Author: Nichols Martin|| Date Published: March 10, 2022
Saab has secured a $122 million modification to a contract with the U.S. Marine Corps for the production and delivery of force-on-force training systems.
The modification includes a $54 million order booked in 2021 and options that would raise the potential value of the FoFTS-Next contract to $248 million, Saab said Wednesday.
USMC chose the Swedish aerospace and defense contractor’s U.S. subsidiary to manufacture instrumentation equipment along with logistics and exercise support services as part of a $127.9 million initial FoFTS-Next award announced in June last year.
The branch aims to deploy a land-based capability to accommodate a maximum of 10 battalion training sets and establish support operations at multiple installations.
Erik Smith, president and CEO of Saab Inc., said the Marine Corps Training Instrumentation Systems capability offers a realistic environment for service personnel to practice how to carry out battlefield tactics, procedures and techniques.
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…