Tag Archives: U.S. Air Force

L3 to Continue USAF B-2 Aircrew Training Support Under $120M Contract; Christopher Kubasik Quoted

L3 Technologies (NYSE: LLL) has secured a potential $120M contract to help the U.S. Air Force train aircrews of the B-2 Spirit bomber fleet. The company said Tuesday it will continue to support the B-2 Aircrew Training System for the military service to hone the skills of B-2 pilots and maintenance and weapons-loading personnel. Christopher …

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Lockheed Receives $90M Navy Contract Modification to Explore F-35 Cost Reduction Measures

Lockheed Martin (NYSE: LMT) has received a three-year, $90.3M contract modification from the U.S. Navy to identify and implement measures to reduce the cost of the F-35 air system. The company will aim to complete the cost reduction efforts by June 2022, the Department of Defense said Tuesday. The Navy, Air Force and …

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McAleese & Associates: Northrop Posts 16% Sales Growth Driven by Aerospace, Innovation Systems Segments

Consulting firm McAleese and Associates has released a report that provides an overview of the financial performance of Northrop Grumman (NYSE: NOC) during the fourth quarter and full year 2018. Northrop saw its 2018 sales jump 16 percent to $30B driven by sales growth at its innovation systems business and …

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McAleese & Associates: Boeing’s Defense Business Reports 13% Rise in 2018 Sales

A new report by consulting firm McAleese & Associates says Boeing’s (NYSE: GD) defense, space and security business posted $23.2B in 2018 sales, reflecting a 13 percent increase from the previous year. The BDS segment saw its 2018 backlog rise 30 percent to $57B driven by its “buy-in” strategy associated with …

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Boeing’s Leanne Caret Leads Handover of Two KC-46A Aerial Tankers to Air Force

TYSONS CORNER, VA, February 1, 2019 — Boeing (NYSE: BA) has rolled out two tanker aircraft from its Washington assembly facility for delivery to the U.S. Air Force as the company lines up eight others for customer acceptance trials, ExecutiveBiz reported Jan. 25. GeekWire reported Jan. 24 that Leanne Caret, …

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SAIC to Support Air Force Ground Infrastructure Under Potential $655M Contract

Science Applications International Corp. (NYSE: SAIC) will provide satellite ground system support to the U.S. Air Force’s Space and Missile Systems Center under a potential seven-year, $655M contact. The military service awarded the contract to Engility, which SAIC acquired through a $2.5B all-stock deal that closed just two weeks ago. SAIC will …

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Lockheed Gets $101M Contract Modification for USAF JASSM-ER Subsystem Design Changes

Lockheed Martin (NYSE: LMT) has received a $100.6M contract modification from the U.S. Air Force to design, develop, integrate and test subsystem design changes for the extended range variant of the Joint Air-to-Surface Standoff Missile system. The project will center on the JASSM-ER wings and chines and work under the modification …

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Raytheon to Help Northrop Secure, Sustain USAF Global Hawk Fleet; Todd Probert Quoted

TYSONS CORNER, VA, January 31, 2018 — A Raytheon (NYSE: RTN) business unit will support Northrop Grumman (NYSE: NOC) under a $65M subcontract to sustain an unmanned aircraft system that the latter built for the U.S. Air Force, ExecutiveBiz reported Jan. 24. As a subcontractor, Raytheon’s intelligence, information and services business will …

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Honeywell to Support Air Force C-5 Hardware, Software Under Potential $86M Contract

Honeywell International (NYSE: HON) has received a potential six-year, $85.7M contract to provide engineering services for the U.S. Air Force’s C-5 military transport planes. The Department of Defense said Tuesday the company will support aircraft hardware and software as part of the sole-source contract. USAF will obligate $9.3M in fiscal 2019 …

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Accenture to Develop Web-Enabled ERP System for Air Force HR Processes

TYSONS CORNER, VA, January 28, 2018 — Accenture‘s (NYSE: ACN) federal business will work to update the U.S. Air Force’s personnel management operations under a potential $49.4M task order for the Air Force Integrated Personnel and Pay System, ExecutiveBiz reported Thursday. The company said Thursday Accenture Federal Services will deploy a …

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