The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary a $735.9 million contract modification to increase the scope for low-rate initial production of lot 5 CH-53K helicopters. Sikorsky will produce nine CH-53Ks and perform logistical, programmatic and aircraft support work for the service branch, the Department of Defense...
Clinton Bickett, chief financial officer of global mission services business unit at PAE (Nasdaq: PAE), has been appointed by the board of directors as interim president of the business unit, effective July 6. The move comes after Charles Anderson, a retired U.S. Army major general, stepped down as president of global mission services Thursday, June...
Angela Heise, a more than two-decade information technology and cybersecurity veteran, has joined Microsoft’s (Nasdaq: MSFT) worldwide public sector organization as corporate vice president for defense and intelligence. Julia Glidden, CVP for Microsoft’s worldwide public sector, announced Heise’s appointment in a LinkedIn post Friday. Heise pr...
The State Department has cleared a potential $2.43 billion foreign military sale of F-16 Block 70/72 fighter planes, manufactured by Lockheed Martin (NYSE: LMT), to the Philippine government. This proposed FMS transaction covers the procurement of 10 F-16C jets, a pair of F-16D units and 15 F100-PW-229EEP or F110-GE-129D engines, the Defense Securit...
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...
Albert “Al” Stewart, a three-decade government market veteran, has joined Xator as senior vice president for business development. His appointment took effect June 1 and he is responsible for overseeing business growth strategies throughout the corporation, including its family of companies, Xator said. Stewart previously served as director of b...
A Bloomberg Government report says the federal government’s total contract spending reached $682 billion in fiscal year 2020, a 14 percent increase from FY 2019 spending of $599 billion. BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020...
The State Department has approved Australia’s request to buy 29 AH-64E Apache attack helicopters, built by Boeing (NYSE: BA), along with associated equipment and support services under a potential $3.5 billion foreign military sales agreement with the U.S. government. The transaction also includes 29 Modernized Target Acquisition Designation S...
Raytheon Technologies (NYSE: RTX) and Millennium Space Systems have received separate contracts to create digital models of sensor technology for the U.S. Space Force’s future missile warning satellite constellation. The Missile Track Custody Prototype contracts call for the two companies to perform modeling work as part of the Next Generation...
Phantom Space has acquired Tucson, Arizona-based flight hardware developer StratSpace for an undisclosed sum in a move to expand satellite launch and data infrastructure offerings. Phantom said Tuesday it aims to offer daily space access by integrating the company’s Daytona and Laguna rocket platforms with core StratSpace technology assets. St...
