Tag Archives: featured

Army Exercises $888M in Oshkosh JLTV Production Contract Options

Joint Light Tactical Vehicle

Oshkosh's (NYSE: OSK) defense segment has received contract options worth $888.4M from the U.S. Army to manufacture additional Joint Light Tactical Vehicle vehicles, trailers and kits. Army Contracting Command issued the modification to exercise options for the supply of 2,679 vehicles, 6,725 kits and 1,001 trailers to military customers, the Department of Defense said Monday.

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14 Contractors Win Spots on $2.5B NAVFAC Southwest Construction IDIQ Vehicle

Construction project

The U.S. Navy has awarded 14 companies positions on a five-year, $2.5B indefinite-delivery/indefinite-quantity contract vehicle to build, renovate or repair facilities located at various government installations within Naval Facilities Engineering Systems Command's Southwest area of responsibility.

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Lockheed Closes i3 Hypersonics Portfolio Buy

Lockheed Martin Hypersonics

Lockheed Martin (NYSE: LMT) has completed its purchase of the hypersonic strike and defense business from Huntsville, Alabama-based software and systems engineering firm Integration Innovation Inc. for an undisclosed amount. Former i3 CEO Mike Wicks joined Lockheed as vice president for the Bethesda, Maryland-based firm's Hypersonic Engineering and Accelerated Technologies program.

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Raytheon Technologies Lands $453M USAF Aircraft Engine Modernization Contract

Raytheon Technologies

Raytheon Technologies (NYSE: RTX) has secured a potential nine-year, $453M contract to help the U.S. Air Force modernize aircraft engines. The company will develop engineering modifications, design support equipment, perform repair work, address identified deficiencies and support engine service life maintenance or extension under the Component Improvement Program, the Department of Defense said Wednesday.

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NOAA Taps GeoOptics, Spire Global for Commercial Data to Support Weather Forecasts

NOAA

The National Oceanic and Atmospheric Administration has awarded a total of $23M in two-year contracts to GeoOptics and Spire Global for radio occultation data that the agency plans to use for operational weather forecasts. NOAA awarded the indefinite-delivery/indefinite-quantity contracts on Nov. 20 under the Commercial Weather Data Pilot program for work that will run through 2022, the Department of Commerce's space commerce office said.

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