The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapi...
Three small businesses have been awarded spots on a potential five-year contract to support analysis and test engineering work on the U.S. Navy™s command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance systems. Contractors will vie for task orders to research, develop and test C5ISR platforms as well as...
Boeing (NYSE: BA) has won a potential 16-year, $9.2B contract to build up to 475 T-X trainer aircraft and 120 ground-based training platforms for the U.S. Air Force. œToday™s announcement is the culmination of years of unwavering focus by the Boeing and Saab team, Leanne Caret, president and CEO of Boeing™s defense, space and sec...
Raytheon (NYSE: RTN) has received a potential six-year, $482.3M contract to update MK 15 Close-in Weapon Systems for the U.S. Navy and the U.S. Army as well as the governments of Taiwan, Saudi Arabia, Japan, New Zealand and Australia. The company will also overhaul systems and provide hardware for the CIWS platform used to defend against&n...
Jacobs Engineering Group (NYSE: JEC) has promoted Terry Hagen and Bob Pragada to chief operating officers in a string of leadership changes that will take effect on Oct. 1. The executive moves seek to support the company™s leadership and growth initiatives in the professional services sector, Jacobs said Wednesday. Hagen, a three-decade Ja...
Charles Davis, former acting president of L3 Technologies™ (NYSE: LLL) reconnaissance mission systems business, has been appointed senior vice president of the company’s international subsidiary. He will work with Stephen O™Bryan, corporate SVP and chief global business development officer, to manage global customer outreac...
Sasa Eric, a senior manager at Deloitte Digital, has said there are three factors agencies should consider as they transform operations through cloud adoption and one is the opportunity that cloud offers when it comes to enhancing user experience. Eric wrote that agencies should consider adopting a mix of cloud platforms to meet their requirements...
L3 Technologies (NYSE: LLL) has purchased unmanned surface vessel developer ASV Global for an undisclosed sum in a move to expand its autonomous maritime capabilities. The acquired company will operate as L3 ASV and will help L3 broaden its range of offerings such as integrated unmanned undersea and surface vessels, autonomous off-board se...
Robert Mullins, a 20-year aerospace and defense industry veteran, has been named senior vice president for corporate strategy and business development at Lockheed Martin (NYSE: LMT) in a move that takes effect Oct. 8. He will serve as a corporate officer and succeed Stephanie Hill, who will transition to the role of deputy executive...
The State Department has issued a solicitation for a potential 10-year, $3.3B recompete contract to provide support services for the bureau of consular affairs, Bloomberg Government reported Wednesday. The Global Support Strategy 2 contract covers offsite biometric collection, appointment scheduling, document delivery, consular fee collection, crowd...
