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Tag Archives: featured

Aerospace Corp. to Continue Natl Space Tech Support Under $861M USAF Contract Modification

Aerospace Corp. has received an $860.6 contract modification from the U.S. Air Force to continue to help the national space community engineer and integrate systems. The Defense Department said Friday the modification exercises the fourth option year under a previously awarded contract and extends contractor services through fiscal year 2018. Work under the exercised …

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UTC Inks $30B Deal for Rockwell Collins in Aerospace Market Push; Greg Hayes Comments

United Technologies Corp. (NYSE: UTX) has agreed to purchase Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) through an estimated $30 billion transaction in a move to establish a new aerospace systems supplier that will work to meet the evolving needs of global clients. Farmington, Connecticut-based conglomerate UTC said Monday it will pay …

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Huntington Ingalls to Modernize USS George Washington Carrier Under $2.8B Contract

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $2.8 billion contract to perform refueling and complex overhaul work on the nuclear-powered aircraft carrier USS George Washington. The Defense Department said Friday the military service will obligate $1.51 billion at the time of award from the branch’s …

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IAP, DynCorp Vet Doug Kitani Joins Erickson as CEO

Doug Kitani, formerly CEO and a director of IAP Worldwide Services, has joined Erickson as CEO of the Portland, Oregon-based transport aircraft manufacturing company. Erickson said Thursday Kitani previously led portfolio strategies and corporate development efforts at logistics services contractor DynCorp. He also held general management positions at Honeywell International (NYSE: HON) and General …

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State Dept OKs Australia’s Request for $360M in MH-60R Helicopter Upgrade Services

The State Department has approved Australia’s request to purchase follow-on technical services and related equipment to support updates to 24 MH-60R helicopters under a potential $360 million foreign military sales agreement. Lockheed Martin’s (NYSE: LMT) Sikorsky business will serve as the principal contractor in the proposed FMS transaction that also …

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CBP Taps 4 Firms to Develop Concrete Border Wall Prototypes

The Customs and Border Protection has awarded four companies separate contracts worth up to $500,000 each to develop prototypes of a proposed border wall between the U.S. and Mexico, The New York Times reported Thursday. CBP said Caddell Construction, Fisher Industries, Texas Sterling Construction and W.G. Yates & Sons Construction Company will perform work …

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Rockwell Collins Gets $109M DLA Contract for Fighter Pilot Helmet Display Spares

Rockwell Collins (NYSE: COL) has secured a potential six-year, $108.6 million contract from the Defense Logistics Agency to supply consumable and depot-level reparable spares for helmet displays used by F-15, F-16 and F-18 aircraft pilots. The Defense Department said Thursday Rockwell Collins’ ESA Vision Systems business will deliver Joint Helmet Mounted Cueing System spares to the …

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Boeing Receives $202M Army Apache Helicopter Order

Boeing (NYSE: BA) has secured a $202 million contract modification to build 22 AH-64E Apache attack helicopters for the U.S. Army. The Defense Department said Thursday the company will perform work under the modification in Mesa, Arizona, through Dec. 31, 2021. The Army Contracting Command is the contracting activity and the service branch obligated …

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Jacobs Buys Blue Canopy to Further Digital Tech Strategy; Darren Kraabel Comments

Jacobs Engineering Group (NYSE: JEC) has purchased Reston, Virginia-based information technology services provider Blue Canopy for an undisclosed sum in a strategy to expand the former’s digital platforms offered under a connected enterprise framework. Jacobs said Thursday it aims to broaden the Jacobs Connected Enterprise framework’s digital systems designed to …

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Sikorsky Gets $304M Contract Funds to Produce Initial Navy CH-53K Helicopters

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $304 million contract modification from the U.S. Navy for the low-rate initial production of lot 1 CH-53K heavy-lift helicopters. The Defense Department said Thursday that Sikorsky will build two CH-53K units as well as provide aircraft, programmatic and logistics support, peculiar support equipment and …

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