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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Rob Weiss, a Lockheed Martin executive, has said the company could deliver training aircraft three years earlier than 2024 that would help the U.S. Air Force save $1 billion in training and maintenance costs over a six-year period, Defense One reported Thursday. Marcus Weisgerber writes Weiss, executive vice president and general manager of advanced development programs […] More
MBDA has appointed Pasquale Di Bartolomeo, Dave Armstrong and Gianni Bongianni to new roles within the company in a series of executive appointments. The company said Monday Di Bartolomeo, executive group director for strategy, will take the additional role of managing director of MBDA Italia as successor to Antonio Perfetti, effective immediately. Di Bartolomeo was with Leonardo-Finmeccanica prior to joining MBDA in […] More
A report from research firm Visiongain estimates that global revenue for military land vehicle electronics will reach $3.3 billion this year. The company’s “Military Land Vehicle Electronics Market Report 2016-2026” report also predicts that technology development efforts will help drive sales growth for the sector over the next 10 years, ReportBuyer said Monday. Vistronics also forecasts China will experience a significant increase […] More
A team composed of Lockheed Martin, MBDA Deutschland and Leonardo-Finmeccanica has submitted a final proposal to the government of Germany to compete for the development of the Medium Extended Air Defense System, Defense News reported Tuesday. Jen Judson writes Richard Edwards, executive vice president of Lockheed’s missiles and fire control business, told Defense News that the […] 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
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
Britain-based industrial team UK Dragonfire will conduct the Laser Directed Energy Weapons Capability Demonstrator under a potential $39.2 million deal with the U.K.’s ministry of defense. MBDA said Friday the group will look to mature the country’s high energy laser weapon systems capacity as well as technologies for a high energy defensive laser weapon system that can engage with targets […] 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
Lockheed Martin and Elbit Systems have partnered to compete for a contract to update the U.K. army’s fleet of Challenger 2 tanks. The U.K. subsidiaries of Lockheed and Elbit Systems will submit a bid to the U.K. defense ministry to extend the British army’s main battle tanks through 2035 under the Life Extension Project, Lockheed […] More
The U.K. military has selected MBDA to demonstrate a capacity to field laser-directed weapons that can potentially urge the country’s navy and other services to utilize similar systems, Defense News reported Sunday. Andrew Chuter writes MBDA leads a bid team called UK Dragonfire that includes BAE Systems, Leonardo-Finmeccanica, Marshall Defense and Aerospace and Qinetiq to develop a solid state high power demonstrator weapon […] More
A new Research and Markets report forecasts the global security robots market to grow to $2.36 billion by 2022 at a compound annual growth rate of 8.56 percent. Research and Markets said Thursday that geopolitical crises, territorial conflicts and adoption of unmanned systems drive the global market for security robots. The report noted that the […] 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
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