The U.S. Navy has awarded indefinite-delivery/indefinite-quantity contracts with a combined ceiling of $1.21 billion to AAR Government Services (NYSE: AIR) and StandardAero for the maintenance and repair of the P-8A Poseidon aircraft. Under each firm-fixed-price, time-and-materials IDIQ, the contractors will perform depot-level engine maintenance, r...
AAR Government Services (NYSE: AIR) and L3Harris Technologies (NYSE: LHX) have been awarded indefinite-delivery/indefinite-quantity contracts by the U.S. Navy. The Department of Defense said Friday the firm-fixed-price, time-and-materials contracts, which total an estimated $1.20 billion, cover maintenance and support services for the P-8A...
L3Harris Technologies (NYSE: LHX) has secured a more than $120 million order from the U.S. Marine Corps for multichannel handheld and vehicular radio systems. The company said Wednesday USMC placed the order under a 10-year, $750 million indefinite-delivery/indefinite-quantity contract for L3Harris-built Falcon IV handheld radios. Falcon IV is a sof...
L3Harris Technologies (NYSE: LHX) has booked a $587 million contract from the U.S. Navy to provide electronic warfare test articles and prototypes. The Department of Defense said Monday the deal covers the design, production and delivery of electronic warfare test articles and fleet prototypes, including 11 pod simulators, eight operational pro...
A report by financial services company Raymond James (NYSE: RJF) shows that 122 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 63 percent increase from the prior-year period and an 11 percent rise from the previous quarter. The August report was issued by Raymond James’ defense ...
L3Harris Technologies (NYSE: LHX) has appointed Christoph Feddersen, a legal professional in the aerospace and defense industry for more than 25 years, as vice president, general counsel and secretary. The company said Friday he succeeds the retiring Scott Mikuen, who has been with L3Harris for nearly three decades, including 15 years as ...
Ultra Intelligence & Communications has appointed Jeff Wrobel, a 20-year business executive, as vice president of business development. The former U.S. Marine Corps officer announced his move to Ultra I&C in a LinkedIn post published Sunday. Wrobel came to Ultra I&C after spending five years at L3Harris Technologies (NYSE: LHX), where he...
Shane Sims, an experienced defense and aerospace acquisition professional, was appointed vice president of business development for national operations at Parsons (NYSE: PSN), according to his LinkedIn post. He previously served as Army account executive on the defense and intelligence team at the Chantilly, Virginia-based information technology pro...
GovCon industry veterans Ron Fehlen and Jeff Schrader announced in separate LinkedIn posts that they have assumed new vice president roles within Lockheed Martin’s (NYSE: LMT) space business. Fehlen will serve as VP of mission architect for national security space at Lockheed Martin Space and Schrader will take on the role of VP of strategy...
Amaan Sattar has transitioned to the role of vice president of program management excellence within the integrated mission systems segment at L3Harris Technologies (NYSE: LHX), according to his LinkedIn post. “In this role, I’ll be responsible for ensuring effective program execution across the portfolio and for leading all program manag...
