Raytheon‘s (NYSE: RTN) missile systems business has received a potential $529.7 million contract to provide updated Rolling Airframe Missiles to the U.S. Navy and three foreign military sales customers. The company will supply RAM Block 2 guided missile round pack, ordnance alterations and spares under the firm-fixed-p...
The State Department has approved Germany™s request to procure three Lockheed Martin-built (NYSE: LMT) C-130J-30 military transport aircraft and three KC-130J tanker planes from the U.S. government under a potential $1.4 billion foreign military sales agreement. Lockheed will serve as the prime contractor in the proposed deal that see...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 30 – May 4, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Wash100 GCW Reader™s Choice Awardees, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Wash...
Executive Mosaic has recognized Martha Shepard, vice president of contracts at BAE Systems Inc., and Barry Barlow, senior VP and and chief technology officer at Vencore, for their service to their community of peers through the 4×24 Leadership Program. Both industry veterans completed a full year of service as chairman of 4×24 gr...
Raytheon (NYSE: RTN) has secured a $415.4 million contract modification from the Missile Defense Agency to obtain a limited subset of items needed to produce, test and deliver a total of 24 Standard Missile-3 Block IIA systems. The award raises the contract’s potential value from $694.3 million to $1.10 billion and als...
Mark Brown, a 31-year military research veteran, has joined Belcan as chief technology officer of advanced engineering at the company’s government services segment. Belcan said Monday Brown most recently served as vice president of Scientific Research Corp.‘s advanced technology solutions division that offers research, engineering, ...
A Raytheon (NYSE: RTN) business unit has secured a $395.8 million modification under a U.S. Army foreign military sales contract to produce a missile fire unit for Romania. Raytheon’s integrated defense systems business will supply the Phased Array Tracking on Radar to Intercept Option Fire Unit to the FMS client, the ...
The State Department has approved Bahrain™s request to buy 12 Bell Helicopter-built AH-1Z attack helicopters and related equipment and services through a potential $911.4 foreign military sales agreement. Bell Helicopter and General Electric (NYSE: GE) will act as prime contractors in the proposed FMS deal in support of Bahrain™s...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 23 – April 27, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Executive Moves, Top 10 Stories & Wash100’s Last Days to Vote Jim Garrettson, Executive Mosaic CEO Executive Move...
A Leonardo DRS subsidiary has won a potential $261.9 million contract to produce radar systems for the U.S. Navy and Japan to fulfill a foreign military sales agreement. DRS Laurel Technologies will produce up to 59 AN/SPQ-9B ASMD radars and associated equipment under the firm-fixed-price contract that has an initial value of $64.3 mi...
