Frederick “Trey” Coleman, a retired U.S. Air Force colonel, has been appointed chief product officer at government technology company Raft. In this newly created role, Coleman will oversee Raft’s product portfolio, corporate offerings strategy and innovation-related initiatives in support of government customers, the company said Wednesday. ...
RTX (NYSE: RTX) has secured a $344.6 million contract modification from the U.S. Air Force to produce guided, gliding precision munition with multimode seeker technology for domestic and international military customers. The modification covers the lot 10 production of StormBreaker, additional all up rounds, containers and trainers for the Air Force...
The Defense Finance and Accounting Service made a modification to Ernst & Young’s potential $200 million work to provide audit services and financial statement preparation to the Department of the Air Force. Under the contract modification, the project, which is expected to be completed by the end of 2024, has a base performance period of...
Strategic Alliance Business Group has booked a $114.5 million task order from the U.S. Air Force for advisory and assistance services in support of the Chief Operations Office of the Space Force. SABG will provide the Chief of Space Operations with technical, operational support, advisory and assistance services for its planning, coordinating and ex...
An RTX subsidiary (NYSE: RTX) has received a $407.6 million modification to a task order for the development of the Hypersonic Attack Cruise Missile in support of the Southern Cross Integrated Flight Research Experiment. In September 2022, a Raytheon and Northrop Grumman (NYSE: NOC) team secured a $985.3 million task order to bui...
Northrop Grumman (NYSE: NOC) has received an approximately $121.5 million performance-based-logistics requirements contract from the Defense Logistics Agency for B-1 Bomber AN/APQ-164 offensive radar low observable antennas. Requirements will be delivered to the U.S. Air Force through Dec. 31, 2028, the Department of Defense said Wednesday. The firm...
The Chugach Logistics and Facilities Services joint venture has won a civil engineering base operation support contract from the U.S. Air Force worth $249 million. Under the firm-fixed-price, time-and-materials contract, the company will support the MacDill Air Force Base by providing services and items that would otherwise come from a civil enginee...
The State Department has approved a potential $400 million foreign military sale of high mobility artillery rocket system launchers and related equipment to the government of Italy. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed FMS deal that includes the provision of 21 M142 HIMARS launchers and one M31A2 high-ex...
The Federal Trade Commission and the Department of Justice have released final guidelines outlining the frameworks and factors the agencies use in assessing mergers and acquisitions. FTC said Monday it voted unanimously to approve the 2023 Merger Guidelines, which reflect advances in law and economics, the experiences of market participants and feed...
The U.S. arm of professional services provider Serco has secured a potential $84 million contract from the U.S. Air Force for organizational planning, program management and technical consulting support to the Ninth Air Force (Air Forces Central) and its air combat missions in Southwest Asia. Serco Inc. said Thursday it will assist 9AF AFCENT person...
