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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Brig. Gen. Richard Coffman, director of the U.S. Army’s Next-Generation Combat Vehicle cross-functional team, said the service will begin accepting options for a new optionally manned combat vehicle in January, National Defense Magazine reported Tuesday. Coffman told reporters at an Association of the U.S. Army-hosted event that the service has defined its requirements that will […] More
The U.S. Army plans to deploy by 2022 three new protection systems for its combat vehicles, Breaking Defense reported Friday. Those systems are the advanced reactive armor tiles that work to neutralize warheads; a signature management platform designed to protect an armored vehicle from detection by reducing the vehicle’s noise, radar and heat signature; and […] More
The government of Bulgaria has asked the parliament’s permission to approve the planned procurement of up to 16 fighter aircraft and 150 combat vehicles, SeeNews.com reported Wednesday. Bulgaria intends to make the fighter jet procurement in two phases with plans to buy up to eight aircraft worth approximately $1.1 billion in total under the first […] More
Lockheed Martin’s Sikorsky subsidiary has introduced an industrialization plan that seeks to advance partnership with the German aerospace and defense industry in support of its effort to compete for the European country’s heavy lift helicopter program. Sikorsky and Rheinmetall Group agreed to team up in February to offer the former’s CH-53K King Stallion helicopter for the German air force’s […] More
Lockheed Martin has announced the completion of envelope expansion flight tests of the Sikorsky-built CH-53K King Stallion helicopter at a facility in West Palm Beach, Florida. The CH-53K aircraft lifted a 36,000-pound external payload during a flight demonstration held Feb. 10 at Sikorsky’s facility in Florida, Lockheed said Wednesday. Sikorsky conducted the external lift flight test as it prepares to […] 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
A new Research and Markets report forecasts that the worldwide market for military ammunition products will grow at a 2.21 percent annual compound growth rate to reach $16.6 billion in value by 2027. The company said Tuesday the projected ammo demand over the next 10 years will be driven by military modernization initiatives; regional conflicts and instability challenges; and […] More
A team led by Alion Science and Technology has submitted a proposal to build a naval platform to replace Canada’s Iroquois-class destroyers and Halifax-class frigates. Alion said Friday its proposed ship for the Canadian Surface Combatant program is based on Damen Schelde Naval Shipbuilding‘s De Zeven Provincien-class frigate and features Atlas Elektronik‘s combat management system and Hensoldt‘s radar technology. […] More
Andreas Schwer, former president and chairman of the board at Rheinmetall International, has joined state-owned defense contractor Saudi Arabian Military Industries as CEO He brings leadership experience in multiple international aerospace and defense companies to his new position, SAMI said Tuesday SAMI also formed a board of directors to be led by Ahmed Al Khateeb. The company entered […] More
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