According to the Department of Defense: “Rolls-Royce Corp., Indianapolis, Ind., is being awarded an $11, 764, 421 modification to a previously awarded firm-fixed-price contract (N00019-07-C-0060) for the procurement of six spare AE1107C engines for the U.S. Air Force CV-22 aircraft. Work will be performed in Indianapolis, Ind., and is expected to be completed in December 2011. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”
Capital One has signed an agreement to acquire KippsDeSanto & Co., an investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies, Capital One announced on Monday.