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Tag Archives: BAE Systems

Sean Bond to Serve as HDT Global President, CEO; Sam Bartlett Comments

HDT Global

Sean Bond, BondNation Advisors founding partner, will join Solon, Ohio-based technology and services provider HDT Global as its new president and CEO. HDT said Thursday Bond brings more than 20 years of experience in domestic and international defense programs from his previous work with Pratt & Whitney, Bell Helicopter, BAE Systems and ISS North …

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State Dept OKs $821M SM-2 Block IIIB Missile & Launch Canister Sale to Japan

MissileLaunchStock

The State Department has approved Japan’s request to procure Standard Missile-2 Block IIIB missiles and related support from the U.S. government under a potential $821 million foreign military sales agreement. Raytheon (NYSE: RTN) and BAE Systems‘ U.S. subsidiary will serve as principal contractors for the FMS sale that covers 246 SM-2 Block …

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BAE to Develop Machine Learning Tech to Support USAF Space Situational Awareness

Bae systems logo_ExecutiveBiz

TYSONS CORNER, VA, July 19, 2016 — BAE Systems has received a $9.4 million contract from the U.S. Air Force to develop and integrate a machine learning tool that works to support space situational awareness efforts, ExecutiveBiz reported Monday. The Defense Department said Friday BAE Systems Inc. will also utilize analytics, high-performance computing and …

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Leonardo-Finmeccanica, BAE Enter Potential $664M Agreement For UK Typhoon Avionics Support

RAF 6 Squadron Eurofighter Typhoons on Exercise Bersama Lima 11 in Malaysia

BAE Systems and Leonardo-Finmeccanica have entered into an estimated $664 million arrangement to provide avionics support for the U.K.’s Typhoon fleet. Leonardo-Finmeccanica said Wednesday its airborne and space systems segment will work with BAE under the Joint Avionics Solution agreement to support Typhoon’s avionics equipment in the next decade. The arrangement will be part …

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SWIFT Taps BAE Systems, Fox-IT for IT & Cyber Investigations Team

CyberStock

TYSONS CORNER, VA, July 13, 2016 — BAE Systems has teamed with the Society for Worldwide Interbank Financial Telecommunication and Fox-IT to form an information technology and cyber expert team to support global security investigations, ExecutiveBiz reported Tuesday. SWIFT said Monday BAE and Fox-IT will work alongside the cooperative’s new customer security intelligence team to build …

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BAE to Enter Potential 10-Year $3B Partnership for UK Typhoon Fleet Support

RAF 6 Squadron Eurofighter Typhoons on Exercise Bersama Lima 11 in Malaysia

BAE Systems will sign a potential 10-year, $2.8 billion agreement with the U.K.’s ministry of defense to support the country’s Typhoon fleet in partnership with the U.K. air force and Leonardo-Finmeccanica. BAE Systems said Tuesday the formal Typhoon Total Availability Enterprise agreement will establish a single program to consolidate contracts with suppliers across Europe and build …

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State Dept OKs $140M Sale of Raytheon Seasparrow Missiles & Services to Chile

MissileDefense

The State Department has approved Chile’s request to acquire $140.1 million in Raytheon (NYSE:RTN)-manufactured Evolved Seasparrow Missiles and related services from the U.S. government under a foreign military sales agreement between both countries. The Defense Security Cooperation Agency said Tuesday Raytheon, BAE Systems and Lockheed Martin (NYSE:LMT) will serve as principal contractors …

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June 20 Morning Report: GovCon Index Drops Amid Market Reaction to Upcoming ‘Brexit’ Vote

GovConIndexDOWN

The GovCon Index closed Friday with a 0.435-point decline to 78.356 and posted a loss of 1.97 percent for the week to record a third consecutive trading day in the negative and break the Index’s four-week streak of gains. GCI’s performance comes as the Federal Reserve indicated that the upcoming referendum vote on the U.K.’s potential …

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Navy Selects BAE For $53M USS Russell Update, Maintenance Contract

Bae systems logo_ExecutiveBiz

BAE Systems has secured a $53.4 million contract from the U.S. Navy to plan and execute depot-level maintenance and modifications on the USS Russell (DDG 59) destroyer. The Defense Department said Monday the fiscal 2016 selected restricted availability work will be performed at BAE’s San Diego shipyard through February 2017. The Southwest Regional Maintenance …

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State Dept OKs $301M SM-2 Block IIIB Missile Sale to Australia

MissileDefense

The State Department has approved Australia’s request to procure a suite of Standard Missile-2 Block IIIB missiles and related equipment from the U.S. government under a potential $301 million foreign military sales agreement between both countries. Raytheon (NYSE: RTN) and BAE Systems will serve as principal contractors in the FMS transaction that covers up to …

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