The State Department has approved a potential $270 million foreign military sales deal covering sustainment equipment and services for Greece’s F-16 fighter aircraft fleet. L3Harris Technologies (NYSE: LHX), Lockheed Martin (NYSE: LMT), Raytheon Technologies (NYSE: RTX), Collins Aerospace, Northrop Grumman (NYSE: NOC) and Atec are the principa...
U.S. Space Command leaders have emphasized the importance of intelligence data, commercial technology and workforce diversity in its mission to help other combatant commands protect the country’s space assets from adversarial threats. Sean Kirkpatrick, deputy director of intelligence at SPACECOM, said the U.S. must leverage space technology be...
TYSONS CORNER, VA, July 30, 2021 — Comcast‘s (Nasdaq: CMCSA) government services arm will provide the Defense Information Systems Agency with Ethernet-based services for Commercial Ethernet Gateway’s regions four and five under two recently awarded contracts worth $155.8 million in combined value, ExecutiveBiz reported July 20. The mod...
Data center colocation services provider Cyxtera Technologies will start trading Friday on Nasdaq after it completed its merger with blank check company Starboard Value Acquisition Corp. (Nasdaq: SVAC). Both parties first announced the $3.4 billion merger deal in February and Cyxtera said Thursday SVAC’s stockholders approved the combination durin...
The U.S. Air Force has awarded Astronautics Corporation of America subsidiary Kearfott an $82.12 million sole-source contract to repair navigation systems on B-2 Spirit heavy strategic bombers. The defense equipment manufacturer will work on the B-52 inertial measurement unit and attitude motion sensor set at its facility in Pine Brook, New Jersey, ...
Artificial intelligence technology company Shield AI has agreed to purchase Plano, Texas-based unmanned aircraft system maker Martin UAV in a strategy to integrate autonomy software into the latter’s vertical takeoff-and-landing platform for air defense applications. The two companies said Wednesday that Shield AI plans to combine its Hivemind...
Kevin Plexico, senior vice president of Information Solutions with Deltek, published his latest article as a part of Executive Mosaic’s GovCon Expert program on Thursday. 2021 Wash100 Award recipient and GovCon Expert Kevin Plexico used his first article for the program to shine a light on the major improvements that government contractors and the...
Anduril Industries has secured a potential five-year, $99 million production other transaction agreement from the Defense Innovation Unit to make its counter-unmanned aircraft systems available for purchase by service branches. The P-OT agreement allows the U.S. Army, U.S. Air Force, U.S. Navy and the U.S. Marine Corps to buy and sustain AndurilR...
TYSONS CORNER, VA, July 27, 2021 — KBR (NYSE: KBR) will provide engineering support for aircraft pilot training and electronic systems at the U.S. Navy under two recompeted task orders worth more than $120 million combined, ExecutiveBiz reported July 19. “These recompetes speak to KBR’s commitment and capability to prepare and protect ...
TYSONS CORNER, VA, July 27, 2021 — Vectrus (NYSE: VEC) will provide military installation support services to the U.S. Air Force under a pair of task orders worth $40 million combined, ExecutiveBiz reported July 16. Chuck Prow, president and CEO Vectrus and a 2021 Wash100 Award recipient, said the recent awards under the Air Force...
