The State Department has approved Australia’s request for AH-64E Apache sustainment support services and related equipment under a potential $300 million foreign military sale transaction. The Defense Security Cooperation Agency said Friday Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will be the principal contractors for the pr...
Michael Drews, a more than 20-year Lockheed Martin (NYSE: LMT) veteran, has taken on the role of vice president for global situational awareness and NC3 advanced capabilities and mission strategy at the Bethesda, Maryland-based aerospace and defense contractor. He announced his new position in a LinkedIn post published Monday. In this role, Drews wi...
StandardAero, a portfolio company of global investment firm Carlyle (Nasdaq: CG), has acquired Aero Turbine from Los Angeles-based private equity firm Gallant Capital, for an undisclosed sum as part of a push to expand its maintenance, repair and overhaul capabilities. Established in 1978, Aero Turbine provides MRO services and consultative repair a...
A Teledyne Technologies (NYSE: TDY) subsidiary has secured a $114 million task order from the U.S. Army to enhance missile defense systems. The company said the award to Teledyne Brown Engineering was made by the Army Space and Missile Defense Command under the Design, Development, Demonstration and Integration Domain 1 contract. Teledyne Brown Engi...
The State Department gave the green light for a potential $405 million foreign military sale to the government of Norway of Advanced Medium Range Air-to-Air Missiles–Extended Range and related equipment. The Defense Security Cooperation Agency said Thursday the possible deal, which will have RTX (NYSE: RTX) as the principal con...
Second Front Systems has appointed technology industry executive Josh Bosquez as chief technology officer and Jason Weiss, former chief software officer at the Department of Defense, as CTO for the public sector. The software company said Thursday Bosquez succeeds Enrique Oti, who will transition to the role of chief strategy officer to advance stra...
The State Department has approved Romania’s request to purchase AIM-120 Advanced Medium Range Air-to-Air Missiles and related equipment. The Defense Security Cooperation Agency said Thursday it has notified Congress of the possible $592 million foreign military sale, under which RTX (NYSE: RTX) will serve as the principal contractor.&nbs...
Artificial intelligence has piqued the interest of the U.S. military services, and the Department of the Navy has sharpened its focus on AI technologies in recent years. These tools offer the department increased efficiency and elevated decision making capabilities, but disconnected, dated systems have presented a number of challenges. One of these ...
The State Department has cleared Italy’s $738 million foreign military sales request to buy the Block 5 variant of the MQ-9 Reaper remotely piloted aircraft, related equipment and services from the U.S. government. The Defense Security Cooperation Agency said Thursday General Atomics will serve as the principal contractor in the proposed sale,...
The State Department has approved South Korea’s request to purchase up to 36 AH-64E Apache helicopters from the U.S. government. The Defense Security Cooperation Agency said Monday the proposed foreign military sale is valued at around $3.5 billion and includes 76 T700-GE-701D engines, 36 AN/ASQ-170 modernized target acquisition and designation si...
