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The U.S. Army has awarded BAE Systems a $376M contract and General Dynamics (NYSE: GD) a $335M contract to build ground combat vehicle prototypes intended for U.S. Army infantry brigade combat teams. Both companies will produce Mobile Protected Firepower vehicles under the MPF middle tier and rapid prototyping contracts that include l...
Consulting firm McAleese & Associates has released a report on Deputy Defense Secretary Patrick Shanahan™s speech at a National Defense Industrial Association-sponsored briefing on hypersonics. Shanahan said Thursday at the NDIA event that hypersonic technologies need to be operationalized. œThis is about industrial...
Lockheed Martin (NYSE: LMT) has secured a potential $92.5M contract to provide support services for H-60 multirole helicopters of the U.S. Navy as well as Australia, Denmark and Saudi Arabia under the foreign military sales program. The company will update, implement and maintain H-60 software and systems configurations under the cost...
Textron (NYSE: TXT) will obtain additional materials needed to build landing craft air cushion vehicles under a five-year, $314.3M contract modification from the U.S. Navy. The company will use the funds to acquire long lead time components for LCAC class crafts 109 through 123 and to continue pre-fabrication work on crafts 109 to 112, the...
Raytheon‘s (NYSE: RTN) missile systems business has received a potential four-year, $149.4M contract to engineer, manufacture and develop a Block IIIC configuration of the U.S. Navy‘s Standard Missile-2 system. Work will occur in Arizona, Colorado, Ohio, New York and England through October 2022 under the cost-plus-incentive contrac...
OSI Systems‘ (Nasdaq: OSIS) Spacelabs Healthcare subsidiary has won a potential 10-year, $450M contract to provide patient monitoring systems, accessories and training services to U.S. military branches and federal civilian agencies. The Defense Logistics Agency awarded the indefinite-delivery/indefinite-quantity contract that c...
Clark Construction Group has won a potential $315.5M firm-fixed-price contract to build a hangar complex that will house the VC-25B presidential aircraft, or Air Force One. The Department of Defense said Wednesday the project also includes construction of an aircraft access taxiway, a parking apron, lighting, a hydrant refueling syste...
General Electric™s (NYSE: GE) aviation business has received a potential $157.7M contract to provide holistic engine support for T64 engines used to power U.S. Navy aircraft. The Defense Logistics Agency awarded the fixed-price prospective redetermination and requirements contract that has base period of five and a half year...
TYSONS CORNER, VA, December 12, 2018 ” PAE has received a $72M modification to a previously awarded contract for continued engineering, operations and maintenance support at U.S. Navy test ranges, ExecutiveBiz reported Tuesday. The Department of Defense said Monday the modification exercises an option on a contract for PAE Applied Tec...
Four companies will continue to support the U.S. Navy‘s contingency construction projects worldwide under an $86M shared contract modification. The Navy could require contractors to help manage base operations and provide engineering services for natural disaster, humanitarian assistance and conflict response efforts, the Department ...
