General Atomics to Build Navy Aircraft Arresting Gear

General Atomics
General Atomics has received a $51,997,981 order from the U.S. Navy for electric motor-based systems that work to slow down aircraft during recovery operations. The Navy is acquiring the Advanced Arresting Gear equipment in order to run arresting simulations of live aircraft before the branch deploys planes onboard ships, the Defense Department said Thursday. According to the Pentagon, the gear is...

Report: Lockheed, Air Force Close to $2.2B Satellite Contract Signature

lockheed martin
Lockheed Martin (NYSE: LMT) is close to signing a $2.2 billion contract with the U.S. Air Force for the fifth and sixth Advanced Extremely High Frequency satellites, according to a Reuters report. Andrea Shalal-EsaEmployment Standards Administration writes a preliminary deal for the satellites was agreed upon in December and another handshake agreement was made in September. Lt. General Ellen Pawlikowski,...

Contractors to Restart Work as DoD Brings Back 90% of Furloughed Civilians

RobertHale3
Robert Hale The U.S. Defense Department intends to end the furloughs of certain inspectors and officials that work with contractors at government sites. Those furloughs were reported to have driven an increase in planned contractor furloughs and temporarily paused contracted work at federal facilities. Click here to read more on these developments from ExecutiveGov. Bloomberg’s William Selway...

Lockheed, Pentagon Close $8B in F-35 Contracts; Lorraine Martin Comments

F35
Lockheed Martin (NYSE: LMT) and the Defense Department have closed on two new contracts worth $7.8 billion for the sixth and seventh batches of F-35 aircraft, Reuters reported Friday. Andrea Shalal-EsaEmployment Standards Administration writes the company received a $4.4 billion order for 36 F-35s and another $3.4 billion order for 35 F-35s. DoD told Reuters each of the conventional takeoff variants...

General Dynamics Wins $187M to Convert Abrams Tanks

general dynamics logo
General Dynamics Land Systems (NYSE: GD) has won a $187.5 million contract to convert 84 Abrams tanks into a new configuration. Work will support a foreign military sales agreement with Saudi Arabia, the Defense Department said Wednesday. The company will convert 44 M1A1 and 40 M1A2 model vehicles to the M1A2S configuration under the firm-fixed-price, non-option-eligible, non-multi-year contract. Production...

Report: Netherlands to Buy 37 Lockheed F-35 Jets

F35
Netherlands Defence Minister Jeanine Hennis-Plasschaert is scheduled to announce Tuesday that the Dutch government will acquire 37 Lockheed Martin (NYSE: LMT) F-35 fighter jets, Reuters reports. Anthony Deutsch and Andrea Shalal-EsaEmployment Standards Administration write the Netherlands would become the seventh country to place orders for the F-35 following the U.K., Australia, Italy, Norway, Israel...

Harris Air Force Comm Equipment Contract Increases to $215M

Harris w-Border
Harris Corp. (NYSE: HRS) will continue to provide communications equipment for a U.S. Air Force facility under a contract modification worth $27.3 million, the Orlando Sentinel reported Tuesday. The company’s government communications systems division will work to retrofit gear at the Air Force Space and Missile Center in El Segundo, Calif., according to the report. The total contract value...

US Inks $500M Apache Helicopter, Radar Sale Agreement with Indonesia

ArmyLogistics
Indonesia will purchase eight Boeing-made (NYSE: BA) Apache helicopters and Longbow radars from the U.S. under a $500 million foreign military sales agreement, the American Forces Press Service reported Sunday. Cheryl Pellerin writes the sale also includes pilot training and help to develop tactical strategies for security missions in Southeast Asia. “Helping ensure the region’s security and prosperity...

Report: Pentagon Outlines $4.3B in Potential Arms Sales to Iraq

Pentagon
The U.S. Defense Department has informed Congress of nearly $4.3 billion in potential foreign military sales transactions with Iraq, Defense News reported Sunday. Paul McLeary writes the deals come as the country aims to address sectarian violence and terrorist attacks. “Iraq is moving back to a primary state of civil war, and its internal focus is coming back to counterinsurgency and counterterrorism,”...

Deltek: $40B in Recompete Defense Contracts Up For Grabs

Pentagon
Defense Department components plan to offer three recompete contracts worth up to $40 billion combined starting this fall and continuing into the winter, the Washington Post reported Monday. Ashley Bergander writes both large and small companies could have an opportunity to participate in the bidding process for each of the contract vehicles set to be awarded by the Army, Air Force and Defense...

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