Rocket Lab will design, produce and deliver 18 satellites to a U.S. government agency under a contract valued at approximately $515 million, SpaceNews reported Saturday. The company disclosed the contract in a Dec. 21 regulatory filing with the Securities and Exchange Commission and sources say the government customer is likely the Space Development...
Jeff Bezos-owned space company Blue Origin and private equity firm Cerberus have made bids for United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), The Wall Street Journal reported Thursday. Some people familiar with the matter said ULA has also drawn interest from aerospace and defense contractor Textron (NY...
The U.S. Navy has awarded Bechtel Plant Machinery Inc. a pair of cost-plus-fixed-fee contracts worth $889 million in total for naval nuclear propulsion components. The first contract is worth $706 million while the second is valued at $183 million, with both having an expected completion date of September 2033, the Department of Defense said Thursda...
Pragyansmita Nayak, chief data scientist at Hitachi Vantara Federal, said federal agencies should learn how to navigate the repository of artificial intelligence use cases as they work on strategies to incorporate AI into their workflows and align such strategies with their specific requirements. In an opinion piece published Thursday in Federal Tim...
AAR Corp. (NYSE: AIR) will acquire Triumph Product Support from Triumph Group (NYSE: TGI) for $725 million in cash in an effort to scale its repair capabilities and expand its customer base and global footprint. Wood Dale, Illinois-based aerospace and defense aftermarket provider said Thursday Triumph Product Support services critical aircraft compo...
Raul Fernandez, a board member at DXC Technology (NYSE: DXC) since 2020, has assumed the role of interim president and CEO of the Ashburn, Virginia-based technology services company. He succeeds Mike Salvino, who will also step down as chairman of the board and serve in an advisory role through the end of March to facilitate...
An RTX subsidiary (NYSE: RTX) has received a $407.6 million modification to a task order for the development of the Hypersonic Attack Cruise Missile in support of the Southern Cross Integrated Flight Research Experiment. In September 2022, a Raytheon and Northrop Grumman (NYSE: NOC) team secured a $985.3 million task order to bui...
BAE Systems has received a potential five-year, $183 million contract from the National Geospatial-Intelligence Agency for GEOINT modeling support services. The company will develop, integrate and provide sustainment support for analytic modeling capabilities under the indefinite-delivery/indefinite-quantity contract, NGA said Wednesday. The IDIQ co...
DCS will officially merge with its Beavercreek, Ohio-based defense subsidiary Infoscitex on Jan. 1 and the move is intended to continue building on program support offerings for aerospace and defense customers, Dayton Business Journal reported Tuesday. IST was acquired by DCS in 2012 and since then, has been operating as the latter’s wholly-ow...
Core Government Services has won a potential five-year, $610 million contract from the U.S. Army for mission support services for the military branch’s training support center. Army Contracting Command is the contracting activity and received 16 offers for the firm-fixed-price contract, the Department of Defense said Wednesday. The service will de...
