Author: Nichols Martin|| Date Published: June 14, 2021
Leidos (NYSE: LDOS) has secured a potential two-year, $61.7 million contract to help the U.S. Navy install and sustain an integrated system designed to detect and engage targets under the sea.
The cost-plus-incentive-fee, cost-plus-fixed-fee, cost-only contract has a base value of $26.9 million and includes foreign military sales to Japan and Australia, which account for 2.6 percent of total contract purchases.
The Navy is buying AN/SQQ-89A(V)15 as part of its multiyear effort to modernize legacy USW systems currently installed on destroyer ships and some cruisers. The open architecture system features a hull-mounted sonar, acoustic intercept receivers and a multifunction toward array, according to the service branch.
Forty-six percent of services will take place in Virginia and the rest in Washington, California, Maine, Mississippi, Florida, Hawaii and Japan.
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,…
