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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A new Research and Markets report forecasts the U.S. military expenditure to reach $597 billion by 2020 from $560 billion in 2015, driven by the government’s efforts to retain military dominance through weapons modernization. The market analysis sets a 0.51 percent compound annual growth rate for U.S. military spending over the forecast period, noting that expenditure declined by […] More
A new Research and Markets report predicts the global military rotorcraft market to hit $27.3 billion by 2025 from $21.1 billion in 2015, with Asia-Pacific countries to dominate the spending landscape. Investments from the Asia Pacific will account for 33 percent of rotorcraft spending worldwide during the forecast period, followed by North America with a 29-percent share, Research and […] More

Aurora Flight Sciences, Bell Textron, Northrop Grumman and Piasecki Aircraft Corp. have begun designing prototypes of an experimental military aircraft capable of vertical take-off and landing under a Defense Advanced Research Projects Agency initiative. DARPA expects one of the contractors to finish designing, prototyping, building and demonstrating the VTOL aircraft by spring of 2027 as part of the Speed and Runway Independent Technologies program.

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The Defense Contract Management Agency, on behalf of the U.S. Army, accepted the first GE Aerospace-built flight test engine for the Army’s Future Attack Reconnaissance Aircraft on Sept. 28. The second T901 engine is going through the acceptance process under the Army’s Improved Turbine Engine Program and the service is set to hand over the two engines to two vendors working on two FARA competitive prototypes - Raider X from Lockheed Martin's Sikorsky business and 360 Invictus from Textron's Bell subsidiary - by the end of October.

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Aerospace and defense leaders are indispensable in bolstering national security and safeguarding the well-being of United States citizens. They are at the forefront of supplying cutting-edge equipment, advanced weaponry, and sophisticated systems to maintain aerial supremacy and assert dominance in the face of imminent threats. Their unwavering commitment to innovation and expertise empowers the nation’s […] More
The Boeing Company is the world’s largest aerospace manufacturer developing airliners, integrated defense systems, and security and space systems. Recording a 7% growth to reach $62.3 billion in annual revenue as of 2021, the company ranks 60th in the Fortune 500 companies. Here are the top Boeing government contracts for the U.S. federal government in […] More
Lockheed Martin’s Sikorsky business has unveiled latest photos of its prototype for the U.S. Army’s Future Attack Reconnaissance Aircraft program, The War Zone reported Wednesday. Jay Macklin, business development director for Sikorsky Army Programs and Innovations, said the company’s Raider X aircraft prototype, which now comes with modular weapon launchers equipped with a 20mm main […] More
General Electric’s aviation subsidiary has started to test a rotorcraft engine that is designed to power Apache, Black Hawk and Future Attack Reconnaissance Aircraft platforms for the U.S. Army. GE Aviation said Wednesday testing work is underway on the first T901-GE-900 motor developed as part of the Improved Turbine Engine Program‘s engineering and manufacturing development […] More
Bell-made AH-1Z Viper helicopters of the U.S. Marine Corps can now use the AGM-179A Joint Air-to-Ground Missile after the weapon achieved initial operating capability under the service branch. JAGM, which achieved the milestone on March 1, uses millimeter-wave radar and semi-active laser guidance to boost accuracy against targets on land and water, Naval Air Systems […] More
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