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The U.S. Navy looks to consolidate as many as 15 contracts for aircraft maintenance and logistics support services into a potential seven-year, $12.6 billion contract vehicle, Bloomberg Government reported Monday. A pre-solicitation conference on the Contracted Maintenance, Modification, Aircrew and Related Services program is scheduled to take plac...

BAE Systems‘ land and armaments business has secured a $120.5 million contract modification from the U.S. Army for the production of M88A2 Heavy Equipment Recovery Combat Utility Lift and Evacuation System vehicles. The Army obligated $7 million at the time of award from its fiscal 2018 “other” procurement funds...

TYSONS CORNER, VA, May 7, 2018 ” A Cubic (NYSE: CUB) business unit has set up an exhibit of technologies at this week’s Special Operations Forces Exhibition and Conference in Jordan through May 10, ExecutiveBiz reported Friday. The company said Thursday Cubic Global Defense will feature its P5 Tactical Combat Training System, Qu...

Olivier Rabiller will continue to serve as president and CEO of Honeywell‘s (NYSE: HON) transportation systems business after the unit’s separation from Morris Plains, N.Y.-based industrial conglomerate into a standalone public company. Honeywell said Friday it expects to complete the spinoff by the end of the third quarter. Ra...

L3 Technologies (NYSE: LLL) has appointed John Kim, former senior analyst at SAB Capital, to serve as vice president of investor relations and analytics. In his new role, Kim will oversee L3’s investment community engagement, reporting directly to Heidi Wood, senior VP of strategy and technology, the company said Monday. He will...

New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3™s TCS and Crestview Aerospace business units that operate under the technology contractor™s aerospace system...

TYSONS CORNER, VA, May 1, 2018 ” CAE has unveiled a new facility for its defense and security business in Australia as the company works to secure a contract for the military’s Project Air 7003 with industry partners including General Atomics, ExecutiveBiz reported Monday. The Canberra office, which serves to expand CAE’s ...

TYSONS CORNER, VA, April 30, 2018 ” Ed Sheehan Jr., president and CEO of Concurrent Technologies Corp., has received the Patriot Award under the Defense Department‘s Employer Support of the Guard and Reserve program, ExecutiveBiz reported Wednesday. Kevin Hillegas, a CTC employee and Army National Guard member, nominated Sheehan for ...