Search Results for: Elbit Systems

Four Companies Awarded Marine Handheld Targeting System Assessment OTAs

Four companies have secured other transaction agreements to explore the possibility of creating a single, lightweight, man-portable system for the U.S. Marine Corps to locate, acquire and counter targets. BAE Systems, Elbit Systems of America (Nasdaq: ESLT), Fraser Optics and Northrop Grumman (NYSE: NOC) will examine potential systems for USMC’s Next Generation Handheld Targeting System, …

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Robert Sanders Named VP of Ensco’s US, Canadian Avionics Subsidiaries

Robert Sanders, a more than 20-year aerospace and defense industry veteran, has taken a new role as vice president of Ensco‘s avionics subsidiaries in the U.S. and Canada. Ensco said Tuesday Sanders will lead two businesses that offer avionics engineering products and services to the aerospace sector. He previously worked at Honeywell (NYSE: HON) …

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PwC: Global Aerospace & Defense M&As Reached $15B in Q1 2018

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global …

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Army selects 7 firms for potential $249M UAS contract

Seven companies have won spots on a potential five-year, $248.5 million contract to provide multiple unmanned aircraft systems to the U.S. Army. The Defense Department said Wednesday contractors will compete for task orders covering long-range reconnaissance surveillance and medium-range mobile UAS; a government-owned tactical open architecture controller system; and spare and repair parts. …

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3 Companies Could Vie for Army Contract on Air Soldier Helmet Mounted Display

TYSONS CORNER, VA, Aug. 3, 2017 — BAE Systems, Elbit Systems and Thales have been invited to attend the U.S. Army‘s presolicitation conference for the future procurement of the Common Helmet Mounted Display platform, ExecutiveBiz reported Wednesday. Jane’s 360 reported Tuesday the three companies are the likely candidates to provide the CHMD requirement for …

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State Dept Clears Potential $21B F-15 Sale to Qatar

The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as …

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ScanSource’s Charles Mathis to Join SAIC as EVP, Finance Chief; Tony Moraco Comments

Charles Mathis, executive vice president and chief financial officer of technology products distributor ScanSource, will join Science Applications International Corp. (NYSE: SAIC) to serve in the same dual roles starting Nov. 14. SAIC said Monday Mathis will succeed interim CFO Maria Bishop, who will return to her full-time post as corporate controller. Bishop assumed responsibility for …

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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 Five Firms for $248M Handheld UAV IDIQ

The U.S. Army has awarded five companies positions on a potential $248 million contract for portable hand-launched unmanned aerial vehicles. A FedBizOpps contracting notice says awardees will bid to provide the branch UAV products for operations inside and outside the continental U.S. Awardees of the indefinite-delivery/indefinite-quantity include: AeroVironment (NASDAQ: AVAV) …

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BAE Wins $400M for Navy Trainer Aircraft Inspections, Logistics; Dave Herr Comments

BAE Systems has won a potential five-year, $400 million contract to perform inspections and provide logistics support for the U.S. Navy‘s trainer fleet, the company announced Thursday. BAE’s team of subcontractors on the program includes Elbit Systems of America’s subsidiary M7 Aerospace, PKL Services, Hawker Beechcraft, StandardAero and Sensenich Propeller …

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