Search Results for: Lockheed

Tim Glaeser: Raytheon Expects US, Qatar to Close Patriot System Deal By 2014’s End

Tim Glaeser, a vice president at Raytheon (NYSE: RTN), expects the governments of U.S. and Qatar to reach an agreement by the end of the year for Qatar to purchase a Patriot missile defense system from the U.S. through a foreign military sales agreement, Reuters reported Tuesday. Glaeser, vice president of Raytheon’s integrated defense …

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Raytheon to Produce 3D Long-Range Radars for Air Force

Raytheon (NYSE: RTN) has won a potential $71.8 million contract to engineer, manufacture and develop the U.S. Air Force‘s three-dimensional expeditionary long-range radar systems. The 3DELRR EMD contract has a $19, 502, 764 base value and calls for the company to deliver up to six radar platforms, as well as product …

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Executive Mosaic Launches GovConIndex

Executive Mosaic Inc. has launched the Executive Mosaic GovConIndex; a composite index that tracks 30 of the leading publicly traded Government Contracting (GovCon) Companies. The goal of the index is to measure the health and performance of the GovCon industry through changes in the aggregate price of the component stocks. The represented …

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James Bahel Joins Leidos’ Integrated Systems Org as BD VP; Sam Gordy Comments

James Bahel, a 35-year intelligence veteran and former senior business development officer at Lockheed Martin (NYSE: LMT), has joined Leidos (NYSE: LDOS) as vice president of BD for the company’s integrated systems group. He succeeds Mike Stewart, who has been named ISG operations manager, and will oversee the organization’s development …

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Army Taps Six Vendors for $250M Automated Test Systems Support IDIQ

The U.S. Army has awarded positions on a six-year, $249.9 million contract to six companies for engineering support services to the branch’s armament research, development and engineering center. Awardees will compete for task orders to perform work under the multiple award, indefinite-delivery/indefinite-quantity, firm-fixed-price contract,  the Defense Department said Tuesday. The Army Contracting …

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Logen Thiran Joins ARA as President, CEO; Pradeep Wahi Comments

Logen Thiran, formerly a business unit president at DRS Technologies, has joined ARA as president and CEO to succeed Pradeep Wahi, who continues to serve as chairman of the board. ARA said Thiran joins the company as it seeks to align its product base and research and development projects with demand in international and domestic markets for radio frequency products. “[These] are exciting times …

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ULA Arm Receives $938M Contract Modification on USAF Launch Vehicle Program

A subsidiary of United Launch Alliance has received a $938.4 million contract modification from the U.S. Air Force for continued Evolved Expendable Launch Vehicle services for the Delta IV and Atlas V launch vehicles. United Launch Services will provide services such as program management, space and launch vehicle integration, launch operations and infrastructure sustainment …

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Army Taps 17 Firms for Army Research Lab/JIEDDO Challenge IDIQ

The U.S. Army has selected 17 companies to participate in the initial task order for the Culvert Denial Challenge program, which is run by the Army Research Laboratory and Joint Improvised Explosive Device Defeat Organization. The Defense Department said Tuesday that the indefinite-delivery/indefinite-quantity contract is worth up to $49.5 million through September 2019. Work …

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Army Picks 21 Contractors for $7.2B in Intell Services IDIQs

The U.S. Army has awarded positions on two contracts potentially worth $7.2 billion combined to 21 companies to support the branch’s intelligence, security and information operations globally. Contractors will compete for task orders to perform work during the five-year ordering period, the Defense Department said Friday. The Army awarded the …

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Report: Air Force Could Award Long-Range Radar Contract Next Week

The U.S. Air Force is close to naming the winner of a contract to produce long-range, ground-based sensors for tracking hostile aircraft and missiles, Defense News reported Wednesday. Aaron Mehta writes that Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) are competing for the Air Force’s …

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