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Lockheed Martin (NYSE: LMT), Astrobotic Technology and Honeybee Robotics have been shortlisted from an initial roster of five companies to continue developing vertically deployable solar array systems meant for use on robotic and human missions to explore the moon. The downselected entities will receive $19.4 million in total funds to build prototyp...

Advanced Systems and Software Engineering Technologies has won a potential $292.3 million contract to help the U.S. Navy develop manned and unmanned aircraft capabilities. The Naval Air Warfare Center Weapons Division in China Lake, California, is the contracting activity and received three offers for the small business set-aside indefinite-delivery...

Nicole Piasecki Kymeta has announced the appointment of aerospace industry veteran Nicole Piasecki to the board of directors and Fran Beaudette, a retired U.S. Army lieutenant general, to the board of advisers. Piasecki has more than 35 years of experience at Boeing (NYSE: BA) and United Technologies Corp. and her appointment comes following the ret...

Viasat (Nasdaq: VSAT) booked a $99 million order during the second quarter of its 2023 fiscal year to supply Joint Tactical Radio System terminals to the U.S. Navy. The order from Naval Information Warfare Systems Command is part of a potential $998 million indefinite-delivery/indefinite-quantity contract awarded in May 2020, the company said Monday...

A new McAleese & Associates report shows major defense prime contractors posted sector operating margins of approximately 11 percent in the second quarter of 2022, reflecting limited impact from the current 8.5 percent inflation. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q2 2...

Five contractors will compete for task orders under a potential 11-year, $4.8 billion multiple award contract from the U.S. Air Force to provide National Air and Space Intelligence Center with capability support services. Altamira Technologies, Epsilon Systems Solutions, Modern Technology Solutions Inc., Radiance Technologies and Xandar were selecte...

TYSONS CORNER, VA, Aug. 19, 2022 — The mission technologies division of HII (NYSE: HII) will provide operation and maintenance services in support of Air Mobility Command’s Mobility Air Force Distributed Mission Operations over a potential six-year period, ExecutiveBiz reported. HII Mission Technologies has received a $79 million task order from...

Marc Duvall, a more than 40-year industry executive with aerospace original equipment manufacturers, has joined private equity firm AE Industrial Partners an an operating partner. “Marc’s strong knowledge of the aerospace supply chain combined with his proven operating track record will allow him to contribute significantly to a variety of v...

The General Services Administration has raised the ceiling value of the $50 billion Alliant 2 governmentwide acquisition contract by an additional $25 billion to broaden opportunities for federal agency customers to access information technology platforms and services. GSA said Wednesday the move brings the ceiling amount of the Alliant 2 GWAC to $7...