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Tag Archives: featured

NASA Names New Industry Partners on Deep-Space R&D Projects; William Gerstenmaier Comments

NASA has established 12 new industry partnerships on its deep-space technology research and development projects on advanced propulsion, habitation systems and small satellites as part of the Next Space Technologies for Exploration Partnerships program. The agency said Monday its partners will help in building space and human exploration capabilities for cis-lunar space and Mars missions, …

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Kforce to Help Defense Threat Reduction Agency Manage Budget, Finance Services

Kforce Government Solutions (Nasdaq: KFRC) has been awarded a $73 million contract to perform budget and finance support services for the Defense Threat Reduction Agency. The Fairfax company will provide program, accounting, defense agencies initiative sustainment activities and financial management services for DTRA organizations, the Defense Department said Monday. Kforce will …

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South Korea Taps Lockheed, Raytheon for Fighter Jet and Missile Programs

Lockheed Martin (NYSE: LMT) and partner Korea Aerospace Industries have won a $7.88 billion contract to build a mid-level fighter jet for South Korea, Reuters reported Monday. Joyce Lee writes the companies will jointly develop jets meant to replace the Asian ally’s F-4 and F-5 fighters by 2025 under the KF-X fighter …

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DARPA Picks 4 Contractors to Make Subreflector-Based Imaging Radars

The Defense Advanced Research Projects Agency has awarded four companies contracts worth up to $11.3 million combined for the Advanced Scanning Technology for Imaging Radars program, Military & Aerospace Electronics reported Friday. John Keller writes the companies will work to develop new imaging radars that use electronic subreflector designs for scans. Contract details include: First …

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NASA Taps HX5 Sierra for $363M Testing Facilities Support Contract

HX5 Sierra has been awarded a potential 10-year, $363 million contract to help run, engineer and maintain testing facilities at NASA‘s Glenn Research Center and Plum Brook Station in Ohio. The cost-plus-fixed-fee contract is effective June 1 and carries an initial value of $47.5 million, NASA said Friday. A phase-in period …

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Lockheed to Provide Sniper Targeting Pods in USAF Foreign Military Sale

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will provide its Sniper Advanced Targeting Pods under a $485 million indefinite-delivery/indefinite-quantity foreign military sales contract through the U.S. Air Force. The Defense Department said Friday the contract includes initial spare pods, two-way data links and 1K forward-looking infrared systems. The company will perform work at its …

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Lockheed to Produce F-16 Targeting Pods for Jordan

A Lockheed Martin (NYSE: LMT) subsidiary has been awarded an $8.9 million contract to manufacture and deliver targeting pods for the fighter planes of the Royal Jordanian Air Force. The Defense Department said Friday that Lockheed Martin Missiles and Fire Control will provide 10 Sniper targeting systems as well as multiband …

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March 27 Market Close: GovCon Index Extends Gains, Dollar Concern Continues

The GovCon Index climbed for a second consecutive day with a gain of 0.541 points to 69.008. The Wall Street Journal called Friday a “quiet day” and cited next week’s jobs report and the start of earnings season as trends to watch. Investors continue to worry over how a strengthening U.S. …

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RBC Bearings to Purchase Dover’s Sargent A&D Business; Michael Hartnett Comments

RBC Bearings has agreed to acquire Dover Corp.‘s (NYSE: DOV) Sargent Aerospace & Defense subsidiary for $500 million. Michael Hartnett, RBC Bearings chairman, president and CEO, said Thursday the acquisition is intended to complement the company’s manufacturing and design processes. Oxford, Connecticut-based RBC Bearings manufactures plain, roller and ball bearings …

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