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Tag Archives: Defense Department

Lockheed Vet Michael Grasso Joins Engility as Business Development Leader

Michael Grasso, a 35-year veteran and former vice president of government relations at Lockheed Martin (NYSE: LMT), has joined Engility (NYSE: EGL) as senior vice president of business development and strategic planning for the government services contractor. Engility said Monday he will report directly to CEO Lynn Dugle in his new role. Grasso’s career at Lockheed includes …

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Lockheed Secures Potential $10B IDIQ for Air Force C-130J Production Support

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential 10-year,   $10.02 billion indefinite-delivery/indefinite-quantity contract to support the military branch’s C-130J Super Hercules production effort. The sole-source contract also includes foreign military sales,  the Defense Department said Friday. DoD expects Lockheed’s aeronautics segment in Marietta, Georgia to finish contract work Aug. 18, …

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Navy Awards Raytheon Potential $723M Contract to Develop Enterprise Air Surveillance Radar

Raytheon (NYSE:RTN) has been awarded a potential $723.1 million contract to perform engineering and development work on a new airborne ship-based surveillance radar technology for the U.S. Navy. The Defense Department said Friday that Raytheon’s integrated defense systems segment will build, integrate and test an engineering development model of the Navy’s Enterprise Air Surveillance Radar. DoD …

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3 Firms Land $107M in Contract Options Under Navy SSC Pacific C4ISR IDIQ

The U.S. Navy has awarded $107.3 million in total options under a previously awarded contract to three companies for command, control, communications, computers, intelligence, surveillance and reconnaissance services. Assured Space Access Technology, Koam Engineering Systems and Tactical Engineering & Analysis will continue to provide C4ISR support for the Space and Naval Warfare …

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Boeing Gets $2.8B Air Force Contract Modification for Lot 1 & 2 Tankers

Boeing (NYSE: BA) has been awarded a potential two-year, $2.81 billion contract modification to deliver a total of 19 KC-46A Pegasus low-rate initial production aircraft to the U.S. Air Force. The service branch made the award for the first two LRIP lots after the aircraft received Milestone C approval from the Defense …

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USAF Awards Boeing Potential $254M F-15 Aircraft Fatigue Testing IDIQ

Boeing (NYSE: BA) has received a potential $254.2 million indefinite-delivery/indefinite–quantity contract to test, repair and analyze the aircraft test articles for the U.S. Air Force’s F-15C and F-15E jets. The Defense Department said Thursday Boeing will perform the testing part of the contract on tasks meant to help the military branch evaluate …

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Utah State University’s Research Org Lands $99M MDA Space-Based Sensor R&D IDIQ

The Utah State University Research Foundation has received a potential five-year, $99.4 million contract to research and develop space-based sensor platforms for the Missile Defense Agency. The foundation will perform work at its Logan, Utah-based facility through Aug. 16, 2021 under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Wednesday. The …

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Connectec Lands $97M Army Contract for Mortar Weapon Components

Connectec has secured a five-year, $96.7 million firm-fixed-price contract to provide mortar weapon components and related support equipment to the U.S. Army. The Defense Department said Tuesday the company will supply parts for 60mm and 81mm lightweight mortar weapons as well as mounts, baseplates, direct support tools and basic issue items for 60mm, 81mm and 120mm mortars. The …

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Leidos’ Roger Krone Discusses Change in US Leadership and its Potential Impact on Defense Spending

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country’s defense and security of its citizens. Krone made the comment in response to a question on …

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Boeing’s KC-46A Pegasus Tanker Receives Milestone C Approval

TYSONS CORNER, VA, Aug. 16, 2016 — Defense Department acquisition chief Frank Kendall has granted Milestone C approval to Boeing‘s (NYSE: BA) KC-46A Pegasus refueling tanker aircraft developed for the U.S. Air Force, ExecutiveBiz reported Monday. Boeing is due to receive two contracts worth a combined $2.8 billion from the Air Force within a 30-day …

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