BAE Systems was awarded a $797 million initial order to proceed with full-rate production of the Armored Multi-Purpose Vehicle for the U.S. Army. The service branch said Thursday the contract value could reach $1.6 billion if it exercises options to order additional units of the AMPV, which is designed to replace the M113 family of...

A new McAleese & Associates report shows that defense prime contractors posted a 7 percent to 9 percent rise in sales during the second quarter of 2022 and record-high backlogs as the Department of Defense accelerates contract awards. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the...

The U.S. Army has awarded BAE Systems‘ land and armaments business a $113.1 million contract modification to procure modernized units of the Bradley Fighting Vehicle. BAE will provide M2A4 and M7A4 ground armored vehicles to the service branch, the Department of Defense said Wednesday. The Army used its fiscal 2022 and 2023 procurement funds f...

A subsidiary of BAE Systems‘ U.S. business arm will provide software development and maintenance, technical support and fleet services under a $91.5 million contract from the U.S. Navy. BAE Systems Technology Solutions and Services was tapped to deliver system and subsystem support services to the Navy, Marine Corps, Military Sealift Command, ...

Jerry Boegler, vice president of growth for Axient‘s national security and space systems segment since June 2021, has been promoted to the chief growth officer role. He will lead strategy development, advise on merger-and-acquisition activity and supervise teams focused on business development, capture, proposal and pricing functions, Axient s...

BAE Systems has agreed to acquire Ball’s (NYSE: BALL) aerospace business for approximately $5.55 billion as part of efforts to accelerate the British defense contractor’s space market strategy and expand its technology offerings for the U.S. government. “This marquee acquisition would advance our company’s position in some of the fastest...

BAE Systems is in discussions with Westminster, Colorado-based Ball Corp. (NYSE: BALL) to purchase the latter’s aerospace division in a potential deal worth more than $5 billion. If an agreement is reached, the British defense contractor would take over the business that manufactures instruments and sensors for military, aerospace and national...

GovCon industry veteran Bill Ballhaus has assumed the position of president and CEO of Mercury Systems (Nasdaq: MRCY). He took on the roles on an interim basis on June 24 at the Andover, Massachusetts-based technology company, Mercury said Tuesday. “After conducting a review of potential candidates with the assistance of an executive search firm, ...

Kurt Bender, a 15-year information technology veteran in the aerospace and defense industries, has joined BWX Technologies (NYSE: BWXT) as director of IT. Bender announced his new role on a LinkedIn post Sunday and said he looks forward to driving digital transformation in the government and commercial sectors. He most recently served as senior dire...

Gary Sauer, a former program manager at the Defense Advanced Research Projects Agency, has been named vice president of business development for advanced research and development at Eqlipse Technologies. He will lead the expansion and transition of Eqlipse’s R&D capabilities to operational programs that support defense and intelligence com...