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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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LeoLabs has raised $4 million in a funding round to support an expansion of its cloud-based space debris and satellite tracking service. The investment round engaged global investors such as SRI International, Horizons Ventures and Airbus Group‘s early-stage investment arm Airbus Ventures, LeoLabs said Monday. LeoLabs will use the funds to expand its ground-based radar infrastructure and support engagements with commercial and government […] More
Poland plans to acquire 16 new helicopters in 2017, including two Sikorsky-made Black Hawk aircraft, to replace the country’s Mil Mi-8, Mi-14 and Mi-17 fleet, Defense News reported Friday. Polish Defense Minister Antoni Macierewicz said the Black Hawks could be delivered in March and the next 14 helicopters will be chosen among offers from Lockheed Martin, Leonardo and Airbus, Jaroslaw […] More
CAE has reported defense contracts worth a combined value of approximately $134.1 million that cover new simulation products, simulator updates and training support services for global military customers. CAE said Tuesday the contracts include a deal with Babcock France to support pilot training of the French air force and orders from Airbus for a new C295 full-flight simulator to be […] More
Tim Paynter, director of communications at Northrop Grumman, has been selected to succeed the retiring Randy Belote as vice president of strategic communications. Paynter’s appointment will take effect Jan. 21 and he will report to Lisa Davis, corporate VP of communications, Northrop said Wednesday. Paynter will serve as the firm’s principal spokesperson, oversee media coverage […] More
A new Wise Guy Reports analysis predicts the global military satellite market will reach a compound annual growth rate of 5.6 percent from 2016 through 2020, buoyed by growing military demand worldwide for robust C4ISR systems. Wise Guy Reports said Monday it expects the C4ISR systems to also grow in light of the rising demands […] More
The European Space Agency has partnered with Thales Alenia Space to carry out the final stage of activities for the ExoMars 2020 — a joint mission of ESA and its Russian counterpart to explore life on Mars. Thales Alenia Space will design the ExoMars mission and lead a European industrial consortium under a contract with ESA, Thales said Friday. The ExoMars 2020 spacecraft […] More
Poland is considering whether to buy Sikorsky-built S-70i Black Hawk helicopters through the aircraft manufacturer’s locally-based subsidiary PZL Mielec, Flightglobal reported Monday. Bartosz Glowacki writes Antoni Macierewicz, Poland’s defense minister, said that he met with Mielec’s chief executive and the government looks to finalize a procurement deal by the end of the year. Macierewicz added the acquisition will be open to all interested manufacturers […] More
Germany has announced plans to procure between four and six Lockheed Martin-built transport planes following delays in the delivery of the Airbus Group-built A400M military cargo aircraft, Marketwatch reported Tuesday. Robert Wall writes Ursula von der Leyern, Germany’s defense minister, has signed a declaration of intent to acquire the Lockheed C-130J transport planes under the same pool of aircraft that […] More
Marc Allen, president of Boeing’s international business, has said Canada is evaluating data from five potential contractors that could help replace the country’s fleet of CF-18 aircraft, Reuters reported Monday. Leah Schnurr writes Canada requested information such as aircraft features and economic factors from Boeing, Lockheed Martin, Saab, Dassault Aviation and the Eurofighter Typhoon consortium comprised of BAE Systems, Leonardo-Finmeccanica and Airbus Group. […] More
Indonesia’s air force has received a CAE-built C-130H full-mission simulator previously in-service with Australia’s air force as part of a government-to-government agreement signed years ago. CAE said Wednesday that Indonesia bought nine used C-130 Hercules transport planes along with the flight simulator and five of the airlifters were delivered by an Airbus Group subsidiary as the prime contractor for the aircraft […] More
A Grand View Research report predicts the global military radar market will reach $13.78 billion in value by 2024 due to an increasing demand for border safety. The use of radar technology in weapon guidance, air traffic control and collision avoidance systems is also projected to drive market growth, Grand View Research said Thursday. The projected growth will also be driven by a demand for […] More
CAE has received contracts valued at approximately $77 million to provide flight simulation products and training services in support of military clients. The company said Thursday the awards include two contracts from Lockheed Martin and an order from L-3 Communications‘ L-3 MAS subsidiary to support the U.K.’s Military Flying Training System program and the Canadian air force. “We are particularly […] More
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