Boeing (NYSE: BA) has received a potential five-year, $91.7M contract to deliver training systems for aircrew and maintenance personnel of the U.S. Navy‘s and U.S. Air Force‘s F/A-18E/F and EA-18G planes. The company will also update training equipment for both aircraft platforms in an effort to interoperability with the F...
President Donald Trump is expected this week to order the creation of a new combatant command that would focus on space, CNN reported Monday. Vice President Mike Pence is set to visit Tuesday the Kennedy Space Center in Florida and the Pentagon this week to talk about the administration™s plan for a new space force....
The Carlyle Group (Nasdaq: CG) is close to finalizing a deal worth more than $5B to buy StandardAero from Veritas Capital, Reuters reported Tuesday. Scottsdale, Ariz.-based StandardAero offers aviation maintenance, repair and overhaul support services to clients in military, general aviation and commercial sectors. Sources told Reuters the...
Consulting firm McAleese & Associates has released a report on Deputy Defense Secretary Patrick Shanahan™s speech at a National Defense Industrial Association-sponsored briefing on hypersonics. Shanahan said Thursday at the NDIA event that hypersonic technologies need to be operationalized. œThis is about industrial...
TYSONS CORNER, VA, December 17, 2018 ” Kratos Defense and Security Solutions (Nasdaq: KTOS) and its partner Space Vector will collaborate in an effort to design and develop a suborbital launch vehicle for the U.S. Air Force, ExecutiveBiz reported Friday. The collaboration serves to fulfill work awarded to the Space Vector-led team und...
Italy-based conglomerate Leonardo has moved to combine three divisions into a new electronics division as part of growth efforts in the defense and security technology market. Leonardo said Thursday the new business will consolidate the firm’s land and naval defence electronics, airborne and space systems and defense systems businesses. The co...
OSI Systems‘ (Nasdaq: OSIS) Spacelabs Healthcare subsidiary has won a potential 10-year, $450M contract to provide patient monitoring systems, accessories and training services to U.S. military branches and federal civilian agencies. The Defense Logistics Agency awarded the indefinite-delivery/indefinite-quantity contract that c...
TYSONS CORNER, VA, December 14, 2018 ” ManTech International (Nasdaq: MANT) has received a potential $35M task order from the U.S. Marine Corps for research and development work focused on emerging technologies such as artificial intelligence, cyber, electronic warfare and machine learning, ExecutiveBiz reported Nov. 29. The company said Nov. 2...
TYSONS CORNER, VA, December 14, 2018 ” Northrop Grumman (NYSE: NOC) has nearly doubled the capacity at a facility in Arizona that houses the production of its Bushmaster medium-caliber cannons for military customers, as part of an expansion in the company’s innovation systems sector, ExecutiveBiz reported Thursday. The 36K-square-foo...
TYSONS CORNER, VA, December 14, 2018 ” Peraton has become a member of a Washington-based trade association that aims to drive the use of commercial satellite technology in national security and other missions, ExecutiveBiz reported Thursday. Satellite Industry Association President Tom Stroup said Wednesday Peraton brings to the organ...
