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Tag Archives: featured

Sikorsky Wins $3.5B to Build Helicopters for Turkey

Sikorsky Aircraft Corp. has signed a $3.5 billion agreement with Turkey for the production of multi-purpose helicopters, Defense News reported Friday. Burak Ege Bekdil writes the United Technologies (NYSE: UTX) subsidiary will initially co-build 109 T-70 utility helicopters in partnership with Turkish Aerospace Industries. The T-70 is a variant of Sikorsky’s S-70 …

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Exelis to Repair and Modify Navy Minesweeper Systems; Dave Prater Comments

Exelis (NYSE: XLS) has won a $13 million, indefinite-delivery/indefinite-quantity contract from the Naval Surface Warfare Center Crane Division to provide maintenance, repair and modification services to its two airborne mine countermeasure systems with the U.S. Navy. The company said Monday it will work on the Airborne Mine Neutralization System and …

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BAE Wins $540M to Maintain USAF Space Radar System; Tom White Comments

BAE Systems will continue to maintain the U.S. Air Force Space Command’s space radar system for missile threat detection and surveillance operations under a contract extension worth nearly $540 million. The company will manage and operate the Solid State Phased Array Radar System, which works to monitor various objects in …

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Navy Explosive Division Picks 7 Companies for $232M Development, Prototyping IDIQ

Seven companies will compete for task orders to perform development and prototyping work for a U.S. Navy anti-explosive weapon office under a potential $232, 897, 406 contract. The Naval Surface Warfare Center’s Indian Head Explosive Ordnance Disposal Technology Division solicited the bids through a competitive process via the FedBizOpps website, the Defense Department …

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CenturyLink Board OKs 2-Year, $1B Share Buyback Plan

CenturyLink‘s (NYSE: CTL) board of directors has approved a plan to repurchase up to $1 billion of the company’s common stock over the next two years. The company intends to fund the purchases with free cash flow generated by the business and start the new initiative after completing its current …

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Deloitte Forms New Healthcare Analytics Business Unit; Brett Davis Comments

Deloitte Consulting LLP has formed a new data analytics business unit with an investment of between $150 million and $200 million in life sciences and healthcare analytics. The ConvergeHEALTH business is organized to integrate consulting into analytics, data, services and operating models, Deloitte said Thursday. Brett Davis, a Deloitte Consulting principal …

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ASRC Federal Wins $110M Extension for NASA Goddard Contract; Paul Dillahay Comments

ASRC Federal Space and Defense has won a two-year extension to its Multidiscipline Engineering and Technology Services II contract with NASA for a $110 million maximum value. ASRC Federal said Thursday the bridge contract continues its systems engineering support and other services for the James Webb Space Telescope and various missions …

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John Fratamico: Leidos to Help Stratcom With War Planning

Leidos (NYSE: LDOS) has been awarded a potential $35 million contract to design and maintain software programs for U.S. Strategic Command to plan combat missions. The single-award, indefinite-delivery/indefinite-quantity contract contains one base year, a six-month final period and four one-year options, Leidos said Thursday. Stratcom works with other military commands …

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