Author: Angeline Leishman|| Date Published: November 30, 2021
The Defense Logistics Agency has exercised an option period worth $149 million under its contract with the joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary for V-22 Osprey engineering and logistics services.
Bell Boeing Joint Project Office will support the joint service tiltrotor aircraft platform for the U.S. Air Force, Navy and the Marine Corps, the Department of Defense said Monday.
Japan will also receive the services as part of a foreign military sales transaction.
DOD said the award represents the third option year of the firm-fixed-price requirements contract that has a one-year base period and four one-year options.
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…
AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…