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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Raytheon has landed a $72.4M contract to produce fire control system equipment for the U.S. Navy‘s Aegis Weapon System. The company will modernize the MK 99 fire control system and provide related engineering services under the firm-fixed-price, cost-plus-fixed-fee contract, the Department of Defense said Wednesday. The Navy will initially obligate $22.9M in fiscal 2018 shipbuilding, […] More
Some executives at Northrop Grumman, Raytheon and Textron have said the U.S. military’s ongoing efforts to modernize warfighter readiness have increased opportunities for industry to offer virtual and augmented reality training systems, National Defense Magazine reported Thursday. Corey Hendricks, chief engineer of global training solutions at Raytheon, noted the company integrated VR and AR tools with mobile platforms […] More
A Raytheon vice president has urged defense companies and agencies to modify their approaches to recruit, identify and retain employees who possess science, technology, engineering and math skills, Signal Magazine reported Wednesday. “For years, we’ve heard about the challenge that we don’t have enough college students that are going to study … STEM,” said Barbara […] More
Dennis Muilenburg, CEO of Boeing, has said the company invests money and effort to develop technology concepts with the goal to accelerate capability for customers when pursuing contracts, USNI News reported Thursday. Muilenburg told analysts Wednesday at a conference call projects to build the U.S. Navy‘s MQ-25 Stingray unmanned aircraft and the U.S. Air Force‘s […] More
Raytheon has completed initial design work under the U.S. Army’s Lower Tier Air and Missile Defense Sensor competition. The company said Monday it will proceed to the technology maturation and risk reduction phase of the LTAMDS program with the goal to demonstrate a fully operational radar array and eventually an integrated prototype. Under the program, the firm aims […] More
Raytheon has secured a potential five-year, $59.7M logistics contract from the U.S. Navy to support forward-looking infrared thermal imaging systems for CH-53 and V-22 aircraft. The Defense Department said Wednesday that the service branch will issue the first delivery order upon awarding the performance-based contract, which has a base value of $16M. The Naval Supply […] More
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