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Army Names Five Awardees for Future Attack Reconnaissance Aircraft Design Phase

The U.S. Army has awarded other transaction agreements to five contractors to provide initial designs of the service’s Future Attack Reconnaissance Aircraft platform, Breaking Defense reported Tuesday. Boeing (NYSE: BA), Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary, AVX Aircraft, Textron’s (NYSE: TXT) Bell Helicopter subsidiary and Karem Aircraft were selected out …

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Iridium Records 12% Growth in Q1 2019 Revenue; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) reported $133.7M in total revenue for the first quarter of 2019, up 12 percent from the same period last year. The company said Tuesday the total number of billable subscribers rose to 1.15M in Q1 2019, showing a year-over-year growth of 16 percent associated with the …

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Five Firms Win Spots on $95M Air Force Materiel Command Support IDIQ

The Air Force Materiel Command has awarded five companies spots on five-year, $95M contract to provide a range of support services at Robins AF Base in Georgia. Contractors will compete for task orders to perform mechanical and electrical maintenance, construction and repair alteration work under the indefinite-delivery/indefinite-quantity contract, the Department …

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