Tag Archives: Leonardo

European conglomerates Leonardo and Thales are considering a joint bid to buy Maxar Technologies (NYSE: MAXR) subsidiary that develops technology for space and terrestrial applications, Reuters reported Tuesday. Leonardo CEO Alessandro Profumo cited satellite antenna technology as a technology area of interest in MDA.

Italy-based conglomerate Leonardo has moved to combine three divisions into a new electronics division as part of growth efforts in the defense and security technology market. Leonardo said Thursday the new business will consolidate the firm’s land and naval defence electronics, airborne and space systems and defense systems businesses. The …

Boeing (NYSE: BA) has won a potential 13-year, $2.38B contract to replace the U.S. Air Force’s fleet of UH-1N Huey helicopters. The company said Monday it will deliver and maintain up to 84 MH-139 helicopters and provide training devices and related support equipment for the aircraft. MH-139 is based on the Leonardo-built AW139 helicopter that …

Leonardo DRS’ network and imaging systems business has received two contracts worth a total of $344.3M to procure a lightweight laser designator rangefinder and provide support services for the Maintenance Support Device Version 4 Light system. The Defense Department said Friday the company will perform work under the rangefinder contract …

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

Canada has named five aerospace companies that have been asked to participate in a potential $15 billion competition to produce 88 new fighter planes, Defense News reported Friday. Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus, Dassault and Saab have been included in a list of approved suppliers that will …

TYSONS CORNER, VA, Jan. 2, 2018 — Boeing (NYSE: BA), Fights on Logistics, Leonardo, Lockheed Martin (NYSE: LMT) and Saab have expressed interest to take part in Poland’s tender process for the procurement of new fighter jets by 2025, ExecutiveBiz reported Friday. Defense News reported Thursday the Polish defense ministry received the …

BAE Systems has secured a potential $6.69 billion contract to supply Qatar’s air force with 24 Eurofighter Typhoon multirole fighter jets. The company said Sunday it expects to start deliveries in late 2022 and will also provide in-service support and initial training services as a prime contractor on the contract. A consortium composed of BAE, …

Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign …

BAE Systems has announced plans to eliminate its U.K. and international platforms and services operating groups as part of a reorganization effort that will take effect on Jan. 1. The company said Tuesday it will consolidate its military air and information business, its interest in the MBDA joint venture as …