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Boeing (NYSE: BA) will build 18 CH-47F Block I Chinook heavy-lift helicopters for South Korea and one additional unit for Spain under a potential $793 million deal made through a foreign military sales agreement with the U.S. Department of Defense. Block I helicopters are expected to be delivered in 2027 under the deal, which marks...
The State Department has approved a potential $5.6 billion foreign military sale of F-35 aircraft, munitions and related equipment to the government of the Czech Republic. The foreign buyer requested to purchase 24 units of the F-35 conventional take-off and landing variant, along with engines, advanced medium-range air-to-air missiles, captive air ...
Mercury Systems (Nasdaq: MRCY) has appointed finance and technology leader David Farnsworth as chief financial officer and added Roger Krone, former chairman and CEO of Leidos (NYSE: LDOS) and a 10-time Wash100 awardee, to the board as an independent director. Farnsworth will officially assume the CFO role at Mercury Systems on July 17, and will...
Ten companies won spots on a potential 10-year, $485 million contract to provide supporting equipment for the KC-46 aircraft fleets of the U.S. Air Force and foreign military customers. Under the indefinite-delivery/indefinite-quantity contract, ground-based support equipment will be delivered to U.S. and foreign military operating bases until June ...
The State Department has cleared a potential $5.9 billion foreign military sale of Boeing-manufactured (NYSE: BA) multimission maritime patrol and reconnaissance aircraft and related equipment to the Canadian government. Canada asked to buy 16 P-8A aircraft and 111 items such as joint tactical radios, GPS navigation systems and guardian laser transm...
Boeing (NYSE: BA) has assigned its Aurora Flight Sciences subsidiary to lead a research and development initiative to update defensive systems and countermeasures of the KC-46A Pegasus aircraft. The project will focus on the conceptual design and production of composite components at Aurora’s Columbus, Mississippi, factory to support tanker pl...
Boeing (NYSE: BA) has secured a potential $100 million contract to engineer a suite of high-speed fiber-optic shipboard networking systems for the U.S. Navy and foreign military sales customers. Naval Sea Systems Command issued a $16.8 million initial award for design agent and technical engineering support to the AN/USQ-82(V) family of systems, whi...
An affiliate of private equity firm Lone Star Funds has completed its acquisition of ship repair services provider Titan Acquisition Holdings from global investment firm Carlyle (Nasdaq: CG) and Stellex Capital Management. The transaction was first announced in February. Titan is the parent company of three ship repair and marine fabrication service...
Tony Gingiss, formerly chief operating officer at Virgin Orbit, has assumed the COO role at satellite manufacturer Terran Orbital (NYSE: LLAP). He brings to the role more than two decades of production, operations and leadership experience in the defense and aerospace industries, Terran Orbital said Wednesday. Gingiss previously oversaw day-to-day o...
The State Department has approved Kuwait’s request to continue its purchase of engineering technical and maintenance support services for C, D, E and F variants of the F/A-18 fighter aircraft from the U.S. government under a potential $1.8 billion foreign military sales agreement. Sigmatech, Kay and Associates, KBR (NYSE: KBR), L3Harris Techno...
