Tag Archives: USSOCOM

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.

General Electric’s (NYSE: GE) aviation business has secured a potential seven-year, $126.5M contract to provide life cycle support for YT706-GE-700 turboshaft engines that power U.S. Special Operations Command aircraft.

L3Harris Technologies (NYSE: LHX) has received an $82M order to manufacture Falcon IV AN/PRC-167 radios for the U.S. Special Operations Command's Next Generation Tactical Communications program.

U.S. Special Operations Command has awarded three companies five-year contracts worth potentially $780M combined to provide equipment and technical assistance for designated intelligence, surveillance and reconnaissance activities.

The Navy has continued to accelerate acquisition channels, modernize emerging technologies and increase research and development to become more effective in warfare. As the Navy continues to evolve to meet the growing demands, challenges still remain. Today, Potomac Officers Club will host its 2020 Navy Forum virtually! To register for the 2020 Navy Forum, and view upcoming events, visit Potomac Officers Club’s Event Page.

Battelle has been awarded a $140M contract modification to produce another nonstandard commercial vehicle platform for U.S. Special Operations Command to address an “emergent” requirement.

CAPT Frank Futcher, NavalX director with the U.S. Navy, will serve as a panelist during Potomac Officers Club’s 2020 Navy Forum on September 30th. Futcher is a career Navy Supply Officer and currently assigned to the office of the Assistant Secretary of the Navy for Research, Development and Acquisition. Click here to register for the 2020 Navy Forum!

Jim Garrettson, founder and CEO of Executive Mosaic, presented Michael Conlin, chief business analytics officer for the US Department of Defense (DoD), with his first Wash100 Award on Tuesday. Executive Mosaic has given the most prestigious award in all of government contracting (GovCon) to Conlin for his pushing data science in the defense department and working to improve talent recruitment to shift DoD’s culture.

A Cubic (NYSE: CUB) subsidiary has secured a five-year, $172M contract from the U.S. Special Operations Command to produce inflatable satellite ground terminals designed to receive and transmit data and voice communications.

Raytheon Technologies' (NYSE: RTX) Collins Aerospace business has secured a $126M contract to research, develop, build and sustain common avionics architecture systems for the U.S. Special Operations Command.