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Tag Archives: featured

Booz Allen Vet Kenneth Saenz Joins Allegheny as EVP; Arria Hines Comments

Kenneth Saenz, formerly a principal at Booz Allen Hamilton (NYSE: BAH), has been named an executive vice president of management and technology services contractor Allegheny Science & Technology. He will oversee energy market-related programs and help AST identify capability areas to deliver program management support and technologies to industry and …

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Leonardo DRS Completes $150M Daylight Solutions Buy

Leonardo DRS has wrapped up its acquisition of quantum cascade laser platforms manufacturer Daylight Solutions for approximately $150 million. The transaction received regulatory approvals and clearance from Daylight Solutions’ stockholders, Leonardo said Monday. Leonardo DRS agreed to purchase 100 percent equity stake in Daylight Solutions in March in a move …

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Raytheon to Supply F/A-18 Configuration D Kits Under $91M Navy Contract

Raytheon (NYSE: RTN) has secured a $90.8 million contract to refurbish components on the U.S. Navy‘s fleet of F/A-18 Hornet multirole aircraft. The Defense Department said Tuesday that Raytheon will provide 206 retrofit components and four validation and verification kits for F/A-18 Configuration D as part of three engineering change proposals. Hornet fighter jets are …

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SOCOM Adds Arcturus to Potential $475M UAS ISR Contract

Arcturus UAV has won a spot under a potential five-year, $475 million contract from the U.S. Special Operations Command to provide intelligence, surveillance and reconnaissance support for mid-endurance unmanned aircraft systems. The Defense Department said Tuesday the contract has four one-year ordering periods followed by one six-month ordering period. Boeing‘s (NYSE: …

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Infoscitex Lands $70M USAF Aerospace System R&D Contract Modification

The U.S. Air Force has awarded Infoscitex a four-year, $70 million contract modification to support the military branch’s aerospace technology and simulation-based research and development efforts. Infoscitex will provide R&D services in areas such as flight control laws, cooperative control autonomy, vehicle integrity management and automation, the Defense Department said Tuesday. The company …

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HDS Federal, Brocade Agree on Transfer of Some Contracts, Assets; David Turner Comments

Hitachi Data Systems‘ federal business has entered into a definitive agreement to accept the transfer and control of some of Brocade Communications Systems‘ (Nasdaq: BRCD) federal service maintenance contracts and other cleared assets. HDS Federal said Tuesday it will gain Brocade’s portfolio of U.S. federal data center networking, campus/edge networking and storage area …

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State Dept OKs $366M Boeing C-17 Aircraft Sale to India

The State Department has cleared a potential $366.2 million foreign military sale of a Boeing-built (NYSE: BA) transport aircraft, equipment and support services to India. India ordered an additional C-17 Globemaster III aircraft equipped with four turbofan F-117-PW-100 engines, one AN/AAR-47 missile warning system and one AN/APX-119 identification “friend or foe” transponder, …

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DoD Requests Additional 5% for IT Budget

The Department of Defense is asking for $42.5 billion in IT funding, a 5.3 percent increase over last year. From that top line number, $9.3 billion is reserved for classified investments and expenses, with $33.2 billion going to unclassified investments and expenses, according to  documents from the department’s comptroller reveal. …

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Navy Taps 4 Firms for Nonlethal Weapon R&D Services

Four companies will compete for task orders under a U.S. Navy contract to provide research and development support for nonlethal weapons systems across a range of capability functional and technology areas. The Naval Surface Warfare Center’s Indian Head explosive ordnance disposal technology division in Maryland received 11 offers for the …

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Boeing’s Caryn Nightengale Named Liquid Robotics CFO; Gary Gysin Comments

Caryn Nightengale, formerly director of corporate development at Boeing’s (NYSE: BA) defense, space and security segment, has joined Sunnyvale, California-based unmanned maritime systems maker Liquid Robotics as chief financial officer. She will report to Gary Gysin, Liquid Robotics’ president and CEO, and oversee financial management, contracts, information technology and global trade …

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