Raytheon (NYSE: RTN) has booked a pair of contracts worth up to $600M combined to develop artificial intelligence, data automation and analytic technologies for the National Geospatial Intelligence Agency. The company said Wednesday it will lead efforts to manage elevation content and precise imagery through the NGA’s Janus initiativ...
A General Atomics business unit has secured a potential three-year, $263.4M contract to produce MQ-9 Reaper unmanned aerial vehicles for the U.S. Air Force. General Atomics Aeronautical Systems Inc. will build the UAVs in accordance with fiscal 2018 production configuration requirements, the Defense Department said Monday. The Air For...
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...
