The U.S. Army has awarded AeroVironment (Nasdaq: AVAV) an additional contract ceiling of $743 million to continue producing Switchblade loitering munition systems for the military branch and several allied countries, including Sweden, Lithuania and Romania. The company said Monday the award includes a $54.9 million delivery order issued under the pr...
Boeing (NYSE: BA) has agreed to buy Spirit AeroSystems in an all-stock transaction valued at about $4.7 billion, or $37.25 per share. The acquisition is expected to conclude by mid-2025 and will include Boeing-related commercial, defense and aftermarket operations, the Arlington, Virginia-based defense and aerospace contractor said Monday. According...
The State Department has approved a potential $678 million foreign military sale request of the government of the Netherlands to procure Advanced Medium-Range Air-to-Air Missiles-Extended Range and related equipment. The Defense Security Cooperation Agency said Thursday the Netherlands asked to buy 174 AMRAAM-ER, four AMRAAM-C8 guidance sections as ...
Booz Allen Hamilton (NYSE: BAH) has acquired PAR Technology’s government systems business arm in a move to expand the former’s portfolio of defense offerings. PAR Government Systems Corp. will operate as part of Booz Allen’s global defense business, bringing its suite of offerings in imagery, real-time communications, mobile situat...
Iridium Communications (Nasdaq: IRDM) has secured a five-year, $94 million contract to deliver satellite communications support services to Space Systems Command The company said Tuesday it will provide new capabilities and security sustainment services in support of the Enhanced Mobile Satellite Services program under the contract, which has a pote...
Eric Wolf, formerly a vice president at American Systems, has been named VP of innovation at the Chantilly, Virginia-based information technology and engineering services provider. In this newly created role, Wolf will establish a vision and strategy for developing new processes, products and services and foster a culture of innovation throughout th...
The State Department has approved Poland’s foreign military sales requests worth $3.68 billion combined to procure short-, medium- and extended-range air defense missiles from the U.S. government. Poland has requested 821 Lockheed Martin-manufactured (NYSE: LMT) Joint Air-to-Surface Standoff Missile-Extended Range missiles and associated logis...
York Space Systems has hired Jon Estridge, former staff member of the Senate Select Committee on Intelligence, to be its vice president of operations, he announced in a LinkedIn post on Monday. Estridge spent 27 years serving in various government positions, including in the National Geospatial-Intelligence Agency and Office of the Director of Natio...
Accenture’s (NYSE: ACN) federal arm has won a potential five-year, $190 million contract from the State Department to provide data collection, analysis, engineering, systems support, hosting, operational and administrative support services for the Office of the U.S. Global AIDS Coordinator and Health Diplomacy and the Foreign Assistance Bureau. Th...
Canada has requested to buy from the U.S. government munitions and related systems for integration with General Atomics-built MQ-9B SkyGuardian unmanned aerial vehicles under a $313.4 million foreign military sales agreement approved by the State Department. The proposed FMS transaction includes AN/APY-8 Lynx synthetic aperture radars, AGM-114R2 Hel...
