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Space infrastructure provider Loft Orbital has raised $170 million in a round of Series C financing led by Tikehau Capital and Axial Partners. The San Francisco-based company said Tuesday it plans to use the capital to further support its operations, advance the launch of satellites for multiple constellations and grow its ecosystem of artificial in...
American Rheinmetall has named Rob Selle, a nearly three-decade product development executive, as vice president of program management and product support. Selle announced his new position in a LinkedIn post published Sunday. Rob Selle’s Industry Background According to his LinkedIn profile, he joined American Rheinmetall from U.S. vehicle man...
The State Department has approved Egypt’s three foreign military sales requests worth approximately $5.3 billion combined for Abrams tank refurbishment, Hellfire AGM-114R missiles, Advanced Precision Kill Weapon Systems, or APKWS, and related equipment and support services. The Defense Security Cooperation Agency said Friday it has already not...
The State Department has approved a request from South Korea to procure items intended to enhance its fleet of KDX-II destroyers. The potential foreign military sale, valued at an estimated $300 million, also covers related logistics supporting the nation’s KDX-II Class Destroyers Product Improvement Program, the Defense Security Cooperation ...
BAE Systems’ land and armaments business segment has received a U.S. Army contract worth approximately $656.2 million to produce M2A4 and M7A4 Bradley infantry fighting vehicles for the military branch. The Department of Defense said Wednesday Army Contracting Command at Detroit Arsenal in Michigan will obligate funds and determine work locations ...
The State Department has approved the government of Kuwait’s request to purchase maintenance, repair and sustainment services and military equipment for an estimated cost of $300 million. The Defense Security Cooperation Agency said Tuesday BAE Systems, U.S. Ordnance, DRS Technologies, L3Harris Technologies, Northrop Grumman and RTX will ser...
Michael Bate was elevated to the role of vice president and general manager of large caliber ammunition and artillery systems at General Dynamics Ordnance and Tactical Systems, the executive announced in a LinkedIn post. Bate has been working at GD-OTS for more than six years now, initially joining the General Dynamics business in 2018 as...
The South Korean government has secured approval from the U.S. Department of State to purchase F-15K aircraft upgrade and logistics support for an estimated cost of $6.2 billion. The Defense Security Cooperation Agency said Tuesday Boeing, BAE Systems and Raytheon Technologies will serve as primary contractors for the proposed foreign military sale....
BAE Systems has booked a U.S. Navy contract valued at $104.8 million to provide engineering, logistics, integration and installation support services over a five-year period. The Department of Defense said Tuesday the indefinite-delivery/indefinite-quantity contract covers support services for the Naval Air Warfare Center, Aircraft Division, We...
BAE Systems has secured a U.S. Navy contract worth $122 million to perform systems engineering and integration support services and conduct special studies aimed at enhancing the service branch’s nuclear deterrent capabilities. The Department of Defense said Wednesday the cost-plus-fixed-fee contract covers systems engineering and integra...
