TYSONS CORNER, VA, Dec. 22, 2017 ” BAE Systems and its partners Hobson Industries and Penman MW Engineering will deliver post-design services in support of the U.K. army’s Pinzgauer, Land Rover and Light Trailer ground vehicles under an estimated $16 million contract, ExecutiveBiz reported Thursday. The industry team will work t...
TYSONS CORNER, VA, Dec. 22, 2017 ” Boeing (NYSE: BA) has pledged a new $300 million investment in several initiatives for workforce development and charitable programs related to veterans, military personnel, education and local communities, GovCon Executive reported Thursday. The company said Wednesday the move aims to facilitate innovati...
Mercury Systems (Nasdaq: MRCY) has agreed to purchase Themis Computer for approximately $180 million in cash in a move to expand its presence in the command, control, communications, computers and intelligence market. Andover, Massachusetts-based Mercury said Thursday it expects to complete the transaction in the third quarter of its fisca...
Jim Simpson, a 35-year veteran of Boeing (NYSE: BA), has been named CEO of communications satellite operator ABS. ABS said Thursday Simpson will lead the company’s management team in efforts to create value for shareholders and strengthen business relationships with customers and vendors. “I look forward to leading ou...
Lockheed Martin (NYSE: LMT) has secured a potential five-year, $7 billion indefinite-delivery/indefinite-quantity contract to help sustain the U.S. Air Force‘s fleet of F-22 air vehicles. The Defense Department said Thursday Lockheed’s aeronautics business unit will perform work at various locations within and outside the continenta...
Lockheed Martin (NYSE: LMT) has received a $944 million contract to produce and deliver updated Patiot missile defense systems to the U.S. Army, Romania and other foreign military sales clients. The company said Thursday it will supply Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement interceptors along with launcher modif...
Six companies have won spots on a potential $200 million contract from the U.S. Navy to provide “tagging, tracking and locating” electronic equipment to military joint commands. Contractors will vie for task orders to acquire, field and perform logistics support for TTL equipment designed with airborne and maritime trackin...
Boeing (NYSE: BA) and aerospace conglomerate Embraer are in talks over a œpossible combination. Brazil-based Embraer said Thursday any deal that would emerge from the discussions would need to be approved by Embraer shareholders, both firms™ boards of directors, the Brazilian government and other regulatory authorities. Embraer added there...
ViaSat (Nasdaq: VSAT) has received a potential $350 million contract to deliver mission networking sustainment services to the U.S. Special Operations Command‘s procurement division. The Carlsbad, California-based communications firm will primarily carry out work at a ViaSat and USSOCOM facilities through December 2022, the...
General Dynamics (NYSE: GD) has received a potential three-year, $2.63 billion contract to modernize the U.S. Army‘s M1A1 Abrams tanks. The Defense Department said Thursday that General Dynamics’ land systems business will convert 786 M1A1 configured vehicles to the new M1A2 System Enhancement Package Versio...
