Tag Archives: BAE Systems

Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report

FY 2019 defense spending by state report

A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. The list also includes General Dynamics (NYSE: GD), BAE Systems, Huntington Ingalls Industries (NYSE: HII), Humana (NYSE: HUM), L3 Technologies, which now operates as L3Harris Technologies (NYSE: LHX) after it merged with Harris, Raytheon and United Technologies Corp. Raytheon and UTC merged in April 2020 and the combined entity now runs as Raytheon Technologies (NYSE: RTX).

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Leonardo DRS, Data Link Solutions Land $150M Navy BPA Each to Supply Electronic Equipment Cabinets

U.S. Navy

Leonardo DRS' Laurel Technologies business and Data Link Solutions — a joint venture between BAE Systems and Collins Aerospace — have each secured a $150M blanket purchase agreement to provide cabinets for U.S. Navy electronic equipment.

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BAE to Help Manage USAF Tech Obsolescence Under $67M Contract; Pete Trainer Quoted

Pete Trainer VP

BAE Systems has secured a potential five-year, $66.6M contract to provide the U.S. Air Force tools and services to manage availability risks for weapon platforms and other systems as part of the branch's Diminishing Manufacturing Sources and Material Shortages program. Pete Trainer, vice president and general manager of Air Force solutions at BAE, said the company will implement a cloud-based predictive analytics technology for the DMSMS program's next iteration.

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Industry Execs Say Open Architecture Could Lower Defense Market Entry Barriers, Drive M&A Pursuits

Mergers and Acquisitions

BAE Systems and Dcode executives said at Baird's Government & Defense Conference earlier this month that open architecture and modular systems design requirements could make it easier for technology vendors to enter the federal market, the Washington Business Journal reported.

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BAE Gets $87M IDIQ to Engineer Digital Communication Terminals for US, Foreign Military Clients

BAE Systems

A BAE Systems business unit has received a five-year, $86.9M contract to engineer Link 16 terminals designed to help U.S. and international defense customers transmit voice and data communications. BAE's information and electronic systems integration group will perform engineering and integration work on Multifunctional Information Distribution System-Low Volume Terminals under the sole-source, indefinite-delivery/indefinite-quantity contract, the Department of Defense said Monday.

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IT Market Vet Troy Walker Named ManTech Business Dev’t Director

Troy Walter Director

Troy Walter, a government information technology industry veteran with more than two decades of experience, has joined ManTech International (Nasdaq: MANT) as director of business development. His career includes time at General Dynamics' (NYSE: GD) IT business, Digital Management and BAE Systems' U.S. subsidiary.

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ArchIntel Releases Extended Competitive Intelligence Compendium

ArchIntel Competitive Intelligence Compendium

ArchIntel, a completely customized, human-intelligence powered daily briefing service, has released its latest compendium, “Know Your Competition” to expand the conversation and provide today’s business leaders with the first hand perspective of the competitive intelligence landscape through the eyes of its experts. Visit ArchIntel.com to read the full “Know Your Competition: A comprehensive compendium and insightful industry view through the eyes of executive CI experts” for yourself.

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State Dept OKs $757M Croatia Request for Bradley Fighting Vehicle Upgrade Services

M2A2 Bradley Fighting Vehicle

Croatia plans to modernize the country's fleet of M2A2 Bradley infantry fighting vehicles through a potential $757M foreign military sales deal cleared by the State Department. BAE Systems' U.S. subsidiary and Raytheon Technologies’ (NYSE: RTX) missile systems business will be the prime contractors for the planned modernization and refurbishment of 76 Operation Desert Storm IFVs, the Defense Security Cooperation Agency said Tuesday.

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