According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $38, 208, 000 cost-plus-fixed-fee contract. The award will provide work directives for up to 200, 000 labor hours of systems engineering support and field service representatives for the Early-Infantry Brigade Combat Team Low Rate Initial Production contract. Work will be performed in Saint Louis, Mo., with an estimated completion date of Dec. 31, 2011. One bid was solicited with one bid received. The U.S. Army Contracting Command, Warren, Mich., is the contracting activity (W56HZV-09-C-0452)”
Adaptas Solutions, an Ampersand Capital Partners portfolio company, has agreed to purchase an L3Harris Technologies subsidiary and business unit that manufacture power supplies designed for analytical equipment.
The U.S. Air Force has awarded Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary a potential $500M contract to continue low-rate initial production of new combat rescue helicopters.