According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $10, 227, 879 contract modification which will increase the ceiling on contract line item number (CLIN 0020 and CLIN 0021) and revise the statement of objectives for the Family of Advanced Beyond Line of Sight Terminals Program through Sept. 30, 2013. At this time, zero dollars have been obligated. ESC/HNSK, Hanscom Air Force Base, Mass., is the contracting activity (F19628-02-C-0048; P00188).”
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.