Category: News

State Dept OKs $140M Sale of Raytheon Seasparrow Missiles & Services to ChileContract Awards

State Dept OKs $140M Sale of Raytheon Seasparrow Missiles & Services to Chile

The State Department has approved Chile’s request to acquire $140.1 million in Raytheon (NYSE:RTN)-manufactured Evolved Seasparrow Missiles and related services from the
Army Picks 12 Firms for $490M Oil & Gas Facilities Construction IDIQContract Awards

Army Picks 12 Firms for $490M Oil & Gas Facilities Construction IDIQ

The U.S. Army has selected 12 companies to compete for task orders to help the Army Corps of Engineers design and construct petroleum,
SES to Buy Remaining O3b Networks Stake for $730MM&A Activity

SES to Buy Remaining O3b Networks Stake for $730M

Luxembourg-based communications satellite operator SES has exercised a call option to acquire the remaining 50.9 percent stake in Channel Islands-based satellite
Northrop Gets $103M Navy Contract Modification for JCREW System Low-Rate Initial ProductionContract Awards

Northrop Gets $103M Navy Contract Modification for JCREW System Low-Rate Initial Production

Northrop Grumman (NYSE: NOC) has received a potential two-year, $103.4 million contract modification to begin low-rate initial production of the U.S.
July 5 Market Close: GovCon Index Lower as Oil Declines,  Brexit Uncertainty Return to MarketsFinancial Report

July 5 Market Close: GovCon Index Lower as Oil Declines, Brexit Uncertainty Return to Markets

Executive Mosaic’s GovCon Index held lower to start July’s first full trade week Tuesday as U.S. stocks stumbled on a decline
KBR Unveils Rebranded Wyle as $570M Acquisition ClosesM&A Activity

KBR Unveils Rebranded Wyle as $570M Acquisition Closes

KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under
Reuters: Poland Nears Completion of Potential $5B Raytheon Missile Defense System ContractContract Awards

Reuters: Poland Nears Completion of Potential $5B Raytheon Missile Defense System Contract

Poland has made progress in its work to complete a potential $5 billion contract with Raytheon (NYSE: RTN) for the company’s air
Lockheed,  Boeing Among Firms Tapped for Japan’s Potential $40B Fighter Jet ProgramContract Awards

Lockheed, Boeing Among Firms Tapped for Japan’s Potential $40B Fighter Jet Program

Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) are among the companies Japan has contacted to potentially participate in the country’s planned
Raytheon,  Thales Restructure JV to Focus on NATO C2,  Missile Defense SystemsM&A Activity

Raytheon, Thales Restructure JV to Focus on NATO C2, Missile Defense Systems

Raytheon (NYSE: RTN) and Thales Group have agreed to restructure their joint venture ThalesRaytheonSystems in order to focus on the delivery
Navy Awards Raytheon $292M Contract Modification for Sidewinder Block II Missiles ProductionContract Awards

Navy Awards Raytheon $292M Contract Modification for Sidewinder Block II Missiles Production

Raytheon (NYSE: RTN) has received a potential $291.8 million contract modification from the U.S. Navy to build 660 full-rate production Lot