Latest Federal & Government Contracting Companies' News Coverage

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AST SpaceMobile has agreed to sell its majority share in NanoAvionics, a Lithuania-based small satellite mission integrator and bus manufacturer, to Kongsberg‘s defense and aerospace business for approximately $68 million. The deal is anticipated to be completed in the third quarter, subject to customary closing conditions, and to bring about $28 million in net cash proceeds to AST […] More

Kongsberg subsidiary will participate in a CAL Analytics-led industry team that secured a $1.6M contract from the Federal Aviation Administration to build and demonstrate a contingency management platform at a Rome, N.Y, test site for unmanned aircraft systems. Kongsberg said Monday its geospatial business will support the CMP development project at Griffiss International Airport in collaboration with four other companies, Oneida County and the Northeast UAS Airspace Integration Research organization.

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The U.S. Navy will possibly debut in mid- to late 2019 a new over-the-horizon anti-ship missile jointly developed by Raytheon and Kongsberg Gruppen, Defense News reported Thursday. Lockheed Martin will be in charge of installing the Naval Strike Missile on the service's fourth Freedom-class littoral combat ship called USS Detroit or LCS-7, as well as […] More
The Norwegian defense ministry has demonstrated an anti-ship missile system developed by a partnership of Raytheon and Norway-based Kongsberg Gruppen. Raytheon said Monday the ministry test-fired the Joint Strike Missile from an F-16 Fighting Falcon aircraft to showcase the weapon’s ability to shift in course and avoid decoy targets as it flew at a low altitude. The […] More
Raytheon has partnered with Kongsberg Gruppen to produce a missile system intended for over-the-horizon defense missions onboard the U.S. Navy‘s littoral combat ships and frigates. The military service picked the companies’ joint Naval Strike Missile offering to support OTH missions under a potential $847.6 million contract, Raytheon said Friday. Taylor Lawrence, president of Raytheon’s missile systems business, said the team […] More
The government of Japan is looking to purchase long-range missiles for the first time as part of next year’s budget to address national security concerns, CNN reported Friday. The report said a spokesperson from Japan’s defense ministry indicated it will request additional funds in 2018 to procure Lockheed Martin‘s Long Range Anti-Ship Missiles and Joint Air-to-Surface […] More
Kongsberg signed a $39.8 million order to further furnish the U.S. Army with a battle tank remote weapon station system. The company said Friday that it will deliver additional PROTECTOR Remote Weapon Station Low Profile Commonly Remotely Operated Weapon Station configuration for the U.S. Army’s M1A2 Abrams Main Battle Tank spare parts and engineering services […] More
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