According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a maximum $45, 500, 000 cost plus fixed fee IDIQ which will provide Air Force Research Laboratory Materials and Manufacturing Directorate Technology division with a contract vehicle related to evolving materials and manufacturing technology. At this point, $3, 511, 722 has been obligated. The contracting activity is Det. 1 AFRL/PKMT, Wright Patterson Air Force Base, Ohio. (FA8650-11-D-5702, 0001)”
Ten companies have each received indefinite-delivery/indefinite-quantity contracts to provide various fuel types to support designated Defense Logistics Agency missions.
BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.