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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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  The government contracting industry experienced a robust period of mergers and acquisitions that reshaped its composition in 2015 and continued executive transitions between companies. As companies merge and new identities enter the market, some businesses face a challenge to fill vacant leadership positions. From time to time, GovCon firms of all shape and sizes […] More
Lockheed Martin, Rolls-Royce and Marshall Aerospace and Defence Group will continue to provide support for the British air force’s C-130J Super Hercules fleet through 2022 as part of a $545 million contract. Lockheed said Wednesday the team will jointly deliver Hercules Integrated Operational Support work at Cambridge, Bristol and Brize Norton in the U.K. and Indianapolis in the U.S. The U.K. […] More
George Washington University’s School of Engineering and Applied Science has inducted Gene Colabatistto, a group president at CAE, and LGS Innovations CEO Kevin Kelly into the GWU Engineering Hall of Fame. Colabatistto, Kelly and five other industry and government leaders were recognized in an Oct. 22 ceremony for their contributions in the technology, management and engineering fields. Colabatistto, a 25-year defense sector veteran, leads […] More
A new Visiongain report forecasts the global military aircraft maintenance, repair and operations market will hit $49 billion in value in 2015. Visiongain said Friday the increasing adoption of new fighter aircraft among tier-one market players would spur growth in the industry. The 2015-2025 forecast covers maintenance aspects in operations and field, heavy airframe, heavy engine, […] More
A consortium of CH2M Hill, EnergySolutions, Fluor, Rolls-Royce and SNC-Lavalin has been selected to operate several nuclear research and development laboratories in Canada. The Canadian National Energy Alliance team will work to manage Canadian Nuclear Laboratories and decommission old materials at the Chalk River and Whiteshell facilities, three prototype reactor sites and the Laprade heavy water storage facility, CH2M Hill said […] 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
Northrop Grumman is looking to convert an unused space at the Palmdale, California-based F-35 facility into a production area for a new aircraft, Defense News reported Thursday. Aaron Mehta writes the government-owned, contractor-operated Air Force Plant 42 site has a one-million-square-foot vacant area. Tom Vice, Northrop’s president of aerospace systems, told reporters “this site has very […] More
Northrop Grumman has ordered $86.1 million in outer wing panel kits from CPI Aerostructures for Northrop-built Hawkeye and Greyhound aircraft. Northrop will use the kits to build wings for the E-2D Advanced Hawkeye and the C-2A Greyhound planes under a contract the company holds with the U.S. Navy, CPI said Monday. Twenty-five E-2D Hawkeyes are due to the Navy by […] More
A consortium led by Optomec has been awarded a $4 million project to develop three-dimensional printing methods to repair metallic aerospace structures for the U.S. Air Force. The 3D printer company will collaborate with GE Aviation, Lockheed Martin, Rolls-Royce and 20 other organizations to explore additive manufacturing techniques under the Re-Born in the USA project, […] More
Siemens will invest $1 billion in software grants for manufacturing programs in seven community colleges, universities and education centers in Virginia, giving students access to the same tools used in real-world factories around the world. “Manufacturing is the most sophisticated, forward-looking and innovative business function in the world today, and we need to let students, parents […] More
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