Pratt & Whitney, a Raytheon Technologies (NYSE: RTX) subsidiary, has received a $736.6 million contract modification from the U.S. Navy to provide military service branches and non-Department of Defense organizations with spare parts for the F-35 aircraft propulsion system. The contractor will also deliver F-135 engine modules, support equipment...
Stewart Holmes, a senior vice president at Textron (NYSE: TXT), was selected to join Huntington Ingalls Industries (NYSE: HII) and replace Mitch Waldman, who is retiring from his role as chief of HII’s Washington operations, Defense Daily reported. Walman joined the shipbuilding company in March 2011 and has served as executive VP of governmen...
Redwire will officially launch Friday as a publicly listed space infrastructure company following the completion of its merger with Genesis Park Acquisition (NYSE: GNPK), a blank check company. Redwire will list its common stock and warrants on the New York Stock Exchange under the ticker symbols “RDW” and “RDW WS,” respectively, the compani...
Five companies have landed spots on a $249 million multiple-award contract to support construction projects at the U.S. Navy’s support facility in the British Indian Ocean Territory atoll known as Diego Garcia. Contractors will compete for task orders to renovate offices, replace or repair built-in equipment, work on electrical and mechanical ...
The aviation unit of General Electric (NYSE: GE) has secured a potential five-year, $1.65 billion contract to repair, update or replace engine components for the U.S. Navy’s F/A-18 aircraft fleet. GE Aviation will support 17 F414 turbofan engine parts under the performance-based logistics contract from Naval Supply Systems Command, the Departm...
Thirteen lawmakers have expressed their support for Lockheed Martin‘s (NYSE: LMT) proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD) in their joint letter to Kathleen Hicks, deputy secretary at the Department of Defense, Reuters reported Wednesday. Lockheed first announced its move to acquire the rocket propulsion maker for approximately ...
Red Cat Holdings (Nasdaq: RCAT) has completed its purchase of Utah-based unmanned aircraft system manufacturer Teal Drones in an effort to expand into the military sector and pursue business growth opportunities. Following the closure of the all-stock acquisition deal, Red Cat will add Teal to its enterprise segment that also covers remote inspectio...
An MRM Construction Services and Sundt Construction joint venture, R.C. Construction, Southwest Concrete Paving, and Acme Construction Supply-RHB JV will compete for task orders under the U.S. Army’s airfield paving contract. The Department of Defense said Wednesday the firm-fixed-price contract for paving work is potentially worth $400 millio...
L3Harris Technologies (NYSE: LHX) has received a 10-year, $947.3 million sole source contract from the U.S. Air Force for engineering services in support of an aircraft electronic warfare system initiative. The contractor will provide block and non-block cycle services for the AN/ALQ-172 Countermeasures Program and Air Force Global Strike Command...
Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace business has secured a potential $205.06 million contract from the Defense Information Systems Agency to provide datalink services to air traffic control and government command-and-control operations. The Defense Information Technology Contracting Organization will use fiscal 2022 operations...
