Industry News

Lockheed Martin has received a one-year, $61.8 million contract modification from the U.S. Navy to help manage engineering and testing centers for Aegis ballistic missile defense systems. The Navy exercised an option for Lockheed to continue to provide operational, maintenance and technical support services at the military service’s Combat Systems Engineering Development Site, Naval Systems […] More

United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan to either sell or spin […] More

Lockheed Martin is set to deliver the final batch of F-35B Joint Strike Fighter jets to the U.S. Marine Corps on June 30 following completion of aircraft production, Flightglobal reported Thursday. James Drew writes an independent team will evaluate the aircraft and submit a report to Lt. Gen. Jon Davis, deputy commandant for Marine Corps aviation, once the squadron […] More

A KPMG International-commissioned study indicates that aerospace and defense companies aim to drive growth by implementing research and development, supply chain management, targeted divestment and portfolio adjustment initiatives. Fifty-three percent of 68 senior executive respondents to the KPMG A&D Outlook survey said they would prioritize sales growth strategies for the next one to two years, […] More

Boeing has launched a new center in Alabama that is designed to help academic institutions and research partners develop technologies in collaboration with the company. Engineers and technicians will work together at the center to conduct research on simulation, analytics, chemicals,  materials, propulsion, avionics systems, sensors, communication and cybersecurity, Boeing said Friday. Steve Swaine, Boeing research […] More

Peter Newell, managing partner at consultancy BMNT Partners, has lauded the Defense Department’s efforts to overhaul the current military acquisition system through collaboration with Silicon Valley-based technology firms, Nextgov reported Wednesday. Newell, former director of the U.S. Army’s Rapid Equipping Force, called DoD’s creation of a satellite office in Silicon Valley and Sen. John McCain’s […] More

Odyssey Systems Consulting Group Ltd. has won a $36,970,361 contract to perform technical services for the U.S. Air Force. The company will work to advise and assist the Air Force in areas such as systems engineering, operations and sustainment and acquisition security services, the Defense Department said Tuesday. Odyssey will carry out the task at […] More

The Defense Advanced Research Projects Agency is seeking potential partners who will provide expertise for various fields of study in support of DARPA’s efforts to develop automated chemical synthesizer for molecule production. DARPA said Wednesday the Make-It program seeks support from experts in the fields of analytical chemistry, chemical engineering, computational chemistry, mathematics, process engineering, synthetic organic chemistry and […] More

Aerojet Rocketdyne has entered into a Space Act Agreement with NASA for the testing of a rocket engine that Aerojet intends to offer as a replacement for the RD-180 engine produced by Russia. NASA will configure a test stand at the agency’s Stennis Space Center in Mississippi to facilitate staged combustion trials on Aerojet Rocketdyne’s […] More

A fresh Research and Markets report has projected the global unified communication-as-a-service market to achieve a compound annual growth rate of 27.50 percent from 2014 through 2019. Research and Markets said Wednesday that factors such as productivity, agility, cost reduction and adoption of mobility in unified communication could spur the demand for UCaaS services. “Decline […] More

Lockheed Martin and Denmark-based Terma have extended an existing agreement for Terma to produce additional components for the F-35 fighter jet. Terma President and CEO Jens Maaloe and Lockheed’s Aeronautics Executive Vice President Orlando Carvalho signed the memorandum of understanding at the Paris Air Show, Lockheed said Monday. “Lockheed Martin has appreciated the good fortune […] More