Lockheed Martin’s (NYSE: LMT) rotary and mission systems business has received a potential $724M contract from the Missile Defense Agency to provide lifecycle engineering and development support for the Aegis ballistic missile defense system.Read More »
The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a $158.4M undefinitized contract to help sustain RQ-4 Global Hawk unmanned aircraft systems for the South Korean government.
Read More »
The State Department has approved a potential $256M sale of light utility helicopters built by Textron’s (NYSE: TXT) Bell subsidiary to the government of Guyana to support the country’s national security efforts.Read More »
Arlington Capital Forms Defense Firm via AEgis-ATA-Brilligent Combination; Jonathan Moneymaker Quoted
Arlington Capital Partners has combined AEgis Technologies, Brilligent Solutions and Applied Technology Associates to establish a new company that will offer engineering services and tech platforms to the national security community. BlueHalo will focus on providing research and development, deployment and other technical support across the areas of missile defense and C4ISR, cyber and intelligence, space and directed energy, Arlington Capital said Thursday.Read More »
KPMG and Ernst & Young have won separate five-year contracts worth $322.2 combined to help the Department of Defense's inspector general office audit financial statements. KPMG received a $224M contract to perform audit work for U.S. Army on a labor-hour basis and EY secured $98.1M to do a similar task for the Defense Logistics Agency, DoD said Thursday.Read More »
The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.Read More »