An AAR‘ (NYSE: AIR) government services subsidiary and Boeing (NYSE: BA) have received contract modifications worth a combined $199 million to respectively maintain P-8A planes and engines for the U.S. Navy, Australia and other unnamed international clients. AAR (NYSE: AIR) Government Services and Boeing (NYSE: BA) will deliver ...
L3Harris Technologies (NYSE: LHX) has secured a pair of orders worth $235 million combined to manufacture two-channel tactical radio systems for the U.S. Army. Both awards mark the second full-rate production orders for the Falcon IV AN/PRC-163 Leader and AN/PRC-158 Manpack radios under the potential 10-year, $16 billion Handheld, Manpack and Small ...
Sierra Nevada Corp. has purchased a portfolio of infrastructure-independent, vertical takeoff and landing aerial drones from Volansi in a strategy to build up SNC’s position in the market for unmanned aerial vehicles. The deal covers Volansi’s Voly-50 and Voly-T offerings, a factory in Bend, Oregon, and key personnel, SNC said Monday. SN...
A Raytheon Technologies (NYSE: RTX) subsidiary has secured a $207 million contract to equip two U.S. Army units with counter-unmanned aerial system radar and effectors. Raytheon Missiles & Defense will provide Ku-band Radio Frequency Sensors and Coyote effectors and additional assets supporting operational deployments and flight tests, the compa...
Booz Allen Hamilton (NYSE: BAH) has started a new business with the goal to help military customers build directed energy and high-energy laser weapon systems. HELworks is using modular architecture to produce size, weight and power-optimized directed energy systems and has three platforms in its portfolio of offerings, Booz Allen said Monday. The n...
Cybersecurity has become the latest frontier in national security with the expansion and proliferation of the digital environment in recent decades. Today, cyber is also an emerging and important component of warfighting, and the U.S. government has placed a high priority on better protecting our critical information, data and cyber assets as the th...
BAE Systems has secured a five-year, $383 million contract to help maintain the U.S. Army’s fleet of infantry fighting vehicles and rocket launcher carriers. The contract covers technical and sustainment support for Bradley IFVs and M993 Multiple Launch Rocket System carriers of the M270 MLRS armored launcher, BAE said Wednesday. Work will occ...
Three companies have secured contract modifications worth up to $5.1 billion combined over a five-year period for sonobuoy production and delivery services to the U.S. Navy. Lockheed Martin (NYSE: LMT), Sparton and Sonobuoy Systems, formerly Ultra USSI, can pursue individual orders through exercised options under an indefinite-delivery/indefinite-qu...
ASGN (NYSE: AGN), the parent organization of ECS Federal, has acquired technical risk management services provider Iron Vine Security in a push to grow ECS’ cybersecurity offerings in the government health market. Thirty-six Iron Vine employees will receive restricted stock unit awards covering about $7 million worth of acquirer shares by Jan....
The U.S. Navy has downselected 14 companies to repair, maintain and modernize non-nuclear amphibious and surface combatant ships in Norfolk, Virginia, as part of two indefinite-delivery/indefinite-quantity multiple award contracts. The first award worth potentially $300.2 million will provide for maintenance services for Navy aircraft landing platfo...
