PAE‘s (Nasdaq: PAE) aviation and technical services division will help the U.S. Navy maintain F-5F Tiger II and F-5N Freedom fighter aircraft under a two-year, $98 million contract. The company will perform F-5 F/N fleet maintenance and logistics support work at the organizational, intermediate or depot level for the Naval Air Warfare Center A...
Boeing’s (NYSE: BA) defense, space and security business reported $6.87 billion in sales during the second quarter of 2021, reflecting a 4 percent increase from the prior-year period. The company said Wednesday the BDS segment’s revenue jump for the quarter was driven by a higher volume on KC-46A tanker and P-8A Poseidon maritime patrol aircraft...
CASS Professional Services and Omega Aerial Refueling Services have won positions on a $900.08 million indefinite-delivery/indefinite-quantity contract to support domestic and international defense customers in transferring fuel from a tanker to another aircraft. The two companies will vie for task orders to provide air-to-air refueling support to i...
Pamela Lincoln, a three-decade U.S. military veteran, has joined Systems Planning and Analysis to direct the company’s program development efforts for the Air Force and Space Force. The retired AF major general will lead the development of national security space offerings and explore space and air platforms for potential integration with SPA&...
SAS looks to streamline select operational processes, enhance financial reporting structure, increase focus on segments with growth potentials and begin other preparations for initial public offering by 2024. Jim Goodnight, cofounder and CEO of SAS, said in a statement published Thursday the company’s move toward IPO preparedness is built on i...
General Dynamics (NYSE: GD) posted flat internal revenue of $9.2 billion for the second quarter of its 2021 fiscal year and net earnings of $737 million, a 17.9 percent increase from the same period last year. The Reston, Virginia-based defense contractor said Wednesday its earnings were $2.61 per diluted share for the quarter and cash...
TYSONS CORNER, VA, July 30, 2021 — ICF (Nasdaq: ICFI) will support the U.S. Virgin Islands’ disaster recovery efforts by implementing a workforce development program aimed at training locals for opportunities in hospitality, health care, information technology and other high-demand sectors, ExecutiveBiz reported July 20. The company’s work...
TYSONS CORNER, VA, July 30, 2021 — Comcast‘s (Nasdaq: CMCSA) government services arm will provide the Defense Information Systems Agency with Ethernet-based services for Commercial Ethernet Gateway’s regions four and five under two recently awarded contracts worth $155.8 million in combined value, ExecutiveBiz reported July 20. The mod...
Data center colocation services provider Cyxtera Technologies will start trading Friday on Nasdaq after it completed its merger with blank check company Starboard Value Acquisition Corp. (Nasdaq: SVAC). Both parties first announced the $3.4 billion merger deal in February and Cyxtera said Thursday SVAC’s stockholders approved the combination durin...
The U.S. Air Force has awarded Astronautics Corporation of America subsidiary Kearfott an $82.12 million sole-source contract to repair navigation systems on B-2 Spirit heavy strategic bombers. The defense equipment manufacturer will work on the B-52 inertial measurement unit and attitude motion sensor set at its facility in Pine Brook, New Jersey, ...
