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Latest Federal & Government Contracting Companies' News Coverage
Reportlinker has released a forecast study that the global drone market will grow to reach $16.7 billion in 2022. The predicted growth stems from the increase of drone demand for military and commercial use, and the continuing regulatory efforts on drones, the research firm said Thursday. Drone-producing firms are continuously making technological advancement efforts that may […] More
Boeing has secured a registration number from the Federal Aviation Administration for its proposed unmanned aircraft system for the U.S. Navy’s MQ-25 Stingray carrier-based tanker drone program, FlightGlobal reported Thursday. The company received Dec. 26 the FAA registration number N234MQ for its proposed “T1†drone prototype. Boeing previewed its demonstrator for the MQ-25 unmanned aerial refueling tanker program […] More
Aurora Flight Sciences has received a potential $48 million contract to continue developing twin-engine unmanned aircraft system for the U.S. Air Force. The Boeing subsidiary said Wednesday it will build an Orion UAS variant designed to perform in any location worldwide. Aurora will produce the system at its facilities in Mississippi and Virginia. Orion is designed to operate for 100 consecutive […] More
A joint venture between Bell Helicopter and Boeing has received a $23.3 million order to deliver flight test and evaluation services for the U.S. Navy‘s V-22 Osprey aircraft. The Naval Air Systems Command obligated the whole amount in fiscal 2018 funds which will not expire upon the conclusion of the current fiscal year, the Defense Department said Tuesday . The company will perform 90 […] More
Reportlinker has unveiled a new report that predicts the global market for command, control, communications, computers, intelligence, surveillance and reconnaissance systems will reach more than $177 billion in cumulative value by 2027 at a 2.4 percent compound annual growth rate. An increasing demand for battle-space awareness and network centric warfare modernization efforts will help drive C4ISR market growth […] More
The U.S. Air Force has awarded Boeing a $17.5 million contract modification for engineering sustainment work on the service branch’s KC-135 tanker aircraft weapon system. The Defense Department said Friday the modification will establish negotiated prices under the second option of a previously awarded contract for the company to sustain KC-135 airframe along with mechanical and electrical systems, subsystems and […] More
A new Research and Markets report forecasts that the air defense system market will experience a 5.74 percent compound annual growth rate and reach nearly $45.2 billion by 2024. The company said Wednesday increased military spending on efforts to develop air and missile defense systems, evolution of warfare and geopolitical challenges worldwide are among the factors that will drive market […] More
Five companies have formally submitted their interest to participate in the Polish defense ministry’s tender process for a fighter aircraft procurement effort, DefenseNews reported Thursday. The report said Boeing, Lockheed Martin, Leonardo and Saab applied for an opportunity to offer their respective combat jet platforms to Poland’s “Harpia” program. Warsaw-based Fights On Logistics sought participation in a […] More
Sierra Nevada Corp. and Turkish Aerospace Industries have developed a trainer aircraft in order to compete for the U.S. Air Force’s T-X program that seeks to replace the T-38 jet, Quwa reported Monday. Bilal Khan writes SNC and TAI established a Colorado-based subsidiary, Freedom Aircraft Ventures, to offer the Freedom Trainer aircraft. The Freedom Trainer jet will be equipped with […] More
Lockheed Martin has released a new video that shows the concept for the future vertical lift helicopter based on the X2 demonstrator, New Atlas reported Thursday. David Szondy writes Lockheed’s Sikorsky subsidiary partnered with Boeing to develop the helicopter concept that comes in attack and assault variants. The proposed vertical lift aircraft has fly-by-wire flight controls, co-axial […] More
A joint venture of Boeing and Bell Helicopter has received a $20.6 million order from the U.S. Navy to maintain software of the V-22 Osprey joint service, multimission aircraft fleet. The Bell-Boeing Joint Project Office will engineer and provide technical support for the V-22 flight control system and avionics software, the Defense Department said Wednesday. Work also covers flight control […] More
Boeing is scheduled to begin upgrade work on the U.S. Navy‘s F/A-18E/F Super Hornet aircraft at a company facility in St. Louis, Missouri in April next year, Flightglobal reported Friday. The aerospace and defense contractor aims to increase the aircraft’s resistance to corrosion and extend its service life by an additional 3,000 flight hours under a potential […] More
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