Boeing (NYSE: BA) has secured a potential five-year, $625 million contract to update and maintain logistics information systems for the British military. The U.K. defense ministry said Thursday the company will support modernization work on LogIS software applications to provide the country’s service personnel a single technology platform for ...
BAE Systems has secured a three-year, $97.3 million contract modification to produce additional M109A7 self-propelled howitzers for the U.S. Army. The company will also continue to supply the service branch with M992A3 carrier, ammunition, tracked vehicles, the Department of Defense said Friday. BAE’s howitzer platform is designed to provide i...
Six large and small businesses have secured positions on a pair of contracts worth $977.4 million combined, to help the U.S. Navy maintain non-nuclear surface combatant and amphibious vessels that are visiting or stationed in the Norfolk, Virginia, port. Naval Sea Systems Command is procuring modernization, repair and maintenance services for six sh...
Concurrent Technologies Corp. has named Deborah Fox, a 35-year defense industry veteran, as the new member of the board of directors for CTC’s wholly owned affiliate Enterprise Ventures Corp. She will work with six current EVC board members including Ed Sheehan, president and CEO of CTC, the company said Tuesday. Fox previously worked at BAE...
BAE Systems‘ land and armaments division has received a $169.3 million contract modification to manufacture an additional 33 amphibious combat vehicles for the U.S. Marine Corps. USMC exercised options under the ACV production contract with a potential value of $3.35 billion, the Department of Defense said Wednesday. The branch will obligate $...
Eve, an urban air mobility platforms provider established by Embraer, has agreed to merge with blank check company Zanite Acquisition (Nasdaq: ZNTE) in a transaction that would take the former public and give the combined entity a pro forma equity value of $2.9 billion. The boards of directors of Embraer and Zanite have unanimously approved...
The State Department has approved two foreign military sales agreements worth approximately $9.4 billion combined for frigate modernization support and four multimission surface combatant ships or future frigates that the government of Greece intends to procure. The FMS deal for four Hellenic Future Frigates is worth $6.9 billion and the transaction...
Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, has been appointed chairman of the Aerospace Industries Association’s board of governors for 2022. He will also serve on the association’s executive committee along with Spirit AeroSystems President and CEO Tom Gentile, who is set...
BAE Systems will continue to supply military-code GPS receiver technology to the Department of Defense and its international allies under a $316 award from the Defense Logistics Agency. DLA exercised an option on a multiyear contract awarded to the company’s U.S. subsidiary in May to procure Modernized GPS User Equipment Increment 1 Common GPS...
Robert Smith, formerly a human resources executive at BAE Systems‘ U.S. subsidiary, has joined Amentum as vice president for diversity, equity and inclusion. He brings more than three decades of government and industry experience to his position and will be responsible for reinforcing Amentum’s workplace culture, the company said Tuesday...
