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TYSONS CORNER, VA, Nov. 30, 2017 ” BAE Systems, CAE, L3 Technologies (NYSE: LLL), Lockheed Martin (NYSE: LMT), Maxar Technologies (NYSE: MAXR) and Ultra Electronics have teamed up in a bid to develop Canada’s future surface combatant vessels, ExecutiveBiz reported Wednesday. Lockheed said Tuesday the group called “Canada&#...
Rick Wagner, executive vice president and chief operating officer of the mission, cyber and intelligence solutions group at ManTech International (Nasdaq: MANT), has been promoted to president of that same unit in a move that takes effect Jan. 1. ManTech said Wednesday Wagner will succeed the retiring Bill Varner, who has led the MCI...
The State Department has cleared Poland™s request to buy a High Mobility Artillery Rocket System and AIM-120C-7 Advanced Medium-Range Air-to-Air Missiles from the U.S. government under two foreign military sales agreements worth approximately $500 million combined. Poland asked to purchase Guided Multiple Launch Rocket System M31A1 Un...
The U.S. Air Force has kicked off a small business set-aside solicitation for a potential 10-year, $403 million contract to extend the service life of the military branch’s fleet of F-16 Fighting Falcon fighter aircraft. The indefinite-delivery/indefinite-quantity contract has a five-year ordering period and a five-year option, the Air Fo...
TYSONS CORNER, VA, Nov. 20, 2017 ” PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense News re...
The General Services Administration has awarded 61 companies positions on a potential 10-year, $50 billion governmentwide acquisition contract for information technology products and services. GSA said in a FedBizOpps notice posted Friday the award is for the unrestricted portion of the Alliant 2 GWAC that has a base term of five years and five...
The State Department has given Poland the green light to buy the third configuration of the Patriot missile system equipped with the Integrated Air and Missile Defense Battle Command System and related equipment from the U.S. government under a potential $10.5 billion foreign military sales agreement. Raytheon (NYSE: RTN), Lockheed Martin ...
TYSONS CORNER, VA, Nov. 17, 2017 ” BAE Systems has entered into an agreement to continue its partnership with the Advanced Military Maintenance Repair and Overhaul Center in the United Arab Emirates to provide support for that country’s Hawk trainer aircraft fleet, ExecutiveBiz reported Thursday. The teaming arrangement wit...
Weekly Roundup November 13 – November 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon community has experienced significant M&A and restructuring activity. Notable transactions include: H.I.G.™s purchase of WBB for an un...
General Electric‘s (NYSE: GE) aviation business has received a $143.4 million contract from the U.S. Navy to for the low-rate initial production of lots 1 and 2 turboshaft engines for CH-53K heavy-lift helicopters. The Defense Deparment said Thursday GE Aviation will supply 22 T408-GE-400 engines, peculiar su...
