Raytheon Technologies (NYSE: RTX) has received a $328.16 million contract to manufacture lot 21 of updated AIM-9X Sidewinder multimission missiles for U.S. and foreign military customers. The Department of Defense said Wednesday the three-year contract from Naval Air Systems Command covers the production of Block II all up round tactical and air tra...
CAE announced that it expects to close its $1.05 billion acquisition of the military training business of L3Harris Technologies (NYSE: LHX) on Friday, July 2, after securing all regulatory approvals needed to complete the transaction. The deal was first announced in March and CAE said Monday L3Harris’ military training segment will enable it to br...
TYSONS CORNER, VA, June 29, 2021 — CAES will collaborate with microelectronics company SkyWater (Nasdaq: SKYT) on expanding the latter’s on-shore semiconductor supply chain through the advancement of the design and manufacturing of radiation-hardened microelectronic components, ExecutiveBiz reported June 15. CAE will contribute its expertise...
Twelve companies have won spots on a potential seven-year, $68 million contract to help the U.S. Navy engineer networks and systems that support net-centric military operations. Contractors will compete for task orders to perform engineering and technical work on the service branch’s afloat, ashore and airborne networks through the multip...
The U.S. Air Force has awarded 20 companies positions on a potential six-year, $950 million contract to provide infrastructure, supporting tools and services for the military branch’s threat radar systems and combat training ranges. The Air Force Life Cycle Management Center received 20 offers for the multiple-award, indefinite-delivery/indefinite...
TYSONS CORNER, VA, June 23, 2021 — Two executives from Raytheon Technologies‘ (NYSE: RTX) intelligence and space business have talked about the subsidiary’s efforts to accelerate warfighters’ access to sensor-derived data using a 5G connectivity-based approach, ExecutiveBiz reported June 3. “Being able to operate secure applica...
Pacific Defense has established an advisory board in an effort to inform the aerospace technology company’s decision-making processes and expand its customer reach, and has named former Department of Defense leaders David Norquist and Alan Shaffer as anchor members. Norquist, Shaffer and other board members will bring in their industry experie...
The Alliance for Digital Innovation has released a white paper providing recommendations on how the U.S. government could update governmentwide acquisition contracts to accelerate federal agencies’ access to commercial innovation and help them carry out cybersecurity and information technology modernization efforts. The nine-page document outlined...
TYSONS CORNER, VA, June 21, 2021 — David Appel, vice president of command and control data solutions at Raytheon Technologies‘ (NYSE: RTN) intelligence and space business, said an open systems architecture has the potential to speed up data processing for the Department of Defense’s signals intelligence mission, ExecutiveBiz reported J...
Mirion Technologies, a portfolio company of Charterhouse Capital Partners, has agreed to merge with special purpose acquisition company GS Acquisition Holdings (NYSE: GSAH) that would result in the radiation detection and measurement platforms provider becoming a publicly traded company with an enterprise value of approximately $2.6 billion. The boa...
