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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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CAE has announced $117.5 million in contract awards that cover aircraft simulation and training platforms for the U.S. Army, the U.S. Navy and two international defense customers. The company said Tuesday its defense and security business booked the contracts during the first quarter of the company’s 2016 fiscal year. “Our focus on being a training systems integrator has enabled […] More
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
A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the EO/IR market, particularly in the […] 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
Peter Beange, a more than 30-year defense and aerospace industry veteran, has joined Northrop Grumman as director for the company’s European commercial business unit. He will be based in London and aim to guide the organization in developing contracting, supply chain, capture and customer service strategies in the European market, Northrop said Tuesday. Andrew Tyler, […] More
ATK and the King Abdullah II Design and Development Bureau have partnered for base configurations of the medium AC-295 gunships for the Hashemite Kingdom of Jordan. Two lightweight gunships were recently delivered based on the Airbus CN-235 transport aircraft model to Jordan, said ATK. “We are extending the Kingdom’s investment in the AC-235 through the […] 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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