Business

Raytheon wins multiple contracts

Posted January 18, 2019 by

AIM-9X tactical missiles Raytheon was awarded the following contract as announced by the Department of Defense on Dec. 28, 2018. Raytheon Missile Systems, Tucson, Ariz., is awarded a not-to-exceed $434,389,104 for an undefinitized modification P00001 to a previously awarded, fixed-price-incentive-firm contract (N00019-18-C-1068). This modification provides for the procurement of AIM-9X Lot 18 production requirements to…

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Business

Northrop Grumman showcases vehicle active protection system for U.S. Army

Posted January 16, 2019 by

Northrop Grumman demonstrated advanced Vehicle Active Protection System technologies against Anti-Tank Guided Munitions during the U.S. Army Tank Automotive Research Development Engineering Center sponsored Soft-kill Rodeo in Huntsville, Ala., Oct. 5-31.

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Business

U.S. Navy, Air Force award Lockheed Martin second production lot for LRASM

Posted January 16, 2019 by

Lockheed Martin received a $172 million contract from the U.S. Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production.  The contract continues the production for the air-launched variant of LRASM, including a full production run of missiles and engineering support. This is the second of several expected annual production lots that will deliver…

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Business

Raytheon signs mentoring agreement with Phoenix Products, Inc.

Posted January 16, 2019 by

Raytheon Company Kentucky-based Phoenix Products, Inc., have signed a U.S. Department of Defense Mentor-Protégé agreement to produce Naval Strike Missile, or NSM, transport containers under a $1.6 million U.S. Navy contract. PPI is a woman-owned, small business that is in a Historically Underutilized Business Zone. Raytheon and Oakwood University in Huntsville, Ala., will train and…

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Business

U.S. Navy commissions Littoral Combat Ship 13 (Wichita)

Posted January 14, 2019 by

The U.S. Navy commissioned USS Wichita (LCS 13) — the nation’s seventh Freedom-variant Littoral Combat Ship — at Naval Station Mayport, Fla., Jan. 12 before a crowd including active-duty and veteran sailors. This milestone places the ship, built by the Lockheed Martin-led team into active service. Unique among combat ships, LCS is designed to complete…

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Business

Embraer, Boeing welcome Brazilian government approval of strategic partnership

Posted January 14, 2019 by

Embraer and Boeing have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government’s approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations…

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Business

U.S. Air Force accepts first Boeing KC-46A Pegasus tanker aircraft

Posted January 11, 2019 by

On Jan. 10, the U.S. Air Force has accepted the first Boeing KC-46A Pegasus tanker aircraft, setting the stage for the aircraft’s delivery to McConnell Air Force Base, in Wichita, Kansas, in the coming weeks.

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Business

Northrop Grumman receives LITENING targeting pod IDIQ award with $1.3 billion potential

Posted January 11, 2019 by

Northrop Grumman photograph Northrop Grumman’s LITENING advanced targeting pod includes a suite of advanced high-resolution sensors and a data link for intelligence, surveillance, reconnaissance and target acquisition. The U.S. Air Force has awarded Northrop Grumman a $1.3 billion indefinite delivery, indefinite quantity award for LITENING advanced targeting pod sustainment, production, software and upgrades. “Since the…

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Business

Boeing sets new airplane delivery records, expands order backlog

Posted January 9, 2019 by

Boeing delivered 69 737 airplanes in December and set a new annual record of 806 deliveries in 2018, surpassing its previous record of 763 deliveries in 2017. Even as Boeing delivered more jetliners, the company again grew its significant order book with 893 net orders, including 203 airplane sales in December. “Boeing raised the bar…

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Business

Northrop Grumman receives $3.6 billion IDIQ contract for infrared countermeasures systems

Posted January 7, 2019 by

Northrop Grumman has received a $3.6 billion indefinite delivery, indefinite quantity award for Large Aircraft Infrared Countermeasure systems and support from the U.S. Air Force. Under the IDIQ, the Air Force may issue task or delivery order awards up to the ceiling amount specified in the contract.

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