L3Harris Technologies (NYSE: LHX) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.7 billion in cash, or $58 per share, in a transaction that will allow the aerospace and defense contractor to further advance innovation and continue to deliver missile defense systems, hypersonics and other capabilities to the Department of ...
The U.S. Navy has awarded eight companies positions on a potential 10-year, $4.1 billion follow-on contract to provide production units, software, laboratory equipment, spares and system components for surface, shore and submarine platforms in support of the service branch’s Consolidated Afloat Networks and Enterprise Services program. CANES is th...
A joint venture between the Greenlandic unit of Vectrus and construction company Permagreen has won a potential 12-year, $3.95 billion contract from the U.S. Air Force to operate and maintain the Thule Air Base in Greenland. Detachment 1 of USAF’s 21st Contracting Squadron in Copenhagen, Denmark, received four proposals for the indefinite-deli...
Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $302.2 million undefinitized contract action to produce, deliver and engineer Mark 48 heavyweight submarine-launched torpedoes for the U.S. and Australian navies. Sixty-one percent of contract purchases are for the U.S. Navy and the remaining 39 percent are for Au...
John Eubank, a cyber defense executive and GovCon industry veteran, has joined the government arm of BlueVoyant as chief revenue officer. He will lead efforts to drive strategic growth and bring BlueVoyant Government Solutions’ supply chain risk management platform to federal agency clients, the company said Friday. Arun Sankaran, CEO at BlueVoyan...
Oshkosh‘s (NYSE: OSK) defense business will continue assisting the U.S. Army in its deployment of the Joint Light Tactical Vehicle Family of Vehicles as part of a $543.5 million contract modification. The award requires Oshkosh Defense to perform JLTV fielding support work at its Wisconsin location until July 31, 2024, the Department of Defens...
The $858 billion National Defense Authorization Act for fiscal year 2023 is now headed to the White House for President Joe Biden’s signature after the Senate voted 83-11 to pass the defense policy bill, The Hill reported Thursday. The NDAA reflects a $45 billion increase from the president’s budget request and seeks to authorize $817...
Yang Enterprises, a woman-owned company headquartered in Florida, has won a potential $235 million indefinite-delivery/indefinite-quantity contract to help U.S. Space Force personnel operate and maintain their base operations at a military airfield located on Ascension Island in the Atlantic Ocean. Under the 10-year contract, Yang will manage facili...
The Defense Threat Reduction Agency has issued a draft solicitation for a potential $150 million follow-on indefinite-delivery/indefinite-quantity contract to provide logistics services to the Cooperative Threat Reduction Directorate. The Threat Reduction Logistics Services II contract has an ordering period of five years and covers support in areas...
Boeing (NYSE: BA) has secured a $109.1 million contract modification from the Missile Defense Agency to continue the development and sustainment of the Ground-Based Midcourse Defense system against potential ballistic missile attacks. The recent award extends the performance period by 12 more months ending December 2024 and increases the value of th...
