Author: Jamie Bennet|| Date Published: March 31, 2023
Collins Aerospace, a unit of Raytheon Technologies (NYSE: RTX), has booked a potential $140 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to perform repairs on the propeller system of C-130 military transport planes.
The sole-source award includes $116.8 million in options and a firm-fixed-price pricing provision, the Department of Defense said Thursday.
Specifically, Collins will fix the NP2000 eight-blade propeller and associated electronic control system.
The Air Force is obligating $13.8 million at the time of award from the branch’s fiscal 2021 procurement funds and expects the contractor to complete services on March 29, 2028.
Lockheed Martin (NYSE: LMT) designed the C-130 Hercules primarily for military personnel and equipment airdropping operations.
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…
