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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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CTA International, a joint venture between BAE Systems and Nexter Systems, has delivered a new cannon system to the U.K. defense ministry’s Ajax and Warrior vehicle platforms. CTAI handed over the first delivery of 515 40-millimeter cannons that fire cased telescoped ammunition, BAE Systems said Monday. The ammunition is contained in a straight tube and is designed […] More
A BAE Systems–Nexter joint venture has been awarded a $233 million contract to manufacture 40mm cannon systems for integration onto the British army’s Scout and Warrior armored fighting vehicles. The British army will receive 515 CTA International-built cased telescoped cannons during the next seven years, BAE said July 1. Initial delivery is scheduled to occur […] More
Raytheon Technologies‘ missiles and defense business has collaborated with the U.S. Army and Nexter to demonstrate the compatibility between Excalibur artillery projectiles and the French company’s self-propelled howitzer. A CAESAR self-propelled howitzer fired the projectiles at two targets over 28.5 miles away as part of the test involving Excalibur, the French artillery equipment and the […] More

The all-stock merger between L3 Technologies and Harris Corp. has been completed to form L3Harris Technologies (LHX), the new company announced on Monday. L3Harris is officially the sixth largest defense company in the United States worth approximately $17 billion in revenue with over 50,000 employees. The company also announced the details regarding its own leadership, the board of directors and organizational structure. 

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The U.S. Army has qualified BAE Systems’ Bofors 155mm BONUS munition for inclusion in its weapons arsenal and is purchasing rounds under an agreement with the NATO Support and Procurement Agency. Each BONUS round contains two sub-munitions that use sensors to independently track and chase targets within a 32K-square-meter radius, BAE said Tuesday. The munition […] 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
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
BAE Systems has received a contract from Sweden’s defense and material administration to supply an additional 254 Bofors 155-millimeter ammunition rounds to the Swedish army. The company said Thursday it will produce BONUS munitions at BAE’s manufacturing facility in Karlskoga, Sweden, and expects deliveries to occur during 2019. BONUS is designed to be fired from 155mm artillery launchers […] More
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