
Leidos Books Potential $1B FAA Flight Service Modernization Contract; Jim Moos Quoted Leidos (NYSE: LDOS) has landed a potential 15-year, $1 billion contract to update the Federal Aviation Administrations (FAA) digital flight briefing service with aeronautical and weather data as well as flight planning support features. The Future Fligh...
Drone Aviation and ComSovereign, a U.S.-based consortium of businesses involved in 5G telecommunications radio, power systems and silicon photonics, have completed their merger for an undisclosed sum. The newly combined company will operate as ComSovereign Holding and will focus on providing wireless carrier customers with 5G/NR connectivity and c...
The Defense Advanced Research Projects Agency has chosen BAE Systems to create a semi-autonomous technology that would help military personnel to plan missions. BAE will develop the Multi-domain Adaptive Request Service software to facilitate automatic battlespace data collection across air, sea, land and space domains, the company said Tues...
Phil Pitsky, vice president of federal operations at Dedrone, said the company has "grand visions" about the potential use of an unmanned aircraft system countermeasure technology, Inside Defense reported Friday. He was referring to DroneDefender, an anti-small UAS system the San Francisco-based firm acquired from Battelle in October....
TYSONS CORNER, VA, December 2, 2019 — John Kavanaugh, senior vice president and chief financial officer of Perspecta (NYSE: PRSP), has said the company maintains a diversified contract base, balanced portfolio and strong backlog during his keynote address at Baird’s 2019 Government & Defense Conference, ExecutiveBiz reported Nov. 20....
Tiger Midco, an affiliate of funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates, has increased its offer to acquire information technology distribution company Tech Data (Nasdaq: TECD) from $130 in cash per share to $145 per share, or approximately $6B, under an amended deal....
Raytheon (NYSE: RTN) has received a potential three-year, $403.3M contract modification from the U.S. Navy to deliver System Demonstration Test Articles and related equipment for use in the initial operational test and evaluation phase of the service’s Next Generation Jammer Mid-Band Program....