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Tag Archives: u.k.

Advent International Commits to Address UK Concerns Over $5B Cobham Deal

The U.K. government is likely to approve a deal for Advent International to acquire aerospace and defense contractor Cobham after the Boston-based private equity firm proposed several measures to address potential national security risks from the combination, Reuters reported Tuesday.

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Lockheed Gets $148M Order to Test F-35B Durability for Marine Corps, non-DoD Clients

Lockheed Martin (NYSE: LMT) has received a $148.4M order to support durability tests on F-35B jets belonging to the U.S. Marine Corps and non-Department of Defense participants in the fighter aircraft program. The company will conduct tests needed to certify the short takeoff/vertical landing variant to reach a 30-year service life, DoD said Friday.

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Nuclear Industry Vet David Batters Appointed AECOM SVP, Int’l Sector Lead; John Vollmer Quoted

David Batters, formerly group chief financial officer at the U.K. Nuclear Decommissioning Authority, will serve as AECOM’s (NYSE: ACM) senior vice president and international sector lead for nuclear and environment strategic business unit within the company’s management services group, starting Sept. 1.

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Lockheed Gets $560M Modification on Trident II D5 Missile Production, Support Contract

Lockheed Martin (NYSE: LMT) will continue to manufacture submarine-launched ballistic missiles for the U.S. Navy and the government of U.K. under a four-year, $559.6M contract modification. The company will also support both countries’ deployed Trident II D5 missile systems, the Department of Defense said Thursday. The Navy will obligate $421.8M in …

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Boeing Lands $2.4B Contract Modification for Lot 10 P-8A Maritime Patrol Aircraft Production

Boeing (NYSE: BA) has received a $2.46B contract modification to manufacture and deliver 19 lot 10 P-8A maritime patrol aircraft units to the U.S. Navy as well as Norway and the U.K. under the foreign military sales program. The company will also implement a 4 SilverBlock engineering change proposal for the …

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Progeny Gets Potential $303M Navy Contract to Produce Lightweight Torpedo Kits

Progeny Systems has landed a potential four-year, $303.1M contract to produce MK54 Mod 1 lightweight torpedo kits and provide complementary test tools, spares and technical services for the U.S. Navy and foreign military sales customers. The contract has a $40.6M base value and would reach its maximum potential value if …

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BAE Lands $3.2B in Nuclear-Power Submarine Contracts With UK Defense Ministry

BAE Systems has received contracts worth approximately $3.2 billion from the U.K. government to support development work on nuclear-powered submarines. The company said Monday it will produce and deliver the seventh Astute-class submarine, HMS Agincourt, under a potential $2 billion contract. BAE also received a potential $1.2 billion contract to …

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