Leidos (NYSE: LDOS) has received a potential five-year, $531 million task order to provide operational support to the Air Combat Command’s intelligence, surveillance and reconnaissance program. The company said Monday it will help command personnel mitigate potential threats to ISR operations and conduct analysis, assessment and training effor...
Rolls-Royce has won a potential 17-year, $2.6 billion contract to provide replacement engines for the U.S. Air Force’s fleet of Boeing-built (NYSE: BA) B-52H Stratofortress bombers. The Air Force Life Cycle Management Center received four bids for the indefinite-delivery/indefinite-quantity contract, which has a base period of six years worth appr...
TYSONS CORNER, VA, Sept. 27, 2021 — Kord Technologies, a KBR (NSYE: KBR) subsidiary, has completed a combat shoot-off at Fort Sill in Oklahoma as part of the Directed Energy Maneuver-Short Range Air Defense program, marking progress in its development of a directed energy system for U.S. Army, ExecutiveBiz reported Sept. 9. The demonstration showc...
Viasat (Nasdaq: VSAT) will research how 5G networks could support warfighters on the battlefield under two contracts the Department of Defense awarded through the Information Warfare Research Project. The company said Monday it will examine how 5G connectivity could help improve command and control applications and services and will explore how 5G n...
The Office of Management and Budget has issued a draft federal strategy to help U.S. government agencies implement zero trust principles in their enterprise security architecture in accordance with President Joe Biden’s cybersecurity executive order. OMB said Tuesday the draft Federal Zero Trust Strategy establishes baseline technical and policy r...
DCS will help two U.S. Air Force directorates sustain the branch’s fighter and bomber planes under a potential four-year, $164 million contract. Alexandria, Virginia-based DCS said Thursday it will work with partner companies to support the branch’s Fighters and Advanced Aircraft Directorate and Bombers Directorate across acquisition, fi...
The U.S. Army and a subsidiary of German defense company Rheinmetall have agreed to jointly develop combat vehicle technologies under a cooperative research and development agreement. American Rheinmetall Vehicles will collaborate with the Army Combat Capabilities Development Command’s Armaments Center to conduct R&D work focused on ammuni...
Virgin Orbit and blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA) have agreed to merge that would result in the satellite launch services provider becoming a publicly traded company with an enterprise value of approximately $3.2 billion. The boards of directors of Virgin Orbit and NextGen have cleared the transaction and both parties ...
The U.S. Navy has awarded three multiple-award contracts worth approximately $2.76 billion combined to provide sustainment support for littoral combat ships homeported in Mayport, Florida. BAE Systems’ ship repair business and Fincantieri Marine Systems North America will compete for delivery orders under a potential five-year, $1.3 billion contra...
CAE (NYSE: CAE) has closed its $1.05 billion acquisition of the military training business from L3Harris Technologies (NYSE: LHX) while Renk AG completed its $400 million cash purchase of L3Harris’ combat propulsion systems unit and related assets. The two deals were first announced in March and completed Friday, three days after Christopher K...
