News

Raytheon Technologies Lands Potential $722M Contract for SM-3 Missile Engineering, Mgmt Support

SM-3 missile

The Missile Defense Agency has awarded Raytheon Technologies’ (NYSE: RTX) missile and defense business a potential $722.4M contract to help engineer, manage and sustain Standard Missile-3 Block interceptors for domestic and international customers.

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Arlington Capital Forms Defense Firm via AEgis-ATA-Brilligent Combination; Jonathan Moneymaker Quoted

Jonathan Moneymaker CEO BlueHalo

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.

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KPMG, EY Win $322M in DoD Audit Support Contracts

financial audit

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.

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State Dept OKs Potential $10B Sale of Lockheed-Made F-35s to UAE

F-35 Lightning II

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.

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