The Department of Defense has awarded contracts worth $133M combined to 3M (NYSE: MMM), O&M Halyward and Honeywell (NYSE: HON) to increase local production of N95 masks by over 39M in the next three months as part of the Defense Production Act Title 3 COVID-19 project....
IBM (NYSE: IBM) and Fenergo have entered into an original equipment manufacturing agreement to collaborate on offerings that can help clients address the multitude of financial risks they face, IBM announced on Tuesday....
Boeing (NYSE: BA) has announced senior leadership and organizational changes, effective May 1. The company said Tuesday the changes are part of efforts to streamline senior leadership responsibilities, advance cross-company integration, align enterprise services to today’s business conditions and prepare for the post-pandemic industry environment....
AMERGINT Technologies Holdings has agreed to acquire the space-based precision optics business of Raytheon Technologies (NYSE: RTX) for an undisclosed sum. The Danbury, Conn.-based space-based optics business is part of Raytheon Technologies’ Collins Aerospace subsidiary and provides precision electro-optical systems for defense and national secu...
Ten companies have been awarded modifications worth $586M combined under a multiple-award U.S. Army contract supporting the coronavirus-related presidential national emergency declaration. The modification pushes the ceiling value of the original contract to $1.66B, the Department of Defense said Friday....
Huntington Ingalls Industries (NYSE: HII) will perform planning yard services for the U.S. Navy's in-service littoral combat ships under a contract modification worth nearly $108M over two years....
A team of General Electric (NYSE: GE) and Ford (NYSE: G) has been awarded a Defense Production Act contract worth potentially $336M to produce ventilators for the Department of Health and Human Services....
An Akima subsidiary has won a potential $385M contract to provide logistics services for C-21 transport aircraft at multiple U.S. Air Force facilities across the globe. Akima Logistics Services will help the military branch maintain its airlifter platform, apply modifications, manage related programs and support deployments under the indefinit...
Six companies have received a $550M increase to potential value of orders under a multiple-award contract to sustain U.S. Navy littoral combat ships docked at various locations within and outside the continental U.S. This contract action raises the ceiling for five ordering periods on MAC Tier 1 from $250M to $800M, the Department of Defense s...
Seven companies have been awarded contracts worth more than $1.4B combined by the Department of Health and Human Services to supply ventilators to the Strategic National Stockpile....
