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Curtiss-Wright (NYSE: CW) has agreed to buy Siemens™ Dresser-Rand government business through a $212.5 million cash transaction. Curtiss-Wright said Tuesday it will operate Dresser-Rand as part of its power segment and expects to close the acquisition in April, subject to regulatory approval and other customary closing conditions. “T...
The State Department has approved the Dutch government™s request to procure from the U.S. government equipment and services to support upgrades to AH-64D Block II Apache attack helicopters under a potential $1.2 billion foreign military sales agreement. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal con...
Japan plans to purchase over 20 additional Lockheed Martin-built (NYSE: LMT) F-35A fighter jets from the U.S. in the next six years, Reuters reported Tuesday. Sources said the East Asian country may directly procure F-35A conventional takeoff and landing variant from the U.S. for approximately $100 million each through a transaction that could ...
TYSONS CORNER, VA, Feb. 20, 2018 ” Boeing‘s (NYSE: BA) investment arm and partner WestRiver Group have led the Series B funding round for digital educational program provider Singularity University, ExecutiveBiz reported Friday. The company said Thursday its HorizonX Ventures unit’s investment aims to facilitate custo...
TYSONS CORNER, VA, Feb. 20, 2018 ” Mitre has named five people from industry, academia and the public sector as fellows to help the nonprofit organization address challenges in the areas of national defense, cybersecurity and health, GovCon Executive reported Friday. The Visiting Fellows Program now includes Ashton Carter, board member of ...
TYSONS CORNER, VA, Feb. 20, 2018 ” A General Atomics business unit has provided its Lithium-ion Fault Tolerant battery technology to power the Dry Combat Submersible platform that Lockheed Martin (NYSE: LMT) is building for the U.S. Special Operations Command, ExecutiveBiz reported Friday. Lockheed awarded a contract to...
TYSONS CORNER, VA, Feb. 20, 2018 ” Raytheon (NYSE: RTN) executive Michael Daly has said collaboration between state government, election and cybersecurity officials will help build on the security of U.S. voting systems in preparation for the upcoming midterm elections, ExecutiveBiz reported Friday. He said in a company feature published Wednes...
General Dynamics˜ (NYSE: GD) Electric Boat subsidiary has secured a potential $137.9 million contract to support a U.S. Navy research and development program aimed at formulating submarine concepts. Electric Boat will provide engineering and technical design services to the Navy and a foreign military sales customer under the cost-plu...
A subsidiary of Vectrus (NYSE: VEC) has won a potential five-year, $108 million contract to help manage U.S. Army dining facilities in Kuwait. Vectrus Systems will provide equipment, personnel, supplies, tools, materials and transportation services under the Kuwait Dining Facilities 3.0 contract, the company said Tuesday. Ch...
Knight Point Systems will continue to provide communication infrastructure services to the Defense Information Systems Agency under a potential 10-year, $902 million contract. The Communications Capacity Services II contract covers the provision of routers, monitoring equipment, appliances, switches, monitoring and reporting software and s...
