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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Orbital Insight has raised $20 million in total funds for the development of algorithms that work to analyze satellite and unmanned aerial vehicle-based imagery in order to generate data-driven insights for use in decision making. The Palo Alto, California-based company secured $15 million in a GV-led funding round and another $5 million through a development […] More
A team comprising General Dynamics, DRS Technologies and Leonardo-Finmeccanica will build a training facility in Comox, British Columbia if the team wins a $3 billion contract to build search-and-rescue aircraft for Canada. Former Canadian Air Force chief Steve Lucas told a press conference that Team Spartan offers to construct a 73,000-square-foot building to serve as the location for the group’s […] More
Piedmont Propulsion Systems has been selected to overhaul and repair the propeller systems installed on the U.S. Coast Guard’s fleet of HC-144A Ocean Sentry aircraft. The company will maintain the Hamilton Sundstrand-made 14RF propellers of HC-144A planes for the service branch under the five-year contract, PPS said Friday. “We’re very proud to be able to serve the USCG’s very important mission […] More
A Lockheed Martin official has said that Lockheed plans to incorporate pricing based on Poland’s currency, combat training and weapons into Sikorsky’s new proposal to produce 50 helicopters should the Polish government decide to cancel a $3 billion provisional deal with Airbus Group. Steve O’Bryan, head of business development mission systems and training business at Lockheed, told […] More
United Technologies Corp. will establish a new facility in Foley, Alabama to accommodate manufacturing and nacelle assembly activities of UTC’s aerospace systems segment. The 80,000-square-foot building will be built to serve as the assembly area for nacelle components and house the propulsion system integration work in support of the Airbus A320 aircraft, UTC said Tuesday. UTC expects the […] More
CAE has been awarded a contract from Australia’s defense ministry to develop a C-130J fuselage cargo compartment trainer for that country’s air force. The company said Wednesday CAE Australia will deliver the fuselage trainer to RAAF Base Richmond in 2018 to help support training of C-130J loadmaster aircrews in loading and unloading C-130J Hercules aircraft cargo. The Australian air force award is one […] More
MarketsandMarkets‘ new report on the global counter-drone systems market states that the anti-drone industry is projected to reach $1.14 billion by 2022 and achieve a 23.89 percent compound annual growth rate from 2017 to 2022. ReportLinker said Monday counter-drone systems, particularly electronics systems, will play an increasingly significant role in the coming years to fight illegal drone activity. Incidences of security breach, […] More
CAE has secured multiple contracts worth a combined $250 million to deliver full-flight simulators and training services to various civilian aviation customers globally. The company said Monday it will support pilot and technician training programs of more than 10 business aircraft operators in the U.S., Asia, Europe and the Middle East. A North American operator awarded CAE a four-year contract to help train its […] More
CAE has received contracts worth approximately $71.7 million combined to provide cadet-to-captain training services and training equipment to five international commercial airlines. The company said Monday the contracts include cadet and pilot training for China’s Shenzhen Airlines, Japan’s Spring Airlines and a European customer. CAE will also supply three A350 full-flight simulators, one Boeing 787 FFS, one A350 flight training device […] More
A joint venture of Thales Group and Finmeccanica has delivered the test model of the Orion spacecraft’s European Service Module to NASA’s testing facility in Ohio for further structural design tests. Thales Alenia Space performed initial tests on the structural test model of ESM at its facility in Turin, Italy, prior to the shipment, Thales […] More
The competition for new fighter jets to replace Canada’s CF-18 fleet faces a refresh as the Liberal party prepares to take over government on Nov. 4, Reuters reported Monday. Randall Palmer writes that incoming Prime Minister Justin Trudeau has ruled out the purchase of Lockheed Martin‘s F-35 and indicated plans to place savings onto naval ships. Other bids on […] More
A Transparency Market Research report says worldwide cyber weapons could grow into a $521.9 billion market, largely because of government organizations’ efforts to secure critical infrastructure assets. The market intelligence firm said Tuesday defense and intelligence agencies use cyber weapons to deal with adversaries who conduct espionage, data theft and information technology sabotage activities. Defense cyber weapons generated nearly […] More
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