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Tag Archives: featured

State Dept OKs $1.3B in Surveillance Radar Maintenance, Missile Purchase Requests from Taiwan

The State Department has approved Taiwan’s request to buy missiles, torpedoes and related components as well as operations and maintenance support for the East Asian state’s surveillance radar program under seven foreign military agreements worth approximately $1.36 billion combined. Taiwan requested to purchase follow-on sustainment services for the SRP that …

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Air Force Awards Northrop $179M LAIRCM Support Contract Modification

Northrop Grumman (NYSE: NOC) has secured a $179 million contract modification from the U.S. Air Force to provide hardware and support for large aircraft infrared countermeasures systems, or LAIRCM. The Defense Department said Thursday the company will perform work under the modification in Rolling Meadows, Illinois through April 30, 2019. LAIRCM is designed …

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Randall Wotring Promoted to AECOM COO

Randall Wotring, president of AECOM‘s (NYSE: ACM) technical and operational services business, has been promoted to chief operating officer at the Los Angeles-based engineering services contractor in a move that takes effect July 1. He will succeed Stephen Kadenacy, who will step down as COO and president of AECOM after a 10-year career …

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L3 Gets Potential $230M Army Mortar Fuze Supply Contract

L3 Technologies (NYSE: LLL) has landed a potential $230 million contract to provide point detonating/delay and multi-option fuzes for U.S. Army mortars. The Army will use company-made M783 and M734A1 fuzes to perform close range and indirect fire support combat operations, L3 said Thursday. Todd Gautier, president of L3’s electronic systems business segment, said the …

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Lisa Atherton Succeeds Ellen Lord as Textron Systems President, CEO

Lisa Atherton, formerly executive vice president of military business at Textron‘s (NYSE: TXT) Bell Helicopter subsidiary, has been appointed president and CEO of Textron Systems. She replaces Ellen Lord, who will be nominated by President Donald Trump as undersecretary of defense for acquisition, technology and logistics, Textron said Wednesday. “Lisa …

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Lockheed Lands $258M Contract Modification for Lot 10 F-35 Pilot Flight Equipment

Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchases from the Navy, U.S. Air Force, U.S. Marine …

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PAE-Parsons JV Secures $85M Navy Contract for Military Guam Base Operations Support

A joint venture of PAE and Parsons has secured a potential $84.7 million contract from the U.S. Navy to carry out a range of base operations support services at Joint Region Marianas in Guam. DZSP 21 will provide management, administration, port operations, ordnance, material management, facility management, facility investment, electrical, steam, …

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Boeing Expands Role of CFO, EVP Greg Smith to Include Enterprise Performance Leadership

Boeing (NYSE: BA) has expanded the responsibilities of Greg Smith, chief financial officer and executive vice president of corporate development and strategy, to include leadership over business performance, innovation and corporate functional excellence. Smith will have the dual role of CFO and EVP for enterprise performance and strategy beginning July 1 …

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Fmr. Air Force Intel Chief Urges Rehaul of DoD Drone Program

The former Air Force deputy chief of staff for intelligence, surveillance and reconnaissance Lt. Gen. David Deptula has a new report that offers the Defense Department suggestions as it writes a 25-year plan for unmanned aircraft. The U.S. military needs to overhaul the way it is buying and managing drones, …

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Lynn Dugle: Engility to Support Army Logistics Modernization Program Under $119M Contract

Engility (NYSE: EGL) has received a potential five-year, $119 million contract to support a national-level logistics enterprise resource planning system used at various U.S. Army and Defense Department facilities. The company said Wednesday it will provide subject matter expertise, administrative support, program and product management and technical services to the Army’s Logistics Modernization …

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