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Raytheon‘s (NYSE: RTN) integrated defense systems business has secured a potential $371.2 million follow-on contract from the Missile Defense Agency to provide research and development support for two kinds of ballistic missile defense radar technology. The Defense Department said Wednesday the contractor will perform engineering, pr...

https://www.youtube.com/watch?v=OSZaQJ65arQ The Pentagon’s 6th Generation Fighter may be stealthy and will likely have next-generation computers, electronic warfare technology, speed, weapons and sensors The Air Force has begun experimenting and conceptual planning for a 6th generation fighter aircraft to emerge in coming years as a technologi...

Modern Technology Solutions Inc. has won a one-year, $88.7 million contract from the Missile Defense Agency to provide specialty engineering advisory and assistance services for the Ballistic Missile Defense System. The Defense Department said Thursday MTSI will help MDA engineer sensor, directed energy and space systems as well as support BMDS...

Alicia Townes, formerly vice president and corporate controller of Vistronix, has joined defense technology firm VT Group as senior vice president and chief financial officer. VT Group said Friday Townes joins the company’s executive leadership team that aims to drive strategic growth and development efforts. Her appointment comes si...

CACI International (NYSE: CACI) has won a potential four-year, $91 million task order to help a U.S. Army organization research, develop and evaluate airborne intelligence systems. The company said Monday it will assist the Flight Activity of the Army’s Communications-Electronics Research, Development and Engineering Center in e...

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...

  Weekly Roundup October 23 – October 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With October coming to a close, let’s take a look at the most significant M&A activity that took place over the course of this month. Notable M&A activity includes: S...