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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A new Stockholm International Peace Research Institute report says sales of military services and weapons systems worldwide reached $398.2B in 2017, a figure that reflects a 2.5 percent increase from 2016. SIPRI said Monday the U.S. arms industry landed the top spot in the 2017 Top 100 for posting a 2 percent rise in weapons sales […] More
The Energy Department has chosen 11 industry-led projects across six states to receive $18M in federal grants to advance commercial nuclear technology platforms. DOE said Tuesday the funding awards are part of the third round of its funding opportunity announcement, titled “U.S. Industry Opportunities for Advanced Nuclear Technology Development.” The cost-shared projects have a total value […] More
Maj. Jacob Davis, chief B-52 requirements officer at Global Strike Command, has said the U.S. Air Force intends to issue in fiscal 2019 a solicitation to replace the engines of its Boeing-built B-52H Stratofortress aircraft in order to keep the fleet operational through 2050, National Defense reported Monday. He told the publication the service expects the […] More
Leanne Caret, CEO of Boeing’s defense, space and security business, has said the company would be “honored and thrilled” if given the opportunity to take part in the U.K.’s new fighter jet program, Reuters reported Friday. Caret, a two-time Wash100 recipient, told Reuters at the Farnborough Airshow that it is too early to issue conclusive statements, […] More
Boeing will lead a team of 10 aerospace technology suppliers in pursuit of a nearly $5 billion contract to build heavy-lift helicopters for the German military, Reuters reported Wednesday. Michael Hostetter, director of Boeing’s vertical lift programs in Germany, told reporters at a Berlin airshow the company can potentially add partners to join its bidding […] More
Boeing has invested in Reaction Engines through its ventures arm to assist the U.K.-based company in its efforts to develop a hypersonic propulsion technology. Reaction Engines has developed a heat exchanger that works to prevent overheating of engine components at high speeds as part of its Synergetic Air-Breathing Rocket Engine technology program, Boeing said Wednesday. […] More
United Technologies Corp.‘s Pratt & Whitney subsidiary has collaborated with partners under the Joint Strike Fighter program to update and deploy a logistics management system at 12 F-35 fleet locations worldwide, American Machinist reported Monday. The Autonomic Logistics Information System is designed to automatically track F-35 propulsion components by gathering and analyzing condition-based data. Operational bases that house the […] More
Sierra Nevada Corp. and Turkish Aerospace Industries have developed a trainer aircraft in order to compete for the U.S. Air Force’s T-X program that seeks to replace the T-38 jet, Quwa reported Monday. Bilal Khan writes SNC and TAI established a Colorado-based subsidiary, Freedom Aircraft Ventures, to offer the Freedom Trainer aircraft. The Freedom Trainer jet will be equipped with […] More
The U.K. government plans to invest nearly $73 million in seven research and development projects meant to support innovation in the British aerospace sector. The funds will be awarded through the Aerospace Technology Institute as part of the British government and industry’s commitment to invest as much as $5.3 billion in civil aerospace R&D initiatives by 2026, […] More
Inmarsat has opened an office at the Norwegian Maritime Competence Center in Alesund, Norway, in a push to help accelerate adoption of digital technology within the shipping industry. Inmarsat said Wednesday it established the facility to support Norway’s maritime community and help third-party organizations leverage the company’s Fleet Xpress maritime broadband technology via the Certified Applications Provider […] More
A study by PwC’s consulting arm shows that U.S. aerospace and defense companies’ spending on research and development efforts has climbed by nearly $12 billion so far this year, Defense News reported Wednesday. The Global Innovation 1000 study conducted by Strategy& has found that top U.S.-based A&D firms recorded $11.79 billion in R&D spending, a figure that is […] More
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