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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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The U.S. Navy has delivered three MH-60R Seahawk helicopters to Denmark as part of the second foreign military procurement of the multi-mission helicopters built by Lockheed Martin‘s Sikorsky subsidiary. The MH-60Rs were transported from Sikorsky’s William P. Gwinn Airfield aboard two C-17 aircraft bound for Karup air base in Denmark, the Navy said Wednesday. Denmark’s navy will […] More
Lockheed Martin has formed a new business unit after it completed the combination of energy platforms and related offerings that were previously aligned in various business areas. Lockheed Martin Energy will offer platforms across the areas of energy management, nuclear systems, energy storage, bio-energy and ocean technologies, the company said Tuesday. Frank Armijo, who has […] More
Erickson has offered investors an update on its support legacy aircraft programs through aircraft maintenance, refurbishment and parts manufacturing services. “We have more than 200 mechanics and engineers on our team at Erickson,” Kerry Jarandson, Erickson vice president of maintenance, repair and overhaul and manufacturing, said in a release Tuesday. Adams Communication & Engineering Technologies subcontracted Erickson in January […] More
CAE‘s U.S. business unit has received authorization from the U.S. Navy to begin technology refresh work on simulator and training systems for the service branch’s fleet of MH-60 Seahawk helicopters. The company said Wednesday the Navy gave the signal for CAE to proceed following the Government Accountability Office‘s decision over a bid protest on the MH-60R/S Tech Refresh […] More
Adams Communication & Engineering Technologies has selected Erickson to refurbish two U.S. Navy MH-53E Sea Dragon helicopters. Erickson will restore the MH-53E helicopters to service as part of the Navy’s heavy lift helicopter program, Erickson said Tuesday. The subcontract contains a one-year base period and another optional year, and the company will perform work at […] More
Ray Duquette, president and general manager of CAE‘s U.S. arm, has said the company builds simulation technology to replicate what the company believes will happen to pilots during military or commercial aircraft flights, the Tampa Tribune reported Saturday. “We do both training and mission rehearsal with multiple simulators networked,” Duquette told Tribune reporter Yvette Hammett in an interview. “We […] More
A Raytheon–Thales alliance has received a $65.8 million contract modification from the U.S. Naval Air Systems Command for the production of AN/AQS-22 Airborne Low Frequency Sonar systems, Military & Aerospace Electronics reported Monday. John Keller writes the team will supply 20 AN/AQS-22s to the U.S. Navy and another two systems to the Saudi Arabian military. The system consists of […] More
Richard Harris, a vice president at Bell Helicopter, has said a tiltrotor platform the company is developing for the U.S. Army has caught the interest of the U.S’ three other military service branches, Air Force Times reported Wednesday. Lara Seligman writes Harris told the publication Bell is in talks with the U.S. Navy and Air Force […] More
A new PwC report says the value of merger and acquisition deals in the global aerospace and defense sector reached $52 billion in the third quarter of this year alone, surpassing the M&A deal value the sector has recorded for any full year. According to PwC’s Mission Control report, significant deals in the sector during the […] More
Lockheed Martin has delivered Denmark’s first order of the Sikorsky-built MH-60R helicopter to the U.S. Navy ahead of a scheduled series of tests. The company said Thursday the helicopter is the first of nine planned MH-60R purchases by Denmark to support search-and-rescue, surveillance, anti-surface warfare and anti-piracy operations. The MH-60R will undergo validation tests on the configuration modifications before the Navy delivers […] More
A new Visiongain report forecasts the global military aircraft maintenance, repair and operations market will hit $49 billion in value in 2015. Visiongain said Friday the increasing adoption of new fighter aircraft among tier-one market players would spur growth in the industry. The 2015-2025 forecast covers maintenance aspects in operations and field, heavy airframe, heavy engine, […] More
Lockheed Martin will retain its government cybersecurity business as the company looks to potentially separate many of its information technology and technical services segments, CEO Marillyn Hewson told Defense News in an interview posted Monday. The company’s commercial cyber business is part of Lockheed’s IT and technical services business review, she said. “Market dynamics and changing customer priorities have made it clear that these […] More
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