Mercury Systems (Nasdaq: MRCY) has agreed to acquire Avalex Technologies for an undisclosed sum to expand its display offerings and mission processing capabilities and scale its avionics and mission systems business. Andover, Massachusetts-based Mercury said Monday it aims to complete the acquisition in the second quarter of its 2022 fiscal year. Av...
L3Harris Technologies (NYSE: LHX), Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace business and Thales have been awarded $345.2 million in delivery orders to commence the full-rate production of tactical radio systems for the U.S. Army. The Army said Friday the orders fall under a pair of multiple-award indefinite-delivery/indefinite-quan...
The U.S. Space Force’s Space Systems Command has awarded prototype agreements worth $87.5 million combined to four companies to advance testing of next-generation rocket engines and improve the resiliency of upper stages, SpaceRef reported Friday. The command’s Launch Enterprise awarded the prototype projects to SpaceX, United Launch Alliance, R...
The House on Thursday voted 316-113 to pass a $777.9 billion defense policy bill that would increase service members’ salary by 2.7 percent and fund 13 additional combat ships, The Wall Street Journal reported. The proposed National Defense Authorization Act for fiscal year 2022 reflects a 5 percent increase, or approximately $37.5 billion, in def...
TYSONS CORNER, VA, Sept. 23, 2021 — Concurrent Technologies Corp. was tapped by the Air Force Research Laboratory for a prototyping effort focused on the design and development of an electric flightline generator for fifth-generation fighter jets and previous variants, ExecutiveBiz reported Sept. 3. The U.S. Air Force seeks to replace generators t...
In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Glenn Hickok, president of Noblis‘ new subsidiary, about the establishment of Noblis MSD following its acquisition of McKean Defense Group, his initial growth strategy and future plans for the company and the launch of “Run with Noblis Solutions” and the chal...
Shareholders at U.K.-based aerospace company Meggitt voted to approve the acquisition offer from Parker Hannifin (NYSE: PH), a Cleveland-based provider of motion and control technologies for the aerospace and industrial markets. The transaction is expected to be completed in the third quarter of calendar year 2022, subject to regulatory clearances, ...
BAE Systems’ U.S. arm, Science Applications International Corp. (NYSE: SAIC) and By Light Professional IT Services have formed a team to compete for an architecture, engineering and integration contract in support of the U.S. Air Force’s Mission Partner Environment modernization program. MPE is an operational framework that delivers command and ...
Arete Associates, a Northridge, California-based defense company, has secured a potential seven-year, $92.9 million indefinite-delivery/indefinite-quantity requirements contract from the U.S. Navy for engineering services in support of the initial increment of a coastal battlefield reconnaissance and analysis technology. Aside from AN/DVS-1 COBRA Bl...
Potomac Officers Club (POC) hosted its Fall 2021 5G Summit to bring together some of the most influential executives from the federal government and industry to explore the impact that 5G integration has on the private and public sectors, as well as future programs, plans and priorities as the nation aligns with emerging technology. Jay...
