India Plans $2.5B Purchase of Boeing Chinook, Apache Helicopters

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India has approved a deal to purchase Boeing-built (NYSE: BA) Chinook and Apache helicopters for approximately \$2.5 billion, Reuters reported Saturday. Nigam Prusty writes the purchase is part of Prime Minister Narendra Modi’s plan to bolster the nation’s military posture. The government also agreed on a proposal by the Indian navy to buy 16 multi-role helicopters under a deal in which United...

Air Force Awards Lockheed $2B for Missile Warning Satellite Production

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The U.S. Air Force has awarded a $1.86 billion fixed-price contract to Lockheed Martin (NYSE: LMT) for work to complete production of two satellites as part of a system designed to give early warnings of ballistic missile launches. Lockheed said Tuesday that the Space Based Infrared System is intended to have a mix of company-built Geosynchronous Earth Orbit satellites, hosted payloads in a highly...

John Hillen: GovCon Services Market ‘Leaving Its Teenage Years,’ Entering New Maturation Phase

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The GovCon services market is entering a new phase of maturity and leaving a part of a nearly five-decade timespan that “might be seen as its teenage years,” former Sotera Defense Solutions CEO John Hillen wrote in a May 20 guest column for Washington Technology. Hillen, executive in residence and professor of practice at George Mason University’s School of Management, is charting the...

Carl Salzano: Mentorship & Trust Critical as Booz Allen Works to Help Wounded Warriors Transition into Civilian Life, Careers

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Carl Salzano In 2010, Booz Allen Hamilton senior vice president Carl Salzano brought together leaders from across the company to establish a strategic framework, organization and structure for employee-led volunteer veteran activities. “We weren’t going to interfere with letting a thousand flowers bloom, but we wanted to bring a strategic focus to these efforts, and as an institution, we...

Air Force Taps 5 Firms for $75M Property Renovation IDIQ

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The U.S. Air Force has awarded five positions on a potential one-year, $75 million contract for maintenance and repair work on military and federal property. The Air Force received 29 offers for the indefinite-delivery/indefinite-quantity, multiple-award construction contract and will award task orders to perform work, the Defense Department said Monday. Work will take place at Holloman Air Force Base,...

Air Force Picks 6 Firms for $950M Military Construction IDIQ

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Six companies have won positions on a potential seven-year, $950 million U.S. Air Force contract for architect-engineering services to support military construction, family housing projects and programs for sustainment, restoration and modernization. The Air Force received 82 offers for the contract, which the Navy awarded through a selection process under the Brooks Act and Federal Acquisition Regulation...

Report: Lockheed’s Skunk Works Aims to Build Payload Carrying Drone

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Lockheed Martin (NYSE: LMT) is building an unmanned aerial system for carrying military payloads, vehicles and supplies, Yahoo News Canada reported Friday. Scott Sutherland writes Lockheed’s Skunk Works unit derived the idea for the Aerial Reconfigurable Embedded System from its Transformer TX program in 2009. The company is building the multi-purpose, vertical take-off and landing UAS for Defense...

KippsDeSanto: Aerospace, Defense M&A Deals Eye Power Distribution Sector

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KippsDeSanto believes UEC Electronics’ acquisition of defense and security products provider Arotech shows that aerospace and defense companies are looking to power distribution and management technologies for mergers-and-acquisition deals. The deal also demonstrates an attraction towards budgeted and long-term programs that support industry and military initiatives, the investment bank said Thursday. Companies...

Textron Unveils Renamed Aircraft Simulation Business; James Takats Comments

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Textron (NYSE: TXT) has changed the name of its business operations unit that delivers flight simulation technology and services to both military and industrial customers. The company’s simulation and training systems business has been renamed TRU Simulation + Training Inc., Textron announced Tuesday. “Providing solutions that depict realistic environments and conditions that are true to...

Arotech Purchases UEC Electronics for $33M; Robert Ehrlich Comments

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Arotech (NASDAQ: ARTX) has bought military and aerospace electrical systems manufacturer UEC Electronics through a $33 million cash and stock deal. The transaction price includes $25 million in cash, $4.82 million in stock and $5.5 million in performance-based earnouts, Arotech said Tuesday. UEC will operate within the battery and power systems division of Arotech. “The combination opens up...