News

Lockheed Martin Wins $23 Million for US Navy’s Electronic Warfare Contract

September 19, 2017 @ 02:08 AM

Lockheed Martin is being awarded a $23 million modification contract to exercise options for engineering manufacturing and development for advanced off-board electronic warfare (AOEW). The AOEW program will provide an electronic warfare mission package to integrate with a flight vehicle
US Marine Management Wins $36 Million to Maintain 7 USNS Bob Hope

September 19, 2017 @ 01:57 AM

US Marine Management has won a $36 million contract for the operation and maintenance of seven USNS Bob Hope class surge large, medium-speed roll-on/roll-off vessels. This contract includes a 12-month base period, four 12-month option periods and a six-month option, which, if exercised, would bring the cumulative value of this contract to $196 million, the US Department of Defense said in a statement Monday
Northrop Grumman to Acquire Orbital ATK for $9.2 Billion

September 18, 2017 @ 01:04 PM

Northrop Grumman Corporation and Orbital ATK today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1
Pentagon Awards TOW Missiles Contract For Saudi Arabia, Lebanon

September 16, 2017 @ 10:53 AM

Raytheon has received almost $32 million worth contract modification for foreign military sales involving Saudi Arabia and Lebanon for tube-launched optically-tracked wireless-guided (TOW) missiles. “Raytheon Missile Systems, Tucson, Arizona, has been awarded a $31,485,233 modification (P00066) to domestic and foreign military sales (Saudi Arabia, and Lebanon) contract W31P4Q-12-C-0265 for tube-launched optically-tracked wireless-guided (TOW) missiles,” the US Department of defense announced Friday
Saab Wins Maintenance Contract For Swedish Armed Forces’ Telecommunications Net

September 15, 2017 @ 02:24 PM

Saab has signed a contract for maintenance of the Swedish Armed Forces telecommunications net for 2017-2018. The contract is signed with the Swedish Defence Material Administration (FMV) and concerns the maintenance of the Swedish Armed Forces telecommunications net, as well as planning, installation, and operational start-up
AVIC China Unveils New Unmanned Attack Helicopter At Heli Expo

September 15, 2017 @ 02:05 PM

Aviation Industry Corp of China has unveiled its new unmanned armed helicopter, AV500W at the fourth China Helicopter Expo that opened on Thursday in Tianjin. The AV500W unmanned autonomous helicopter developed and produced at the AVIC Helicopter Research and Development Institute has a maximum takeoff weight of 450 kilograms, a maximum speed of 170 kilometers per hour and a flight ceiling of 4,000 meters,
General Dynamics Wins $20 Million to Supply MK Bombs To Australia, Bahrain...

September 15, 2017 @ 06:30 AM

General Dynamics has won $20 million modification to foreign military sales (Australia, Bahrain, and Saudi Arabia) contract for MK82-6 bomb bodies (10,933), MK84-4 bomb bodies (866), and MK84-10 bomb bodies (1,365) in support of Air Force, Navy and foreign military sales requirements. Work is expected to be completed by Dec
Russian MC-21 Airliner Enters Second Stage of Test Flights

September 14, 2017 @ 10:31 AM

Irkut Corporation has started the second stage of in-plant development tests for Russias newest commercial plane MC-21, the manufacturer announced Wednesday. "On September 13, the second stage of MC-21-300 in-plant development tests program began," the corporation said in a report at its official homepage
Hyundai, HSL to Build Fleet Support Ships for Indian Navy

September 14, 2017 @ 09:16 AM

South Korean Hyundai Heavy Industries and Indian Hindustan Shipyard (HSL) will build fleet support ships for the Indian Navy in both the nations. The agreement is expected to be inked in mid-2018
Boeing Wins $600 Million for Designing Next US Air Force One

September 14, 2017 @ 04:07 AM

Boeing has won $600 million modification contract for new preliminary design activity requirements on the Presidential Aircraft Recapitalization (PAR) Program. This contract modification supplements work already taking place under the PAR contract, including risk reduction activities and the acquisition of two commercial Boeing 747-8 aircraft

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