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

NavyConstruction
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

lockheed martin
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-offOffice Forms Facilitator...

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

kipps
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

Logistics
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

acquisition
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...

Ian Copeland to Head DynCorp’s UK Arm; Chris Bernhardt Comments

DyncorpLogo
Maj. Gen. Ian Copeland, who retired from the British army earlier this year, has joined DynCorp International as U.K. managing director as the company aims to expand in Britain, the company said Thursday. Chris Bernhardt, DynCorp president, said the company intends to leverage its experience in maintaining military aircraft and vehicles worldwide to seek business opportunities in the U.K. The company...

Orlando Carvalho: South Korea, US Could Ink Finalized F-35 Agreement This Year

F35
South Korea has decided to acquire Lockheed Martin-built (NYSE: LMT) F-35 fighter jets through a foreign military sales process with the U.S. The South Korean government evaluated and selected the F-35 Lightning II aircraft under that country’s F-X fighter acquisition program, Lockheed said Monday. Orlando Carvalho, Lockheed executive vice president of aeronautics, said the company expects South...

Robert Kehler, Former Stratcom Chief, Appointed to Inmarsat’s Board

Robert Kehler
Robert Kehler Robert Kehler, a retired four-star Air Force general and former head of U.S. Strategic Command, has been appointed to the board of directors at Inmarsat. The 38-year military veteran will officially take his board role on May 6 and become a member of the British telecommunications contractor’s remuneration committee, Inmarsat said Thursday. “We are especially pleased that with...

Leidos to Help Naval Health Research Center Investigate Warfighter Stress; Steve Comber Comments

Steve Comber
Steve Comber Leidos (NYSE: LDOS) will work with the Naval Health Research Center to investigate the effects of stress on warfighters under a potential five-year, $7.3 million contract. The single-award, cost-plus fixed-fee contract contains one base year and four one-year options, Leidos said Monday. The NHRC’s behavior sciences and epidemiology department aims to further understand factors related...

DLA Hands Down Potential $10B Equipment Logistics IDIQ

ArmyLogistics
The Defense Logistics Agency has awarded positions on a potential five-year, $10 billion contract to six small businesses for logistics support of special operations equipment. DLA received 20 offers for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the Defense Department said Friday. Federal civilian agencies and all four military branches are listed as using agencies for...

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