The U.S. Navy has awarded Boeing (NYSE: BA), AAR Corp.‘s (NYSE: AIR) aircraft services business and StandardAero contracts worth up to $268.7 million combined to support maintenance and repair of the service branch’s P-8A Poseidon maritime patrol aircraft. All three contractors can vie for individual task or...
The U.S. Air Force has awarded Boeing (NYSE: BA) a two-year, $195 million contract modification to produce additional tail kits for the service branch’s Joint Direct Attack Munitions. The modification will increase the cumulative face value of a previously awarded JDAM tail kit production contract to nearly $927.5 mill...
Ohio-class nuclear submarines are the most survivable leg of the nuclear triad. The other two legs are bombers and intercontinental ballistic missiles. The triad provides the nation with significant deterrent and decisive response capabilities....
Raytheon (NYSE: RTN) has received a $235 million initial task order from the U.S. Army to modernize the Phased Array Tracking Radar Intercept on Target system. The award represents the first of five annual orders the Army would issue annually as part of a potential five-year, $2.3 billion Patriot system-of-systems engineering support contr...
Over 200 industry professionals were attendance on Wednesday as the Potomac Officers Club convened at the Defense Research and Development Summit to discuss the programs that those in the intelligence community know that they cannot talk about without a clearance. Given the rapid pace that technology advances in the private sector, the Department of...
Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), has said he expects the company to gain a controlling share of a potential $8 billion market for surface-to-surface missiles over a decade, Defense News reported Tuesday. Kennedy said Thursday at the company™s earnings call that the proposed Naval Strike Missile is ready to transition to...
TYSONS CORNER, VA, Jan. 30, 2018 ” An affiliate of General Atomics will develop, deliver and sustain software for the Air Force Special Operations Command’s and Air Combat Command’s MQ-9 Reaper unmanned aerial vehicle under a potential $49.3 million task order, ExecutiveBiz reported Monday. The Defense Depar...
TYSONS CORNER, VA, Jan. 30, 2018 ” Lockheed Martin (NYSE: LMT) will provide hardware and services to help advance U.S. Air Force programs for updates to the Global Positioning System control segment under a potential $10.8 million contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the award covers ...
Greg Jones, former vice president of corporate business development and international programs at Orbital ATK (NYSE: OA), has been named senior VP of strategy and business development at Aerojet Rocketdyne (NYSE: AJRD) in a move that takes effect Feb. 5. Aerojet Rocketdyne said Monday Jones will oversee strategic planni...
https://www.youtube.com/watch?v=L_cQrb5P-Jc Commander, Task Force (CTF) 75 showcases local Guam activities and sites for Sailors permanently assigned to units under CTF-75’s operational control at Naval Base Guam. CTF 75 provides expeditionary combat capabilities in the U.S. Navy’s 7th Fleet area of responsibility. CTF 75 is capable of p...
