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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Leonardo DRS has been tapped to supply a mission equipment package for the U.S. Army’s Initial Maneuver Short-Range Air Defense platform. The company said Thursday its mission equipment system will be installed on the Stryker A1 vehicle to provide brigade combat units with a capability to detect, track and counter threats associated with fixed- wing, […] More
A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More
Textron‘s Bell Helicopter subsidiary has conducted the first flight of a next-generation tiltrotor aircraft built to help U.S. military clients meet requirements for a vertical lift platform. Textron said Monday the V-280 Valor aircraft was designed to help users conduct various vertical lift missions previously infeasible using one aircraft as well as offer updated speed […] More
Science Applications International Corp. has partnered with CMI Defence and ST Kinetics to build a combat vehicle prototype they intend to propose for an engineering and manufacturing development contract as part of the U.S. Army’s Mobile Protected Firepower program. SAIC said Thursday it will develop and deliver a lightweight vehicle to warfighters through the integration of ST […] More
SAP SE has announced the initial list of partners that will participate in a blockchain co-innovation program which aims to provide an opportunity for participants to explore the applications of blockchain technologies. The SAP Leonardo Blockchain Co-Innovation program looks to integrate a digital ledger system onto digital supply chain, Internet of Things and manufacturing services, SAP […] More
Textron‘s Bell Helicopter subsidiary has completed the prototype build of a tiltrotor aircraft platform designed for the Joint Multi-Role Technology Demonstrator program under the U.S. Army‘s Future Vertical Lift initiative. Bell said Wednesday it aims to demonstrate its V-280 Valor offering this fall through a maiden flight test. Lockheed Martin built V-280’s cockpit, avionics, distributed aperture system […] 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
Lockheed Martin has kicked off construction of a program management facility at  the Falcon Hill National Aerospace Research Park in Utah to support the U.S. Air Force‘s project to develop a follow-on intercontinental ballistic missile system. Lockheed said Friday it will move into the company’s program management office at Falcon Hill by August 2017 as part of the Ground Based Strategic Deterrent competition and seeks […] 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
Lockheed Martin has selected Falcon Hill National Aerospace Research Park at Hill Air Force Base in Utah as the location of the company’s program management office for the U.S. Air Force‘s Intercontinental Ballistic Missile replacement effort. Lockheed said Thursday it signed a lease agreement with Falcon Hill developer Woodbury Corp. for 25,000 square feet of office space to house the former’s PMO […] More
Lockheed Martin has submitted its proposal for the U.S. Air Force’s Intercontinental Ballistic Missile replacement program and named the companies that will work as subcontractors on the program, the National Defense Magazine reported Thursday. Vivienne Machi writes John Karas, a vice president and ground-based strategic deterrent program manager at Lockheed, said in a media call that […] More
Lockheed Martin and Elbit Systems have partnered to compete for a contract to update the U.K. army’s fleet of Challenger 2 tanks. The U.K. subsidiaries of Lockheed and Elbit Systems will submit a bid to the U.K. defense ministry to extend the British army’s main battle tanks through 2035 under the Life Extension Project, Lockheed […] More
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