Unmanned aircraft system manufacturing company AeroVironment (Nasdaq: AVAV) has agreed to acquire Arcturus UAV in a cash-and-stock transaction valued at approximately $405M as part of efforts to expand into adjacent segments and broaden UAS portfolio and customer footprint. “We are excited about the opportunities for value creation through our acquisition of Arcturus UAV, which will enable us to accelerate our growth strategy and expand our reach into the more valuable Group 2 and 3 UAS segments,” said Wahid Nawabi, president and CEO of AeroVironment.
Read More »Gerry Fasano, President of Leidos Defense Group, Receives First Wash100 Award From Executive Mosaic CEO Jim Garrettson
Gerry Fasano, president of Leidos’ defense group, was presented his 2020 Wash100 Award for the first time in his long career in the government contracting (GovCon) sector. Fasano received his first Wash100 Award from Jim Garrettson, founder and CEO of Executive Mosaic, on Thursday. Visit the Wash100 site to learn about the other 99 winners of the 2020 Wash100 Award.
Read More »SOCOM Solicits Proposals for Geospatial Analytic Support Services II Contract
U.S. Special Operations Command has issued a request for proposals for a follow-on contract for support services to help process, disseminate and exploit geospatial intelligence from traditional and nontraditional datasets.
Read More »Leidos to Support SOCOM Tactical Airborne Mission Under $649M Task Order; Gerry Fasano Quoted
TYSONS CORNER, VA, August 21, 2020 — Leidos (NYSE: LDOS) will continue to help the U.S. Special Operations Command manage tactical airborne multisensor platforms through a five-year, $649M task order awarded under the U.S. Army's Responsive Strategic Sourcing for Services contract vehicle, ExecutiveBiz reported Aug. 10.
Read More »Sierra Nevada Gets $700M SOCOM Contract to Build RF Countermeasure Tech
Sierra Nevada Corp. has secured a potential $700M contract from Special Operations Command to manufacture radio frequency countermeasure systems for protecting aircrews from radar and missile threats.
Read More »SOCOM Plans Solicitation, Industry Day for Follow-On Geospatial Analysis Contract
The U.S. Special Operations Command has issued a draft request for proposals for the second iteration of its contracting program seeking contractor support to analyze geospatial intelligence from traditional and nontraditional data sources.
Read More »SOCOM Begins Market Research for Global Analytics Platform
U.S. Special Operations Command has released a request for information on potential contractors that could provide support services for its Global Analytics Platform. A notice published Friday says USSOCOM intends to award a single- or multiple-award, indefinite-delivery/indefinite-quantity contract for the GAP program with a ceiling value of between $300M and $600M and an ordering period of five to 10 years.
Read More »Polaris Unit Wins $109M Contract to Manufacture Light Tactical Vehicle for SOCOM
Polaris' (NYSE: PII) government and defense business has won a potential seven-year, $109M contract from the General Services Administration to build an all-terrain light tactical vehicle platform for the U.S. Special Operations Command.
Read More »Cubic Moves Tampa Operations to New Office Space; Mike Twyman Quoted
Cubic’s (NYSE: CUB) mission solutions business has transferred its Tampa operations in Florida to a larger office in the city to advance growth initiatives and further support U.S. military clients through the delivery of command, control, communications, computers, intelligence, surveillance and reconnaissance technology platforms.
Read More »USMI Lands $108M SOCOM Watercraft Production IDIQ; Barry Dreyfus Quoted
United States Marine Inc. has secured a potential five-year, $108M contract to build combatant craft assault boats for the U.S. Special Operations Command.
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