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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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GE Aerospace intends to invest $650 million this year to upgrade its manufacturing facilities and strengthen its supply chain. The General Electric operating unit said Tuesday that, of that total, $450 million will be allocated for the enhancement of 22 facilities across the U.S., an effort that includes the acquisition of additive manufacturing equipment and other machines and tools that will be used to assemble, test and produce engines for military and commercial aircraft.

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GE Aerospace landed a potential five-year, $68.1 million cost-sharing contract to participate in NASA's Hybrid Thermally Efficient Core turbofan engine project. The agency announced Friday that GE Aerospace will cover at least half of the cost of HyTEC's Phase 2 Integrated Core Technology Demonstration program for the duration of the contract, which takes effect Feb. 15, 2024.

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Stephen Angel, formerly the CEO of chemicals company Linde, will become the non-executive chairman of the board of GE Vernova, which is set to spin off as an independent public company from General Electric during the second quarter of 2024. The other members of GE Vernova's board of directors include former Shell Chief Financial Officer Jessica Uhl, incumbent GE Vernova CEO Scott Strazik and current Lockheed Martin CFO Jesus Malave, GE said Tuesday.

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Stephen Angel, formerly the CEO of chemicals company Linde, will become the non-executive chairman of the board of GE Vernova, which is set to spin off as an independent public company from General Electric during the second quarter of 2024. The other members of GE Vernova's board of directors include former Shell Chief Financial Officer Jessica Uhl, incumbent GE Vernova CEO Scott Strazik and current Lockheed Martin CFO Jesus Malave, GE said Tuesday.

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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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GE Aerospace developed a computational fluid dynamics software that could be paired with the Department of Energy’s supercomputer, Frontier, to support engine development.  The company said Saturday it conducted simulations on Frontier using the software to evaluate the performance of a novel open fan engine architecture, which is showing promise in helping reduce carbon emissions […] More
Lockheed Martin’s Sikorsky subsidiary will build an uncrewed hybrid-electric vertical-take-off-and-landing aircraft prototype in partnership with General Electric’s aerospace business. GE Aerospace will provide a CT7 turboshaft engine, 1 megawatt-class generator and related power electronics for the fully autonomous Hybrid-Electric Demonstrator aircraft and support the HEX project by building on the hybrid electric propulsion platform it […] More
Boeing has established an aerospace-focused research facility on the campus of the King Abdullah University of Science and Technology in Saudi Arabia, Arab News reported Monday. Arab News reports the Boeing Research and Technology office seeks to work with other companies through the KAUST Industrial Cooperation program, as well as to develop young professionals’ technical […] More

Ball Aerospace will manage a concept study for the NASA Explorers Program to understand the magnetism of the sun and how it affects space, Earth and other planets. The company said Tuesday the Chromospheric Magnetism Explorer mission concept would use a near ultraviolet spectropolarimeter to make novel observations of the solar magnetic field in the chromosphere to learn how magnetic energy buildup leads to solar flares and coronal mass ejections.

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Retired U.S. Army Gen. Stephen Townsend has been selected as an advisory board member at MAG Aerospace, a provider of command, control, communication, computers, cyber, intelligence, surveillance and reconnaissance offerings. He brings over 40 years of military experience to the company, having served in leadership positions in platoons, corps and joint task forces, the Fairfax, Virginia-based company announced on Thursday.

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