Raytheon, an RTX business, has been awarded a $5.04 billion cost-plus-fixed-fee contract by the U.S. Army to supply components for the Coyote Missile System. Coyote Missile System Contract Scope The Department of Defense said Monday, under the agreement, Raytheon will deliver both fixed and mobile Coyote missile launchers, along with kinet...
By Payam Pourkhomami, President & CEO of OSIbeyond The clock is ticking for defense industrial base contractors because the Department of Defense begins enforcing Cybersecurity Maturity Model Certification requirements across new solicitations and contracts on November 10. For the estimated 80,000 contractors handling controlled unclassified inf...
Sikorsky, a Lockheed Martin company, has secured a $10.86 billion contract from the U.S. Navy to produce up to 99 CH-53K King Stallion heavy-lift helicopters for the Marine Corps over the next five years. The contract marks the largest quantity order ever received for the aircraft, the company said Friday. Deliveries are scheduled between 2029...
Intelligence professionals have never before had such a bounty of raw data at their fingertips. But they are struggling to manage and leverage such information provided in voluminous amounts by modern ubiquitous sensor technologies. This is a tipping point for the U.S. intelligence community, according to a leading intelligence executive. Glori...
AV has appointed Johnathan Jones, a defense executive, as senior vice president of cyber and mission solutions, or CMS. The defense technology company rebranded from AeroVironment to AV following its acquisition of defense technology firm BlueHalo in May. AV said Thursday Jones will oversee the strategic direction and operations of CMS to strengthen...
The Department of State has approved the request of the German government to purchase 400 units of the AIM-120D-3 Advanced Medium Range Air-to-Air Missile, or AMRAAM, for an estimated cost of $1.23 billion. The Defense Security Cooperation Agency named RTX as the principal contractor of the potential foreign military sale. FMS, including challenges ...
SAP National Security Services has received a $1 billion firm-fixed-price contract from the U.S. Army for an end-user license agreement covering the RISE with SAP portfolio. SAP NS2’s Army Contract Details The Department of Defense said Thursday the Newtown Square, Pennsylvania-based company is expected to complete the project on Sept. 14...
General Dynamics Information Technology has secured a $1.5 billion contract to modernize enterprise IT systems for U.S. Strategic Command. The award, made in May and structured with a one-year base period and six option years, is intended to strengthen the command’s operational readiness, General Dynamics said Thursday. Enhancing Strategic Det...
Grays Peak Capital has launched a $500 million private credit vehicle designed to provide strategic capital for government and defense contractors in North America. The New York-based global investment firm said Wednesday its second fund, Grays Peak Private Credit II, has received initial commitments from strategic asset managers groups and Fund I i...
Vitesse Systems, backed by private equity firm Trive Capital, has completed the acquisition of Spacetime Engineering, a specialist in ground antenna technology for military and commercial satellite networks. Trive Capital said Wednesday the move positions Vitesse as a leading provider of multi-band antenna solutions, which are vital f...
