Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Kratos Defense and Security Solutions will perform engineering and logistics for BQM-177A aerial target systems under a new U.S. Navy-awarded $3.6M contract option that follows the completion of the full rate production effort. Steve Fendley, president of Kratos' unmanned systems division, said in a statement posted Thursday the company has begun operations and sustainment activities for the Navy's sub-sonic aerial target as part of the program's life cycle.

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Voyager Space Holdings has agreed to acquire a majority stake in XO Markets and its largest subsidiary Nanoracks. Houston-based Nanoracks offers commercial space services for satellite deployment and research across more than 30 nations. "With Voyager, we're confident in our expanded team's ability to continue to deliver game-changing technology industry-wide," said Jeffrey Manber, CEO of Nanoracks.

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Northrop Grumman has been awarded a potential $250 million production contract by the U.S. Navy to deliver up to 103 GQM-163A “Coyote“ supersonic sea-skimming target (SSST) vehicles. Northrop Grumman's contract has a base value of $57 million that provides for 19 Coyote vehicles. “The Coyote is the only supersonic sea skimming target in production in the U.S.,“ said Rich Straka, vice president of launch vehicles at Northrop Grumman.

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