Twelve companies have been awarded spots on a potential five-year, $497.5M U.S. Navy contract to provide Strike Planning and Execution System hardware and software for domestic and foreign military clients....
The U.S. Navy has selected 25 companies for a potential 11-year, $7.14B contract to perform full-rate production of aircraft components and aviation systems for the Naval Air Warfare Center Aircraft Division....
Six companies have received a $550M increase to potential value of orders under a multiple-award contract to sustain U.S. Navy littoral combat ships docked at various locations within and outside the continental U.S. This contract action raises the ceiling for five ordering periods on MAC Tier 1 from $250M to $800M, the Department of Defense s...
George Khater, formerly executive account leader at Northrop Grumman (NYSE: NOC), has joined Accenture's (NYSE: ACN) federal services unit as director of business development, FedHealthIT reported Tuesday....
United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker ...
The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U...
The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday....
Bruce Jette, acquisition executive at the U.S. Army and a 2020 Wash100 award winner, said companies that previously submitted bids for the Optionally Manned Fighting Vehicle program have expressed plans to compete again after the service restructured the acquisition strategy for the OMFV competition, Inside Defense reported Thursday....
Forty companies have won spots on a potential 10-year, $982.1M contract to provide support services for the U.S. Navy’s unmanned surface vehicle family of systems at various locations within the contiguous U.S....
Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interes...
