Author: Kacey Roberts|| Date Published: October 12, 2022
An AAR‘ (NYSE: AIR) government services subsidiary and Boeing (NYSE: BA) have received contract modifications worth a combined $199 million to respectively maintain P-8A planes and engines for the U.S. Navy, Australia and other unnamed international clients.
AAR (NYSE: AIR) Government Services and Boeing (NYSE: BA) will deliver depot-level support services through October 2023 for the service branch, Australia and other foreign military sales customers, the Department of Defense said Tuesday.
AAR received $114.5 million to perform work such as in-service repair, technical directive incorporation, airframe modification and engine replacement of the multimission aircraft in Indiana.
Meanwhile, Boeing secured $84.5 million to maintain and repair CFM56-7B27A/3 and CFM56-7B27AE engines in Georgia and Washington.
The two companies can pursue individual orders through exercised options under the indefinite-delivery/indefinite-quantity contracts the branch previously awarded to them.
Naval Air Systems Command is the contracting activity. Funds will be obligated as each order is issued.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
