The State Department has approved Australia’s request to procure up to 22 M142 High Mobility Artillery Rocket System launchers and related equipment from the U.S. government under a potential $975 million foreign military sale agreement. The proposed FMS transaction includes unitary and alternative warhead missile pods for the Guided Multiple ...
Kurt Bender, a 15-year information technology veteran in the aerospace and defense industries, has joined BWX Technologies (NYSE: BWXT) as director of IT. Bender announced his new role on a LinkedIn post Sunday and said he looks forward to driving digital transformation in the government and commercial sectors. He most recently served as senior dire...
L3Harris Technologies (NYSE: LHX) has officially added a business segment upon the completion of the Melbourne, Florida-based aerospace and defense contractor’s $4.7 billion cash purchase of propulsion system builder Aerojet Rocketdyne. Both parties first announced the $58-a-share deal in December 2022, with the acquirer aiming to grow its bus...
L3Harris Technologies (NYSE: LHX) reported $4.69 billion in second-quarter revenue, up 13 percent from the prior-year period, and lifted sales outlook for 2023 with growth across the company’s three core business segments. The Melbourne, Florida-based aerospace and defense contractor now expects full-year revenue of between $18.0 billion and $...
Leidos (NYSE: LDOS) and L3Harris Technologies (NYSE: LHX) have agreed to jointly propose an intelligence, surveillance and reconnaissance aircraft platform to the U.S. Army’s Theater Level High-Altitude Expeditionary Next Airborne – Signals Intelligence program. Leidos said Tuesday the partnership intends to equip a pair of Bombardier Gl...
Four U.S. lawmakers have urged the Department of Defense to strengthen its review process for mergers and acquisitions and be more transparent with the public about the findings of its reviews of such transactions while ensuring the need to safeguard national security and confidential business information. In a letter addressed to Defense Secretary ...
Tony Calderon, formerly a chief financial officer within Raytheon Intelligence & Space, has been appointed vice president of finance for the integrated mission systems unit at L3Harris Technologies (NYSE: LHX). He announced his new position in a LinkedIn post published Sunday and will oversee the financial performance of an organization that off...
L3Harris Technologies (NYSE: LHX) will produce a set of equipment and communication tools for the U.S. Air Force Tactical Air Control Party-Modernization program under a $246.4 million indefinite-delivery/indefinite-quantity contract. Under the IDIQ award, L3Harris will manufacture tactical radios, ancillary components and radio sets and stations fo...
The State Department has approved Kuwait’s request to continue its purchase of engineering technical and maintenance support services for C, D, E and F variants of the F/A-18 fighter aircraft from the U.S. government under a potential $1.8 billion foreign military sales agreement. Sigmatech, Kay and Associates, KBR (NYSE: KBR), L3Harris Techno...
D-Fend Solutions has named two vice presidents and one general manager to help the counter-drone technology provider accelerate its growth initiatives in the U.S. market. The company on Tuesday announced the appointments of S. Danny Rajan as U.S. general manager, Michael Langman as vice president of strategic partnerships and Brett Feddersen as VP o...
