General Dynamics‘ (NYSE: GD) mission systems business has won a potential five-year, $275.6 million contract from the U.S. Navy for the design, development and testing of a maritime mine deployment system. The company will deliver a prototype of the Hammerhead system meant to detect and engage anti-submarine warfare targets, the Department of ...
A Fluor (NYSE: FLR) subsidiary has received a $1.16 billion award from the U.S. Navy to extend propulsion work at the Naval Nuclear Laboratory through fiscal year 2022. The military service exercised a cost-plus-fixed-fee option on its contract with Fluor Marine Propulsion, the Department of Defense said Thursday. FMP initially won a potential $13.0...
General Electric‘s (NYSE: GE) aviation subsidiary has secured a nearly $284 million contract with the Defense Logistics Agency to provide helicopter engine supplies to the U.S. Army, Navy and Air Force. The T-700 firm-fixed-price, requirements-type contract has a base performance period of five years and three months, ending on Dec. 31, 2026, ...
Parsons has won a $145 million contract from the U.S. Army Corps of Engineers to provide design-build services to a waste treatment facility construction project at Radford Army Ammunition Plant in Virginia. The company said Thursday it will support technical engineering, permitting and environmental compliance work on the Energetic Waste Incinerato...
Brian Drzewiecki, a finance professional with more than two decades of industry experience, has joined Research Innovations Inc. as chief operating officer and chief financial officer. He will oversee RII’s overall business activity that covers its financial and operational planning functions, the company said Thursday. His career includes exe...
Boeing (NYSE: BA) will update as many as five Chinook heavy-lift military cargo helicopters for the U.S. Army under a $391.4 million contract. The military service intends to procure CH-47F renew aircraft through the fixed-price-incentive contract and expects the planemaker to complete work on Sept. 30, 2025, the Department of Defense said Thursday....
Spirit AeroSystems (NYSE: SPR) has reorganized its operations into three business divisions – defense and space, commercial and aftermarket – and announced leadership appointments as part of efforts to diversify and focus on key growth markets. Duane Hawkins will continue to oversee the defense and space division as president and has been na...
CTFV Acquisition, a portfolio company of Veritas Capital-backed Vantage Fund, has completed its purchase of Peraton’s SES business. The SES business is focused on providing systems engineering, integration and support services and will now be led by Damian DiPippa, most recently president of Peraton’s systems engineering sector, as an independen...
Raytheon Technologies (NYSE: RTX) has been awarded a potential $1.28 billion contract by Naval Sea Systems Command to provide full-rate production services to the Evolved Seasparrow Missile Block 2 program, a collaboration between the U.S. and several other NATO member countries. The firm-fixed-price contract has a $358 million initial value and cov...
Amy Hopkins, a veteran of the defense and intelligence sectors, has joined Capella Space to serve as vice president and general manager of the satellite company’s U.S. government services business. She will be responsible for leading and growing Capella’s synthetic aperture radar mission applications in the federal market, the company sa...
