According to the Department of Defense, “Boeing (NYSE: BA) (FA8651-11-D-0035), and Raytheon (NYSE: RTN) (FA8651-11-D-0036), are being awarded a $20, 000, 000 cost-plus-fixed-fee contract for integrated precision ordinance delivery system (IPODS) Phases II-IV; research and development. Work will be performed in St. Louis, Mo., and Tucson, Ariz. Contract funds will not expire at the end of the current fiscal year. Two proposals were received in a full and open competition under a broad agency announcement. AFRL/RWK, Eglin Air Force Base, Fla., is the contracting activity.”
Northrop Grumman (NYSE: NOC) will operate with four operating sectors starting January 2020 as part of efforts to better align its portfolio to meet clients' needs.
The U.S. Air Force has awarded eight positions on a potential 10-year, $950M contract to provide technical and analytical support to the Secretary of the Air Force's Concepts, Development and Management Office. USAF received 10 offers for the multiple-award, indefinite-delivery/indefinite-quantity contract, the Department of Defense said Wednesday.