Raytheon Technologies (NYSE: RTN) has secured a potential seven-year, $376.4 million contract to help the U.S. Navy maintain a forward-looking infrared targeting system used on MH-60R and MH-60S helicopters. The defense contractor will update, repair and provide logistics support for 15 Multi-Spectral Targeting System FLIR components, the Depa...
In a recent Executive Spotlight interview, ExecutiveBiz spoke with Wade Allen, vice president of defense for Applied Information Sciences, to discuss emerging technologies’ impacts on federal industry businesses and the digital transformation efforts driven by the company to address current challenges. He also talked about AIS’ cult...
Maxar Technologies (NYSE: MAXR) posted $405 million in revenues during the first quarter of 2022, up $13 million or 3.3 percent from the prior-year period driven by revenue increase within the company’s space infrastructure segment. The Westminster, Colorado-based space technology company said it had a total order backlog of $1.62 billion and unfu...
The U.S. Navy has selected 18 companies that will compete for task orders under a potential five-year, $346.5 million contract to provide a number of military service organizations with program management, logistics and other support services. The contractors will deliver management integration support to several Naval Air Systems Command program of...
Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace subsidiary has received a potential five-year, $805.7 million contract modification from the U.S. Air Force to continue supporting the service’s Tactical Reconnaissance Pod program. The latest award brings the contract’s total cumulative face value to approximately $1 billion, the Depart...
Adam “AJ” Jarnagin, CEO and founding partner of EXPANSIA, recently spoke with GovCon Wire regarding the company’s mission to drive technology advancement and digital transformation efforts at the edge for federal and intelligence agencies. In addition, Jarnagin also discussed EXPANSIA’s recent contract award to provide the AGORA Di...
A joint venture between Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTN) will continue manufacturing the Javelin man-portable, anti-tank guided munition for soldiers under a $237.9 million contract modification from the U.S. Army. The service branch used fiscal 2022 missile procurement funds on the award and estimated the partnershi...
Fourteen companies have secured positions on a $72.9 million indefinite-delivery/indefinite-quantity contract vehicle covering support services to DLA’s network infrastructure. The firm-fixed-price IDIQ contract has a one-year base period slated to conclude by June 30, followed by two one-year options, the Department of Defense said Thursday. The ...
Intelsat has appointed four aerospace and technology executives to market and innovation roles in line with its strategy to offer transformational technology-powered global connections. The company said Thursday Anthony O’Brien, formerly chief financial officer at Raytheon Technologies (NYSE: RTX) will assume the same post at Intelsat while Michae...
The Intelligence Community’s acquisition processes — and ultimately, its ability to partner with industry — are known for being slowed down by bureaucratic hurdles, restrictions and stringent security requirements. Top officials say they have their hands around the problem, which is the first step towards improvement. “Acquisition is the vit...
