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3 Companies Win Spots on $533M Air Force Equipment Sourcing ContractContract Awards
  • August 29, 2022

    3 Companies Win Spots on $533M Air Force Equipment Sourcing Contract

    The U.S. Air Force has awarded three companies positions on a potential 10-year, $533.5 million contract for sourcing military ground
    GAO: Federal Government Recorded $637B in FY 2021 Contract ObligationsFinancial Reports
    • August 29, 2022

      GAO: Federal Government Recorded $637B in FY 2021 Contract Obligations

      A Government Accountability Office report shows that the federal government spent approximately $637.1 billion on contracts in fiscal year 2021
      Raytheon Lands $182M Army Contract to Supply Ukraine Air Defense Tech; Thomas Laliberty QuotedContract Awards
      • August 29, 2022

        Raytheon Lands $182M Army Contract to Supply Ukraine Air Defense Tech; Thomas Laliberty Quoted

        A Raytheon Technologies (NYSE: RTX) subsidiary has secured a two-year, $182 million contract from the U.S. Army to provide a
        State Department OKs Potential $1.95B UH-60M Helicopter Sale to AustraliaNews
        • August 26, 2022

          State Department OKs Potential $1.95B UH-60M Helicopter Sale to Australia

          The State Department has approved a foreign military sale of multimission military helicopters, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky
          DARPA to Brief Potential Proposers on ‘Infrastructure-Less’ Small UAS Development ProgramNews
          • August 25, 2022

            DARPA to Brief Potential Proposers on ‘Infrastructure-Less’ Small UAS Development Program

            The Defense Advanced Research Projects Agency intends to meet with interested contractors next month to discuss a new program aimed
            DHS Seeks Technical Assistance for Transportation Security LabIndustry News
            • August 25, 2022

              DHS Seeks Technical Assistance for Transportation Security Lab

              The Department of Homeland Security plans to enlist industry expertise to help an Atlantic City, New Jersey-based federal laboratory that
              Precision Aviation Group Eyes Engine Service Expansion With PTB BuyM&A Activity
              • August 24, 2022

                Precision Aviation Group Eyes Engine Service Expansion With PTB Buy

                Precision Aviation Group, an Atlanta-based portfolio company of private equity firm GenNx360 Capital Partners, has agreed to buy PTB Group,
                Boeing Awarded $121M to Produce Navy Torpedo Air Launcher EquipmentContract Awards
                • August 22, 2022

                  Boeing Awarded $121M to Produce Navy Torpedo Air Launcher Equipment

                  Boeing (NYSE: BA) has been awarded a potential eight-year, $121.4 million contract to produce equipment for the U.S. Navy to
                  5 Vendors to Develop Adaptive Engine Prototypes Under $975M Air Force IDIQContract Awards
                  • August 22, 2022

                    5 Vendors to Develop Adaptive Engine Prototypes Under $975M Air Force IDIQ

                    The U.S. Air Force has awarded five companies positions on a potential 10-year, $975 million contract to perform technology maturation
                    General Atomics Unit Books $136M USMC Contract for Extended-Range Reaper UAS ProductionContract Awards
                    • August 19, 2022

                      General Atomics Unit Books $136M USMC Contract for Extended-Range Reaper UAS Production

                      General Atomics‘ aeronautical systems business has received a $135.8 million contract to manufacture eight unmanned aircraft systems for the U.S.
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