Lockheed Martin (NYSE: LMT) has been awarded a $1.80 billion contract to perform recurring logistics work for domestic and international military customers that received F-35 air systems. The company’s aeronautics segment will conduct depot activation, ground maintenance, supply chain management and initial training efforts as part of the unde...
Raytheon Technologies (NYSE: RTX) has received a $328.16 million contract to manufacture lot 21 of updated AIM-9X Sidewinder multimission missiles for U.S. and foreign military customers. The Department of Defense said Wednesday the three-year contract from Naval Air Systems Command covers the production of Block II all up round tactical and air tra...
The proposed combination of Santa Clara, California-based in-space transportation services provider Momentus and Stable Road Acquisition (Nasdaq: SRAC), a special purpose acquisition company, is now valued at approximately $700 million under an amended merger agreement that reflects changes in Momentus’ launch schedule. Momentus said Wednesday its...
Lockheed Martin (NYSE: LMT) has won Switzerland’s fighter aircraft competition to provide the F-35 platform along with training and sustainment support services to the Swiss air force. The Bethesda, Maryland-based contractor said Wednesday that Swiss companies can take part in research, development, manufacturing and maintenance efforts associ...
OpenGate Capital has wrapped up its $200 million acquisition of the ScioTeq and Treality Simulation Visual Systems businesses from TransDigm Group (NYSE: TDG). TransDigm first announced in March the transaction to sell its two units that offer visualization platforms intended for defense, security and air traffic control applications. The Cleveland-...
Technical Resources International has won a potential 10-year, $173.2 million contract from the National Institutes of Health for sponsor and regulatory management services in support of the Center for Cancer Research within the National Cancer Institute, and CCR investigators. According to an award notice posted Tuesday on SAM.gov, TRI will perform...
Thomas Ayres, former U.S. Air Force general counsel who oversaw the legislation that created the Space Force, has been named chief legal officer and general counsel of Voyager Space Holdings. The Denver-based company said Tuesday that Ayres’ appointment is another of Voyager’s major staff announcements that include Jim Bridenstine, former NASA a...
Christopher Kubasik, most recently vice chair, president and chief operating officer of L3Harris Technologies (NYSE: LHX) and a three-time Wash100 Award winner, has succeeded William Brown as CEO of the Melbourne, Florida-based aerospace and defense contractor as part of the L3 Technologies-Harris merger agreement announced in October 2018. William ...
The Professional Services Council has asked the National Institutes of Health Information Technology Acquisition and Assessment Center to give the industry more time to submit proposals for a potential 10-year, $50 billion follow-on contract for IT platforms and services, and to provide more details about the governmentwide acquisition contract vehi...
Milford McGuirt, formerly a managing partner of KPMG, has been appointed to the board of directors at Science Applications International Corp. (NYSE: SAIC) in a move slated to take effect Thursday. He will serve on the audit and nominating and corporate governance committees of SAIC, the company said Tuesday. McGuirt has more than four decades...
