The U.S. Navy has awarded a $130.4M contract modification to Lockheed Martin‘s (NYSE: LMT) aerospace business for decomposition and design efforts in preparation for F-35 Block 4 modernization. The company will work to help the aircraft meet weapon and air system requirements corresponding to Block 4.1 standard, the Defense Department sai...
TYSONS CORNER, VA, November 2, 2018 ” Northrop Grumman (NYSE: NOC) is planning to join a rapid prototyping challenge to be hosted by the U.S. Cyber Command-backed DreamPort cyber facility early this month following its win in the previous event in September, ExecutiveBiz reported Oct. 5. The company said Oct. 4 a team of Northrop cybersecu...
Parsons has merged into a single structure its infrastructure and federal business units to align the company™s end-to-end platforms with its client set and create joint research-and-development initiatives. Chuck Harrington, Parsons chairman and CEO, said in a statement released Thursday said the company aims to increase organizational agility...
TYSONS CORNER, VA, November 1, 2018 ” SAP National Security Services has partnered with Drone Aviation to integrate a drone-based video capture application into the former’s intelligence, surveillance and reconnaissance technologies, ExecutiveBiz reported Wednesday. Drone Aviation said Tuesday SAP NS2’s on-premise and clou...
Perspecta (NYSE: PRSP) has received a potential five-year, $564M task order to continue to provide integration and maintenance services for the Defense Department™s mission-critical software and hardware worldwide. The company said Tuesday the task order awarded by the General Services Administration™s Federal Acquisition Service covers su...
Five companies have landed spots on a potential 10-year, $473M contract vehicle to provide personnel and management support to the U.S. Air Force˜s precision measurement equipment laboratories. The Enterprise Contracted PMEL Services II contract will include the provision of materials, tools and other items necessary for pro...
A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector™s $1.3B Patriot missile defense system order from P...
IBM (NYSE: IBM) has agreed to acquire Red Hat (NYSE: RHT) for approximately $34B in a move both companies expect to create a global hybrid cloud provider. IBM said Sunday it will pay $190 in cash for each share of Red Hat under the deal that is expected to conclude in the latter half of next...
Boeing (NYSE: BA) has received a potential four-year, $131.6M undefinitized contract to support sensor systems used by the U.S. Navy‘s F/A-18E/F Super Hornet combat jets. The delivery order comes after a previously awarded basic ordering agreement and tasks Boeing to procure and update weapon replaceable assemblies to suppo...
Textron (NYSE: TXT) is acquiring Waterboro, Maine-based robotic ground vehicle manufacturer Howe & Howe Technologies for an undisclosed sum in a move to expand autonomous technology offerings across land, sea and air domains. The industrial conglomerate said Thursday Howe & Howe’s vehicles and applications will complemen...
