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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan to either sell or spin […] More
A new report from ASDReports expects advancements in sensor technologies to influence the military electro-optic/infrared systems market in the coming years. The market analyst said EO/IR systems will register a year-over-year growth of 7.71 percent to become a $16.35 billion industry by 2020, driven by increased use in surveillance operations and as part of a close in weapons system. […] More
NASA took the first step Friday in what it hopes to be a new era for human space exploration as the agency sent the Orion capsule into a nearly four-hour orbit to evaluate its potential for future missions via Boeing‘s Space Launch System. Engineers for NASA and Orion constructor Lockheed Martin focused much of their attention […] More
CAE said Tuesday it has delivered the U.S. Army’s first UH-72A flight training device at Fort Rucker, Alabama, months ahead of schedule. The UH-72A FTD has a wide display powered by the CAE Medallion-600 image generator, and is fitted with a motion/vibration seat and a database comparable to government-owned systems, according to the company. “We […] More
The Airbus Group‘s defense and space division and Textron have teamed to bid for a future tender offer by the French government for unmanned aerial vehicle technology, C4ISR & Networks reported Thursday. Pierre Tran writes the tender is expected in the second half of 2014 for awarding in 2015, with the Airbus Textron team facing competition from Safran‘s Sagem […] More
John Schumacher serves as the vice president for business relations of GenCorp, the parent of Aerojet General Corp., where he handles the growth plans of the company’s government-related aerospace and defense business. Schumacher also supports Warren Boley, Aerojet president, and the subsidiary’s operations in Washington. He has previously served as Aerojet vice president of Washington […] More
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