Textron’s AAI Subsidiary Gets $207M Army Contract for Australia RQ-7B UAS Logistics Sustainment Services

RQ-7B Shadow droneAAI, a subsidiary of Textron (NYSE: TXT), has secured a potential $206.6 million foreign military sales contract with the U.S. Army to perform logistics maintenance work on Shadow RQ-7B unmanned aerial systems for Australia.

The Defense Department said Monday the Army Contracting Command received one bid for the cost-plus-fixed-fee contract and obligated $3.7 million at the time of award from the service branch’s “other” funds in fiscal year 2017.

Work will occur at AAI’s facility in Hunt Valley, Maryland through Oct. 31, 2017.

RQ-7B UAS is designed to offer reconnaissance, surveillance, target acquisition and force protection capacity for brigade combat teams during daytime or nighttime operations and limited adverse weather conditions.

You may also be interested in...

F-35 Lightning II

State Dept OKs Potential $10B Sale of Lockheed-Made F-35s to UAE

The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.

strategic partnership

DC Capital Aims to Help HTSI Grow Gov’t Footprint via Strategic Partnership

Private equity firm DC Capital Partners has entered into a strategic partnership agreement with Huntsville, Alabama-based system engineering company Hill Technical Solutions Inc. aimed at helping expand the latter's customer base and support work in the government sector.