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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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U.S. Air Force Maj. Gen. Dwyer Dennis has said a budget-related postponement of the T-X trainer replacement initiative allowed the military service to rethink the program’s acquisition and requirements process, Aviation Week reported Monday. Amy Butler writes Dennis, director of global reach programs in the Air Force’s office of the assistant secretary for acquisition, told […] More
A new Strategic Defense Intelligence report projects the global unmanned aerial vehicle market’s compound annual growth rate at 5.66 percent from 2015 through 2025, with autonomous combat vehicles to dominate the market. The report predicts North America and Europe to account for more than 67 percent of the UAV market over the next 10 years, ReportsnReports […] More
A new Research and Markets report predicts the global military rotorcraft market to hit $27.3 billion by 2025 from $21.1 billion in 2015, with Asia-Pacific countries to dominate the spending landscape. Investments from the Asia Pacific will account for 33 percent of rotorcraft spending worldwide during the forecast period, followed by North America with a 29-percent share, Research and […] More
The Northrop Grumman-led team of contractors in a competition to build a new trainer jet for the Air Force will offer a new airplane design for the $1 billion program, Aviation Week reported Friday. Amy Butler writes Northrop’s Scaled Composites subsidiary will work on the design for the intended T-38 replacement jet and aims to conduct the first flight […] More
CAE has secured four training systems contracts totaling $103.3 million from global defense clients, as group president for defense and security Gene Colabatistto reiterates the company’s focus on its integrated training solutions portfolio. The company said Wednesday its new contracts are to provide or upgrade training and visual systems for the New Zealand, German and Iraqi air force, as well […] More
Lockheed Martin, the global aerospace and security giant, is also one of the leading federal defense contractors in the industry. With their longstanding business relationship with defense departments, Lockheed Martin has completed countless projects and programs that fortified the nation’s defenses and boosted the warfighting capabilities of the country. To effectively service its customers in […] More
The U.S. Air Force has begun integrating the first replacement wings Boeing manufactured for the fleet of Warthog attack planes under a potential $900 million contract awarded in August 2019. Boeing said Wednesday it completed the initial A-10 Thunderbolt II wing set delivery to Hill AF Base in Utah through a partnership with suppliers such […] More
The defense industry is a big global market, generating multi-billion contracts from the federal sector, foreign governments, and international customers. As the United States government is the single largest customer of goods and services, American companies top the list of the largest defense contractors in the world, supplying industry-leading weapons, electronic systems, and data analytics. […] More
Seattle-based aerospace company Spaceflight aims to send 71 satellites into sun-synchronous low earth orbit aboard a SpaceX-built Falcon 9 rocket as part of a rideshare mission later this year. The mission, dubbed SSO-A: SmallSat Express, will launch from Vandenberg Air Force Base and carry a payload of 15 microsatellites and 56 CubeSats developed by multiple domestic and international […] More
Korean Aerospace Industries has awarded Cobham‘s antenna systems business a contract to provide conformal antenna for South Korea’s future multirole fighter aircraft. The antenna suite is designed to provide communication, navigation and identification functionalities to the KF-X jet, Cobham said Oct. 17. David Bulley, vice president and general manager at Cobham Antenna Systems, noted the strategic […] More
As defense budget dollars continue to be treated like a precious metal, there is an increased importance placed on additional capabilities, the development of new technologies and an efficient acquisition system that benefits all the players involved. Sitting around this table discussing the past 20-30 years of acquisition reform is none other than the magnanimous […] More
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