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On Nov. 26th, United Technologies announced its move to split the company into three separate businesses following the completion of the $30B Rockwell Collins acquisition on Nov. 23rd. The move will combine UTC™s Pratt & Whitney and United Technologies Aerospace Systems with Rockwell Collins to form Collins Aerospace Systems. The merger bet...

Consulting firm McAleese & Associates has released a report on key takeaways from the two-day Reagan National Defense Forum that kicked off Friday in California. Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson; Raytheon (NYSE: RTN) CEO Thomas Kennedy; Leanne Caret, CEO of Boeing™s (NYSE: BA) defense, space and security busine...

Five companies will compete for task orders to help the U.S. Navy‘s Bureau of Medicine and Surgery manage financial and business operations under a potential four-year, $83.8M contract. The indefinite-delivery/indefinite-quantity contract’s ordering period is scheduled to commence in February 2019 and will continue through January 2...

LJT & Associates has secured a potential five-year, $200M contract to support launch range operations at the Wallops Flight Facility in Virginia. The company will help the space agency manage flight vehicle communications, radar, telemetry, logistics and tracking efforts, NASA said Wednesday. The indefinite-delivery/indefinite-qua...

TYSONS CORNER, VA, November 13, 2018 ” A business unit of KBR (NYSE: KBR) will continue its support for a U.S. Navy facility in the British Indian Ocean Territory atoll known as Diego Garcia under a $62M contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the modification exercises the first option ...