AAI, a subsidiary of Textron (NYSE: TXT) subsidiary, has received a potential $120 million contract to continue providing intelligence, surveillance and reconnaissance support for the U.S. Special Operations Command‘s mid-endurance unmanned aircraft systems. SOCOM awarded the sole-source contract for AAI to provide wo...
TYSONS CORNER, VA, May 1, 2018 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has expressed confidence in the company’s broadband services portfolio amid the prevalence of low-Earth orbit satellites in space, ExecutiveBiz reported Friday. Desch, a 2018 Wash100 inductee, said in an earnings call that Iridium’s upcoming “...
TYSONS CORNER, VA, May 1, 2018 ” BAE Systems is helping develop a platform to analyze and share mission-planning and force-tracking data between manned and unmanned aerial systems as part of a program with the Defense Advanced Research Projects Agency and Air Force Research Laboratory, ExecutiveBiz reported Monday. C4ISRNet reported Friday...
AECOM‘s (NYSE: ACM) management services group has landed a potential seven-year, $961 million contract to help the U.S. Air Force maintain and operate remotely piloted aircraft. The company said Tuesday it will provide organizational-level maintenance services for MQ-9 Reaper and RQ-4 Global Hawk systems, as well as support...
Kevin Stein, president and chief operating officer at TransDigm Group (NYSE: TDG) since 2016, has been elected by the company’s board of directors to serve as president and CEO. TransDigm said Monday Stein will also join the board and oversee operational and financial aspects of the Cleveland-based aircraft components maker in his ne...
Jack London, executive chairman and chairman of the board at CACI International (NYSE: CACI), has been named a governance fellow by the National Association of Corporate Directors. CACI said Monday NACD™s Fellowship initiative serves as the organization™s highest credential for governance professionals and corporate directors and aims to h...
The Centers for Medicare and Medicaid Services plans to select multiple contractors to support data-based healthcare quality improvement efforts nationwide through a potential 10-year, $25 billion contract vehicle, Bloomberg Government reported Monday. A draft request for proposals notice says the Network of Quality Improvement and Innovation C...
TYSONS CORNER, VA, April 30, 2018 ” A team comprised of Maxar Technologies‘ (NYSE: MAXR) Radiant Solutions business and partners CosmiQ Works and NVIDIA has received an award from the U.S. Geospatial Intelligence Foundation for the company’s work in GEOINT, ExecutiveBiz reported Wednesday. Radiant said Tuesday th...
A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global A&D companies posted 86 M&A...
Greece’s government council for foreign affairs and defense has approved a plan to buy F-16 aircraft upgrade services from the U.S. through a potential $1.45 billion contract, Reuters reported Saturday. Reuters cites a defense ministry official that says 82 Greek fighter jets will undergo refurbishment within the country and three units will u...
