Latest Federal & Government Contracting Companies' News Coverage
Boeing forecasts a $2.6 trillion market for its defense and space platforms and services over the next decade as security and geopolitical challenges drive demand for new defense systems. The company said Tuesday the spending projection in the 2021 Boeing Market Outlook for the defense and space market reflects the significance of military aircraft, satellites, […] More
Shield AI has secured $210 million in equity financing as part of Series D funding round led by Austin, Texas-based technology investor Disruptive and will use the funds to invest in artificial intelligence capabilities for military aircraft and advance growth initiatives across defense and commercial sectors. “The funding round enables Shield AI to move one […] More
TYSONS CORNER, VA, September 2, 2020 “” Leanne Caret, head of Boeing's (NYSE: BA) defense, space and security business, said the company invested in advanced manufacturing and digital engineering technologies to support its work on the Navy MQ-25 unmanned tanker and the Air Force T-7 trainer, GovCon Wire reported Aug. 18.
Raytheon has received a $314 task order from the U.S. Army to modernize the Patriot air and missile defense system, the company announced on Tuesday. Seventeen nations that rely on the system have funded the task order.
Boeing's prototyping arm plans to begin manufacturing a flat satellite antenna technology in 2020 to facilitate broadband communications for military aircraft, SpaceNews reported Wednesday.
The government of Brazil has approved the strategic partnership between Boeing and Embraer. Boeing said Thursday the approval came a month after both firms agreed on terms for a new joint venture to establish new markets for the KC-390 military multi-mission aircraft.
Boeing and Embraer are in discussions to establish a KC-390 military aircraft assembly line in the U.S., Reuters reported Monday. The two aerospace companies plan to set up a defense-related joint venture to pursue the construction of a new facility that would serve as the second KC-390 factory, according to a Monday report by Brazilian […] More
Boeing and state-owned company Saudi Arabian Military Industries have agreed to form a joint venture that seeks to localize in Saudi Arabia at least 55 percent of maintenance, repair and overhaul services for the Middle Eastern country's fleet of rotary- and fixed-wing military planes. The memorandum of agreement signed by Dennis Muilenburg, Boeing chairman, president and […] More
Battelle and Aerobotix have demonstrated on a mock-up of a military aircraft's air inlet duct a software platform designed to predict collisions of robotic systems with sensitive industrial components and parts. Battelle said Tuesday its PathPlan software worked to protect the robotic platform and aircraft from potential collisions through prediction of the robot's movement based on […] More
Orbital ATK has partnered with the U.S. Air Force to determine opportunities to address design, fabrication, repair and inspection of composite aerostructures of military aircraft. Orbital ATK said Tuesday it will also collaborate with the service branch to facilitate future aircraft maintenance, repair and overhaul activities at the Air Force Ogden Air Logistics Complex and […] More
A joint Defense Department agency and a government-industry consortium inked a memorandum of understanding to help define open avionics standards for military aircraft. The Future Airborne Capability Environment Consortium (FACE,) a coalition of government and industry organizations which aims to determine open avionics standards for military aircraft, issued the memo with the DoD agency, Defense Systems reported Thursday. The memorandum will […] More
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