According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a $50, 637, 860 cost-plus-award-fee contract modification for proactive technical management to enable more effective program execution, which involves managing a technical baseline, interfaces and system performance by performing systems engineering and integration. Work will be performed at El Segundo, Calif. Contract funds will not expire at the end of the current fiscal year. The Air Force Space and Missile Systems Center, Global Positioning Systems Directorate, PKP, El Segundo, Calif., is the contracting activity (FA8807-07-C-0002; P00069).”
The Defense Logistics Agency has selected U.K.-based protective equipment supplier Avon Rubber for a potential $333M framework contract to provide body armor plates from its recently acquired business, Ceradyne.
Boeing (NYSE: BA), Textron’s (NYSE: TXT) Bell subsidiary and other aerospace defense manufacturers have increased cleaning efforts and implemented telework capabilities, social distancing and other measures to prevent the spread of the coronavirus and maintain operations, FlightGlobal reported Friday. Other companies that have initiated similar efforts are Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Sikorsky and AeroVironment.