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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin has conducted the first flight test of a second trainer aircraft that the company plans to offer in the U.S. Air Force‘s T-X trainer competition. The company said Monday the demonstration of its second production-ready T-50A  aircraft occurred in Greenville, South Carolina, where Lockheed’s final assembly and checkout facility is located. T-50A is designed to train pilots of F-22 […] More
Poland plans to acquire 16 new helicopters in 2017, including two Sikorsky-made Black Hawk aircraft, to replace the country’s Mil Mi-8, Mi-14 and Mi-17 fleet, Defense News reported Friday. Polish Defense Minister Antoni Macierewicz said the Black Hawks could be delivered in March and the next 14 helicopters will be chosen among offers from Lockheed Martin, Leonardo and Airbus, Jaroslaw […] More
Gen. David Goldfein, chief of staff at the U.S. Air Force, has said that he expected a shakeout in the military service’s $16 billion T-X trainer competition launched in late 2016 given the branch’s strategy to procure a new jet fighter training system, National Defense Magazine reported Tuesday. According to the story by Yasmin Tadjdeh, Goldfein told reporters during a meeting in […] More
Northrop Grumman CEO Wes Bush has said the company has not reached a decision on whether to submit a proposal for the U.S. Air Force’s $16 billion T-X trainer aircraft program, Defense News reported Thursday. Bush said at a quarterly earnings call Thursday that Northrop is still evaluating the request for proposals and that it is more interested to […] More
A Visiongain report has estimated worldwide revenue for military unmanned aerial vehicles reached $7.4 billion last year. The company’s Military UAV Market Report 2016-2026 report  also covers analyses and forecasts on high-altitude long endurance UAVs, medium-altitude long-endurance drones and three other military UAV submarkets over the next 10 years in eight countries that include the U.S., Australia and Japan, ReportBuyer […] More
A BAE Systems-led consortium of companies has inked an agreement with the U.K.’s defense ministry for the assessment phase of a program to modernize the British army’s main battle tanks. BAE Systems said Thursday it will lead the Team Challenger 2 team which will collaborate with the Ministry of Defence to develop options for system replacement […] More
Thales Alenia Space’s ELiTeBUS 1000 satellite system has been added by the rapid spacecraft development office to the Rapid III catalog managed by NASA’s Goddard Space Flight Center. The satellite platform’s inclusion in the catalog would allow the joint venture of Thales and Leonardo-Finmeccanica to respond to future request for proposals for platforms and services under […] More
A fresh Research and Markets report suggests a growing demand for data in commercial applications will help buoy the global unmanned aerial vehicle market to reach $21.23 billion by 2022 from $5.97 billion in 2016. The report predicts the global drone market will grow at a compound annual growth rate of 20 percent from 2016 […] More
A Raytheon official has said the company could perform updates to Germany’s Patriot missile defense system within a year and for less than the estimated budget for the development of the Medium Extended Air Defense System, Reuters reported Friday. Lockheed Martin built the MEADS system with MBDA, Andrea Shalal and Sabine Siebold write. “They refer to us as […] More
The U.K. defense ministry has chosen separate teams led by BAE Systems and Rheinmetall Landsysteme as “preferred bidders” for the assessment phase of a program to modernize the British army’s main battle tanks, Defense News reported Wednesday. Andrew Chuter writes the U.K. defense ministry aims to finalize two contracts by the end of the year to launch a 24-month, […] More
Raytheon plans to set up a facility in Meridian, Mississippi, to produce a training aircraft should the U.S. Air Force select the company’s bid for the Advanced Pilot Training program. Raytheon said Monday it has teamed up with Leonardo-Finmeccanica, CAE‘s U.S. arm and Honeywell’s aerospace business to propose the T-100 Integrated Air Training System for the program. […] More
Rob Weiss, a Lockheed Martin executive, has said the company could deliver training aircraft three years earlier than 2024 that would help the U.S. Air Force save $1 billion in training and maintenance costs over a six-year period, Defense One reported Thursday. Marcus Weisgerber writes Weiss, executive vice president and general manager of advanced development programs […] More
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