The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department of Defense’s spending and as DoD sets its sights on hypersonic missiles, space systems and other new priorities, The Wall Street Journal reported Wednesday....
The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary a three-year, $542M contract modification to begin low-rate initial production of VH-92A presidential transport helicopters. Sikorsky will build six lot 1 LRIP units and provide interim support, spare parts, support equipment and replenishment services under...
Lockheed Martin (NYSE: LMT) and the Department of Defense have reached a “handshake agreement” for the company to build 157 low rate initial production lot 12 F-35 fighter aircraft with options for LRIP lots 13 and 14....
Dell EMC has received a $74.4M contract to perform support work on a system designed to help the U.S. Air Force process and analyze instrumentation test data. The company will also train USAF personnel on how to operate and troubleshoot instrumentation, loading, integration, analysis and decommutation system, or ILIAD, the Department of Defense...
A joint venture of Trumbull and Brayman Construction has received an $89M contract modification from the U.S. Army Corps of Engineers to complete the construction of the Charleroi Locks and Dam's river chamber. The JV will carry out the construction project in Monessen, Pa., and is expected to finish contract work by Sept. 25, 2023, the Dep...
The U.S. Army Corps of Engineers selected nine companies to compete for architectural and engineering orders under a potential seven-year, $96M contract. USACE received 45 bids for the firm-fixed-price contract through an online solicitation process, the Department of Defense said Tuesday....
L3 Technologies (NYSE: LLL) has won a potential $499.6M contract to update the avionics system of C-130H airlifters operated by Air National Guard and Air Force Reserve Command. USAF received six offers for the fixed-price-incentive-firm contract covering production, training and logistics support work on 176 C-130Hs, the Department of Defense ...
HDT Global's expeditionary systems business won a potential four-year, $200M contract with the Defense Logistics Agency to provide shelters and tents to four military branches. The contract has a one-year base period that runs through June 4, 2020, and three option years, the Department of Defense said Monday....
U.S. Transportation Command has selected 11 firms to provide multimodal transportation services under a potential two-year, $126.1M contract. The Multimodal-3 indefinite-delivery/indefinite-quantity contract covers global support for Transcom's Surface Deployment and Distribution Command, the Department of Defense said Friday....
United Technologies Corp.'s Pratt and Whitney has secured a $3.24B contract modification to produce 233 propulsion systems for the F-35 program. Pratt and Whitney will provide 56 F135 propulsion systems to the U.S. Air Force, 10 to the Navy, 24 to the U.S. Marine Corps and 143 to non-defense and foreign military sales customers, the Departmen...
