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Tag Archives: Finmeccanica

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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Finmeccanica-Led Group Wins $670M Italy Digital Security Contract; Mauro Moretti Comments

Computer-Engineering

A consortium led by Finmeccanica has received a $669.7 million contract to supply digital security and security services to Italy’s public offices as part of an effort to standardize digital security in public administrations. The consortium that comprises IBM Italia and Fastweb won the contract through Italy’s central purchasing body Consip to provide cloud …

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The Telegraph: UK Eyes Boeing for $2.9B Apache Helicopter Contract

Apache

The U.K.’s ministry of defense could award a $2.9 billion contract for the purchase of 50 Apache helicopters to Boeing (NYSE: BA), The Telegraph reported Saturday. Alan Tovey writes MoD could issue the procurement and servicing contract to the U.S. company at the Royal International Air Tattoo military air show in July. “The Apache program …

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Finmeccanica Secures Potential $335M Italian Aermacchi M-346 Contract

Finmeccanica w border

Finmeccanica has received a potential $335 million contract from Italy’s ministry of defense for the addition of nine Aermacchi M-346 aircraft to be operated by that country’s air force. With the contract, Italy increased its order of M-346 aircraft to 18 with deliveries scheduled to start within this year and end by 2018, Finmeccanica said Tuesday. Grazia Nunnari, …

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Weekly Roundup Feb. 22 – Feb. 26 2016: GD’s Robotics Buy Keeps Tech M&A Wheels Turning & more

Bluefin-21

Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A …

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Gene Colabatistto: CAE to Bring Simulation Tech for Raytheon-Led Team’s T-X Program Bid

Gene Colabatistto

TYSONS CORNER, VA, February 24, 2016 — Raytheon (NYSE: RTN) has officially unveiled that its teaming arrangement with CAE (NYSE: CAE), Finmeccanica and Honeywell (NYSE: HON) will offer the T-100 trainer aircraft for the U.S. Air Force‘s T-X program, ExecutiveBiz reported Tuesday. Raytheon said Monday T-100 is based on the Aermacchi …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

MissileLaunchStock

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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Lockheed Orders Selex Precision Lasers for F-35 EOTS

F-35

TYSONS CORNER, VA September 21, 2015 — Lockheed Martin (NYSE: LMT) has ordered 165 Selex precision ranging and targeting lasers for the F-35’s electro-optical targeting system, ExecutiveBiz reported Friday. The follow-on contract expands the business partnership at the same time the Finmeccanica company’s lasers manufacturing facility in Edinburgh, Selex said Tuesday. …

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Financial Times: Finmeccanica Halts DRS Sale Plan

DRS logo

Finmeccanica no longer plans to sell its DRS Technologies subsidiary as the Italian defense and industrial conglomerate holds a positive outlook in the defense sector for the rest of this year, Financial Times reported Sunday. Peggy Hollinger writes Finmeccanica also is not searching for a U.S. partner to purchase a stake in DRS but …

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DRS Lands Potential $440M in Navy Submarine Electronic, Comm Tech IDIQs

DRS logo

DRS Technologies will build new electronic equipment and update voice communications systems on U.S. Navy vessels under two contracts worth up to $440 million combined. The Finmeccanica subsidiary said Wednesday one of those indefinite-delivery/indefinite-quantity contracts it signed with the Navy will move the company into a prime contractor role with the service …

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