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Tag Archives: risk reduction

Northrop, NASA Test 2 Webb Telescope Components’ Electrical Interfaces

TYSONS CORNER, VA, October 4, 2018 — Northrop Grumman (NYSE: NOC) has collaborated with NASA to check the operability of electrical interfaces linking two James Webb Space Telescope components as part of the program’s test and integration phase, ExecutiveBiz reported Wednesday. The company said Tuesday Webb’s Optical Telescope element/Integrated Science instrument module and Spacecraft …

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UTC Gets $437M Air Force Contract Modification for Engine Risk Reduction Work

United Technologies Corp. (NYSE: UTX) has received a $436.7M contract modification from the U.S. Air Force to execute risk reduction efforts related to air superiority applications of a flight-weight adaptive engine. The modification falls under a previously awarded contract that covers the design, development, fabrication and test of next-generation propulsion technology, the …

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GE Lands $437M Air Force Contract Modification for Engine Risk Reduction Support

General Electric‘s (NYSE: GE) aviation business has received a $437 million contract modification to help the U.S. Air Force implement risk reduction methods for a new propulsion technology. The company said Monday GE Aviation collaborated with the service branch in efforts to mature cycle engine technologies and architectures as part of the Adaptive Versatile …

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Lockheed, Rockwell Collins Win Airborne Launch Control Replacement Tech Maturation Contracts

Lockheed Martin (NYSE: LMT) and Rockwell Collins (NYSE: COL) have won three-year contracts from the U.S. Air Force to perform risk reduction and technology maturation work on a platform designed to replace the service’s aerial launch control system. The military branch awarded an $80.7 million contract to Lockheed’s space systems …

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Boeing, Northrop Win $678M in USAF Contracts for Ground-Based ICBM Tech Maturation Work

The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah received three bids for …

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Harris to Supply Falcon III Radios for Army Test Program

TYSONS CORNER, VA, Aug. 7, 2017 — Harris (NYSE: HRS) will supply multichannel handheld, manpack and small form-fit radios to the U.S. Army to undergo evaluation as part of a risk reduction and operational test program, ExecutiveBiz reported Friday. The company said Thursday the delivery order calls for Falcon III AN/PRC-158 radios that …

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Air Force Procures 2 Boeing 747s for Presidential Aircraft Recapitalization Program

Boeing (NYSE: BA) has received a contract modification from the U.S. Air Force to convert a pair of 747-8 aircraft into presidential planes, the Air Force reported Friday. The contract award came a year after Boeing secured a potential $127.3 million contract modification to continue to perform risk reduction efforts for the Presidential …

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Lockheed to Develop Prototype Missiles Under $74M Army LRPF Phase 2 Contract

Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army’s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in …

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Raytheon Gets $116M Army Contract to Begin LRPF Missile Tech Maturation Work

Raytheon (NYSE: RTN) has secured a potential $116.4 million contract from the U.S. Army to begin work on the Long-Range Precision Fires missile program under the technological maturation and risk reduction stage. The technology maturation phase covers tests of missile components to ensure that the LRPF platform is ready to …

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AECOM, IBM Help Develop Local Gov’t Disaster Resilience Scorecard for UN

TYSONS CORNER, VA, May 25, 2017 — AECOM (NYSE: ACM) and IBM (NYSE: IBM) have partnered to develop a scorecard for the United Nations that works to guide local governments in efforts to drive resilience and preparedness against natural disasters, ExecutiveBiz reported Wednesday. IBM said Tuesday the team built the Disaster …

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