General Atomics Receives $400M Air Force Reaper RPA Production Contract

General Atomics‘ aeronautical systems business unit has secured a $400 million contract from the U.S. Air Force to manufacture 36 MQ-9 Reaper remotely piloted aircraft.

The Defense Department said Tuesday the firm-fixed-price contract is for the fiscal 2016 production configuration of MQ-9 RPAs.

Work will occur at a company facility Poway, California, through Aug. 31, 2020.

The Air Force obligated the full contract amount from its fiscal 2016 aircraft procurement funds at the time of award.

GA-ASI also received a $349.1 million contract in December 2016 to provide support services for the Air Force’s MQ-1 Predator and MQ-9 Reaper unmanned aerial systems.

MQ-Reaper is the Air Force designation for the Predator B platform that GA-ASI developed to aid in surveillance and strike support missions.

You may also be interested in...

Gil Dussek CEO Gunnison Consulting Group

Gunnison Buys Federal IT Service Management Firm G2SF; Gil Dussek Quoted

Gunnison Consulting Group has acquired Global Solutions & Services Frameworks for an undisclosed sum to expand its information technology service management, mobile computing and cybersecurity capabilities in the federal government services market. “This deal aligns with our modernization strategy and we remain focused on improving critical government programs, while driving long-term innovation to meet evolving customer demands," said Gunnison CEO Gil Dussek.


Cybersecurity Firm Telos Launches IPO

Telos (Nasdaq: TLS) targeted to raise approximately $254M from the Ashburn, Virginia-based cybersecurity company's initial public offering Thursday, offering 15M shares of common stock with pricing at $17 each.