The Defense Department and Lockheed Martin (NYSE: LMT) have finalized an $8.5 billion contract for the manufacturer to supply 90 lot 10 F-35s, an order that is $728 million less than the cost of the previous batch of the fighter jets, Reuters reported Friday. Mike Stone writes the latest F-35 deal lowers the price of the air...
The State Department has moved to clear a proposed $400 million foreign military sale of logistics services and associated equipment in support of the U.K.’s Boeing-built (NYSE: BA) C-17 military transport aircraft. The Defense Security Cooperation Agency said Monday the U.K. government requested sustainment engineering, quality assu...
TYSONS CORNER, VA, Jan. 23, 2017 ” L3 Technologies‘ (NYSE: LLL) fuzing and ordnance systems unit has secured a $32 million contract modification from the U.S. Army for M783 Point Detonating/Delay mortar fuzes, ExecutiveBiz reported Friday. The company said Thursday it will supply mortar fuzes to an international custom...
GovCon Index-listed Rockwell Collins (NYSE: COL) reported first quarter earnings above Wall Street analysts’ expectations Friday with help from higher avionics and other aviation-related sales in the Cedar Rapids, Iowa-based aerospace company’s government business. Rockwell Collins said earnings for the October-December pe...
William “Bill†Parsons, an 18-year NASA veteran, has been named president of Syncom Space Services, a joint venture of PAE and BWX Technologies (NYSE: BWXT). Parsons will oversee S3’s operations at NASA that include management of facility operations, test and manufacturing services and maintenance requirements at Stennis Sp...
A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has secured a $138.6 million delivery order modification for non-recurring engineering services to support the integration of Japan’s configuration into the MV-22B Block C aircraft and MV-22 containerized flight training de...
The U.S. Air Force has awarded Doss Aviation a potential 10-year, $290 million contract to provide ground and flight training for pilots, combat systems officers, remotely piloted aircraft pilots and international military students. Doss Aviation will implement an initial flight training program meant to prepare participants for speci...
Weekly Roundup January 9 – January 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This first full week back to work for us after the Christmas and New Year™s holiday season also happens to represent the last one before President-elect Donald Trump takes office next...
TYSONS CORNER, VA, Jan. 9, 2017 ” The U.S. Air Force has awarded General Atomics‘ aeronautical systems business a one-year, $24 million delivery order to provide Phase 1 logistics support for France’s MQ-9 Reaper unmanned aerial vehicles, ExecutiveBiz reported Friday. GA-ASI will perform work in Poway, California, through Dec. ...
TYSONS CORNER, VA, Jan. 6, 2017 ” The U.S. Air Force has awarded a General Atomics‘ business unit a two-year, $56.7 million order to add new units to Spain’s fleet of MQ-9 Reaper unmanned aerial vehicles, ExecutiveBiz reported Thursday. General Atomics Aeronautical Systems Inc. will provide MQ-9 aircraft and associated equ...
