Author: Jane Edwards|| Date Published: May 1, 2017
The State Department has given NATO the green light to buy equipment and logistics support for Boeing-built (NYSE: BA) C-17 aircraft and Large Aircraft Infrared Countermeasures system components under two foreign military sales agreements worth approximately $333.5 million combined.
The NATO Support and Procurement Agency requested to purchase follow-on technical and maintenance support services for three C-17 planes as well as spare and repair parts, inspections, retrofit and modification, in-country contractor services and training support under a potential $300 million FMS contract, the Defense Security Cooperation Agencysaid Friday.
Boeing will serve as the prime contractor in the transaction that seeks to help NATO expand strategic airlift and deployment capabilities to other allies in support of contingency missions outside Europe.
NSPA also asked to procure six LAIRCM system replacements, 14 Guardian laser transmitter assemblies, spares, flight test, aircraft installation, training, certification and support equipment to update the LAIRCM platform onboard three C-17s through a separate contract valued at $33.5 million.
Northrop Grumman (NYSE: NOC) will serve as the principal contractor for the second FMS deal that aims to build up self-protection capabilities of C-17s as part of the NATO Airlift Management program.
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based…
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect…
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield,…