Austal USA will lead an industry team to design and build a maximum of seven ocean surveillance vessels for the U.S. Navy under a potential $3.2 billion contract. Naval Sea Systems Command received two bids for the T-AGOS detail design and construction project and the service branch will obligate $113.9 million at the time of...
Beth Skoletsky, a human resources professional with 25 years of government contracting industry experience, has joined Ultra Intelligence & Communications as chief HR officer. She will lead the development and implementation of Ultra I&C’s HR strategy and operations, and align the organizational culture agenda to corporate objectives,...
L3Harris Technologies (NYSE: LHX) has received a five-year, $275.2 million contract to help the National Oceanic and Atmospheric Administration update and maintain ground infrastructure for the Geostationary Operational Environmental Satellites-R Series constellation. The company will provide sustainment support to a system that receives data from G...
L3Harris Technologies (NYSE: LHX) posted $4.5 billion in revenue for the first quarter of 2023, up 9 percent from the prior-year period, driven by sales growth across its three business segments. The company said Thursday profit for the quarter was $339 million, compared to the $475 million a year ago and earnings were $1.76 per...
L3Harris Technologies (NYSE: LHX) will continue to help the U.S. Space Force modernize and sustain a key military platform for monitoring deep space objects after the service branch exercised a fourth contract option valued at $145 million. The award comes after an L3Harris-led industry team updated a command-and-control center, telescopes and a pha...
The State Department has approved a pair of foreign military sale deals worth potentially $774.2 million combined for the government of Morocco to procure High Mobility Artillery Rocket System launchers and Joint Standoff Weapon systems from the U.S. Morocco asked to buy 18 M142 HIMARS launchers along with 350 pieces of related equipment and support...
L3Harris Technologies (NYSE: LHX) has secured a five-year, $584 million contract from the U.S. Air Force to produce, engineer and repair a suite of tools intended for defending aircraft against electronic threats. The company will provide block cycle software development services for the Advanced Integrated Defensive Electronic Warfare Suite, t...
Private equity firm ATL Partners has established LightRidge Solutions, a new portfolio company focused on designing, building and producing small space and airborne sensors and payloads designed to meet national security requirements. Bill Gattle oversees LightRidge Solutions as CEO and brings to the position 35 years of experience in space and airb...
L3Harris Technologies (NYSE: LHX) has booked a $765.5 million cost-plus-award-fee contract to develop a high-resolution infrared imaging system for a collaborative Earth observation initiative of NASA and the National Oceanic and Atmospheric Administration. Under the contract, L3Harris will build two instruments that will fly on the future Geostatio...
Lockheed Martin (NYSE: LMT), L3Harris Technologies (NYSE: LHX) and Northrop Grumman (NYSE: NOC) will continue the development of air-to-ground weapon system offerings for a U.S. Air Force program under separate contracts worth nearly $54 million combined. USAF awarded $18 million each to Lockheed and Northrop and another $17.7 million to L3Harris fo...
