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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A United Technologies Corp. subsidiary has won a subcontract from Boeing to continue to produce landing gear systems for integration with the U.S. Air Force’s C-17 Globemaster III aircraft and AH-64E Apache helicopters. UTC Aerospace Systems said Tuesday work on the contract is scheduled to conclude in 2018. The UTC subsidiary secured a contract in 2014 to […] More
A business unit of United Technologies Corp. has handed to the U.S. Navy the first sonar dome window for integration with the service branch’s cruisers, destroyers and other vessels under a five-year contract. The UTC Aerospace Systems-built rubber-based sonar dome window works to protect the naval ship’s sonar transducer array and help the vessel detect […] More
A new PwC report says the value of merger and acquisition deals in the global aerospace and defense sector reached $52 billion in the third quarter of this year alone, surpassing the M&A deal value the sector has recorded for any full year. According to PwC’s Mission Control report, significant deals in the sector during the […] More
The gap between the market values of commercial aerospace and defense and government services companies narrowed during 2015’s second quarter, according to a Bluestone Capital Partners report. The investment banking firm said it found the number of government services transactions rose 28 percent year-to-date and an improvement in public company valuations helped drive initial public […] More
United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan to either sell or spin […] More
The Newport News Shipbuilding arm of Huntington Ingalls has selected United Technologies Corp. to supply the composite components for the next 10 Virginia-class nuclear attack submarines. UTC said Wednesday the company is tasked to deliver bow dome, rubber boot and various external fairing structures through 2020 under the agreement. Marc Duvall, president of UTC’s aerostructures segment, said […] More
United Technologies Corp.’s aerospace systems business unit has been awarded a five-year contract to supply high frequency acoustic windows for submarines to the U.S. Navy. UTC Aerospace Systems will make the delivery through 2020 under the indefinite-delivery/indefinite-quantity contract, UTC said Monday. The company’s engineered polymer products team will produce the systems at its facility in Jacksonville, Florida, […] More
United Technologies Corp. CEO Gregory Hayes has said the possible spinoff of UTC’s Sikorsky Aircraft unit aims to strategically position the standalone helicopter company and the commercial aerospace and buildings business, he told CNBC in an interview aired Thursday. Tom DiChristopher writes UTC’s board of directors authorized a review of options for Sikorsky earlier this week, including the potential tax-free […] More
A United Technologies Corp. subsidiary will produce materials for the environmental control and life support system of a crew capsule Boeing is building under a $4.2 billion contract with NASA. UTC Aerospace Systems will design, build and manufacture ECLSS components for Boeing’s CST-100 spacecraft and is scheduled to deliver the hardware in 2016, UTC Aerospace […] More
A United Technologies Corp.‘s business unit will push forward the design and development of an energy system for the Office of Naval Research‘s Long Endurance Undersea Vehicle Propulsion program. As part of the program’s next phases, UTC Aerospace Systems will create an energy system for an unmanned undersea vehicle using proton exchange membrane fuel cells to replace current […] More
Image by Kristi Blokhin from Shutterstock.com Raytheon Technologies is a leading aerospace and defense company and manufacturer of technologies for mission-critical operations. The company’s primary customer is the Department of Defense, providing the military with the latest equipment and services. Take a look at Raytheon Technologies’ leaders, founders, and executives. About Raytheon Technologies Image from […] More
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