Tag Archives: Air Force

Lockheed Martin (NYSE: LMT) has received a potential three-year, $4.7B contract modification from the U.S. Navy to produce and deliver 78 F-35 fighter jets and associated red gear to three service branches.

Raytheon (NYSE: RTN) has secured a potential $378M contract modification from the U.S. Space Force to replace computer hardware in the next-generation ground control segment for GPS satellites.

John “J.R.” Riordan, former professional staff member of the Senate Armed Services Committee, has been appointed senior vice president of business development for Parsons’ (NYSE: PSN) space and geospatial business, SpaceNews reported Monday.

The U.S. Space Force plans to issue a potential 10-year, $12B other transaction agreement for the management of the Space Enterprise Consortium focused on prototyping space-based technology such as satellites, ground systems and payloads.

Raytheon Company has developed, manufactured and delivered its first 3rd GEN FLIR sensor system under a U.S. Army contract awarded in 2016. This latest Forward-Looking Infrared (FLIR) system to support soldiers four fields of view, the company announced on Wednesday.  

L3Harris Technologies (NYSE: LHX) has received a multimillion-dollar contract from the U.S. Air Force to develop a platform designed to help the military identify objects in large sets of imagery data using artificial intelligence, C4ISRNET reported Wednesday.

James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed Marillyn Hewson as president and CEO, effective June 15. Hewson, who has served as president and CEO since 2013 and a 2020 Wash100 award winner, will transition to the role of executive chairman of the board by mid-June, Lockheed said Monday.

The U.S. Air Force has tentatively selected over 500 companies for contracts worth $550M combined as part of an initiative launched with its AFWERX innovation arm and Small Business Innovation Research/Small Business Technology Transfer Program.

The U.S. Air Force is looking for potential sources of eneterprise information technology and communications services to support the National Air and Space Intelligence Center in Dayton, Ohio.

The U.S. Air Force has begun to solicit proposals for production-ready systems to meet the requirement for a 3D expeditionary long-range radar platform. A notice posted on March 2 says the service will execute a middle-tier acquisition approach under the SpeedDealer solicitation and plans to award up to three other transaction agreements to rapidly develop, test and deploy 3DELRR prototypes that can replace its legacy TPS-75 radar system.