ERAPSCO, a joint venture between Ultra Electronics and Sparton (NYSE: SPA), has been awarded $64.6 million in contract funds to continue manufacturing sonobuoys for the U.S. Navy. The Ultra Electronics USSI and Sparton De Leon Springs businesses will respectively receive $29.3 million and $35.3 million subcontracts as part o...
Cleveland-based aerospace components maker TransDigm Group (NYSE: TDG) has purchased Takata Corp.™s aerospace and defense businesses as well as related assets and liabilities for approximately $90 million cash. TransDigm said Wednesday the transaction covers Takata™s Schroth Safety Products and Takata Protection Systems...
The U.S. Navy has awarded five companies positions on a five-year, $42.6 million indefinite-delivery/indefinite-quantity contract to provide support services to the military branch’s chief of information headquarters and its field activities. The Defense Department said Thursday task orders will cover visual information systems ...
The U.S. Navy has selected four companies to supply a range of information communication technology equipment under low-, medium- and high-risk categories. The Defense Department said Thursday Cypher Analytics and CyberCore Technologies each won a potential $47.5 million contract and that both companies can vie for delivery order...
Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumber...
TYSONS CORNER, VA, Feb. 23, 2017 ” Boeing (NYSE: BA) will provide C-17 Globemaster III logistics and training simulator maintenance services to the United Arab Emirates government under an $18.7 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract covers support for motion-based devices that the UAE...
TYSONS CORNER, VA, Feb. 23, 2017 ” CAE (NYSE: CAE) has received authorization to connect its aircrew flight trainer for the KC-135 Stratotanker with other platforms in the U.S. Air Force‘s Distributed Training Center Network, ExecutiveBiz reported Wednesday. The company said Tuesday the authority to operate for the KC-...
TYSONS CORNER, VA, Feb. 23, 2017 ” Lockheed Martin (NYSE: LMT) has completed the first flight test of its second production-ready T-50A trainer aircraft at the company’s final assembly and checkout facility in South Carolina, ExecutiveBiz reported Wednesday. The company said Monday it aims to offer the T-50A in the U.S. Air...
TYSONS CORNER, VA, Feb. 23, 2017 ” Science Applications International Corp. (NYSE: SAIC) has unveiled an amphibious combat vehicle prototype that the company developed for the U.S. Marine Corps as a ship-to-shore transport for warfighters, ExecutiveBiz reported Wednesday. The company said Tuesday the rollout of the ACV 1.1 protot...
The U.S. Air Force has awarded 12 companies spots on a pair of contracts worth up to $925 million combined over 10 years for lifecycle support and analysis of cryptographic and information assurance platforms. Seven firms will vie for materiel solutions analysis, technology maturation and risk reduction, engineering and...
