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New York-based Drone USA has signed a letter of intent to buy an unidentified West Coast-based supplier of machine parts, spares and replacement tools to the defense and commercial sectors through a cash-and-stock transaction of an undisclosed sum. Drone USA CEO Michael Bannon said Thursday he expects the transaction to help bolster the company̵...

The U.S. Navy has awarded a potential $73 million contract to Arlington, Virginia-based defense and space company Falconwood to provide program management support to the naval enterprise networks office of the Program Executive Office – Enterprise Information Systems. The Defense Department said Thursday the Space and Naval Warfare System...

Precision Turbines has received a $45.8 million contract from the U.S. Navy to provide performance-based contractor logistics services for two UC-35C and 10 UC-35D aircraft to support the U.S. Marine Corps. The Defense Department said Thursday work will occur in Florida, Texas, Kansas, Louisiana, North Carolina, California, West ...

Jennifer Chronis, a former vice president in IBM‘s (NYSE: IBM) federal business and 15-year “Big Blue” veteran, has joined cloud computing services contractor Amazon Web Services as general manager for the Defense Department market, AWS has confirmed to GovCon Wire. Chronis will oversee accounts related to the f...

United Technologies Corp.‘s (NYSE: UTX) Pratt and Whitney business unit has secured a potential $64 million contract modification from the U.S. Air Force for F119 engine sustainment services. The Defense Department said Wednesday the Air Force Life Cycle Management Center will obligate $48 million from fiscal 2016 operations and maintenan...

Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and the Army Contrac...

Northrop Grumman (NYSE: NOC) has been awarded a 20-month, $600 million contract modification by the Missile Defense Agency to continue providing technical integration and operational support services for the U.S. ballistic missile defense system. The Defense Department said Tuesday the modification increases the contract’s total value&nbs...

AMTEC has received a potential $84.5 million contract from the U.S. Army to produce 40mm grenade systems for  Iraq AMTEC will perform work under the firm-fixed-price, foreign military sales contract through September 30, 2019, the Defense Department said Tuesday. The Army Contracting Command obligated the full contract ...

BAE Systems has secured a $53.4 million contract from the U.S. Navy to plan and execute depot-level maintenance and modifications on the USS Russell (DDG 59) destroyer. The Defense Department said Monday the fiscal 2016 selected restricted availability work will be performed at BAE’s San Diego shipyard through February 2017...