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Tag Archives: BAE Systems

BAE, TAI Partner on Initial Development Phase for Turkey’s TF-X Fighter Jet Program

TYSONS CORNER, VA, Jan. 31, 2017 — BAE Systems and Turkish Aerospace Industries will collaborate on the first development phase of the Turkish air force’s TF-X fighter jet program under a “Heads of Agreement” deal, ExecutiveBiz reported Monday. The agreement was signed ahead of a planned contract worth an estimated $125 million …

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Former DHS Science & Tech Lead Reginald Brothers Named Chertoff Group Principal

Reginald Brothers, former undersecretary at the Department of Homeland Security‘s science and technology directorate, has joined security advisory services firm Chertoff Group as a principal. The company said Monday he will work with clients to help them create growth strategies, explore  market platforms and offer advice on modern threats and the impact of policies on the security and technology sectors. “I …

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BAE Division Lands Navy C4I Logistics Services & Incidental Material Supply Contract

TYSONS CORNER, VA, Jan. 26, 2017 — BAE Systems‘ technology solutions and services unit has secured a one-year, $24.4 million contract modification from the U.S. Navy for logistics services and incidental materials in support of the Naval Air Warfare Center‘s aircraft division, ExecutiveBiz reported Wednesday. NAWCAD’s special communications mission solutions division will …

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BAE Business Unit to Support USS Roosevelt Modernization Effort Under $68M Navy Contract

TYSONS CORNER, VA, Jan. 24, 2017 — The U.S. Navy has awarded a BAE Systems business unit a $68.5 million contract for facilities and human resources services in support of the modernization, repair and sustainment of the USS Roosevelt guided missile destroyer, ExecutiveBiz reported Monday. BAE’s Southeast Shipyard Mayport will perform work …

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BAE’s U.S. Arm Names 15-Year Vet Terry Crimmins Electronic Systems Sector Head; Jerry DeMuro Comments

Terry Crimmins,  formerly vice president and deputy general manager of the electronic systems sector at BAE Systems‘ U.S. subsidiary, has been promoted to president of the sector. BAE said Monday Crimmins succeeds Tom Arseneault, who returned to his full-time post as chief operating officer of the subsidiary — BAE Systems Inc. “Terry brings diverse experience …

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Report: Lockheed, DoD Eye Potential $9B Deal on Next F-35 Batch by End of January

Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize by the end of January a new contract worth approximately $9 billion that would reduce the price of the next batch of F-35 fighter jets to under $100 million per aircraft, Reuters reported Thursday. Mike …

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BAE Gets $178M Army Contract Modification for Nitrocellulose Facility Construction

BAE Systems has secured a potential two-year, $177.8 million contract modification to build and commission a new nitrocellulose production facility at the Radford Army Ammunition Plant in Virginia. BAE’s ordnance systems business will perform work in Radford, Virginia, through Dec. 31, 2018, the Defense Department said Thursday. The Army Contracting …

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January 17 Market Close: GovCon Index Down on Shipbuilder Declines, Financials Drive S&P 500 Lower

Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an 9-to-1 ratio and overall top performer McKesson Corp. (NYSE: MCK) was the …

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Kratos Promotes Steve Fendley to Corporate SVP, Unmanned Systems Division President

Steve Fendley, formerly senior vice president, general manager and chief technology officer of the composite engineering business within Kratos‘ (Nasdaq: KTOS) unmanned systems division, will assume the role of corporate SVP and president of KUSD. The company said Tuesday Fendley will be in charge of programs on tactical unmanned combat aerial systems, …

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Navy Looks to Extend Development of BAE Electromagnetic Railgun Pulsed Power Tech

TYSONS CORNER, VA, Jan. 11, 2017 — The U.S. Navy looks to extend BAE Systems‘ development work on a pulsed power technology for the shipboard electromagnetic railgun weapon system through a contract modification, ExecutiveBiz reported Tuesday. Military & Aerospace Electronics reported Monday the potential sole-source award will also include pulsed power unit modeling …

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