œThe companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their shareholders, Northrop said in a statement released Wednesday.
The Northrop-BAE team™s decision comes a week after Raytheon (NYSE: RTN) and Leonardoended their partnership and a month after the service branch sought proposals for the $16.3 billion program that seeks a replacement aircraft for the current T-38 platform.
Breaking Defense’s Colin Clark wrote the companies™ withdrawal from the competition leaves three industry teams that plan to bid for the T-X program:
Boeing (NYSE: BA) and Saab
Lockheed Martin (NYSE: LMT) and Korean Aerospace Industries
Sierra Nevada Corp. and Turkish Aerospace Industries
HawkEye 360, provider of space-based signals intelligence, has acquired Innovative Signal Analysis, a Dallas, Texas-based company manufacturing high-performance signal-processing technologies.…
The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…
Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit of the U.S. Air Force™s T-X trainer aircraft program, Breaking Defense reported Wednesday.
