Currently browsing entries tagged press release
August 26, 2008 @ 3:24 pm
· Filed under Boeing, Contract Awards, Military Aviation, U.S. Army, production program
The Army awarded Boeing a 5 year contract for CH-47F cargo helicopters. The number procured is 181 with 10 options. There will also likely be some FMS sales from this contract. The CH-47F is the latest variant of the helicopter with sophisticated avionics and improved capabilities. 48 have been built to [...]
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Tagged with: afghanistan, army contract, Boeing, cargo helicopters, comanche, helicopter, high altitude, news story, press release, sophisticated avionics, temperature capabilities, wall street, wall street journal, wing aircraft
August 20, 2008 @ 1:59 pm
· Filed under Contract Awards, IT, TCS, U.S. Marine Corps, logistics, production program
The USMC exercised a contract with TeleCommunications Systems to buy their Wireless Point-to-Point Link (WPPL) system to support deployed forces. The initial contract is worth about $3 M, but the company hopes to grow this through options to a total of $70 M by 2011. The WPPL System provides network and communication wireless [...]
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Tagged with: capabilities, initial contract, line of sight, logistic activities, news story, press release, telecommunications systems, usmc, wireless capability, wppl
August 19, 2008 @ 4:23 pm
· Filed under Contract Awards, England, L-3, Military Aviation, logistics, production program
L3 was awarded a contract by the UK’s Ministry of Defence to perform replacement of the outer wings of three C-130 aircraft. The contract is worth over $18 M. The actual work will be done in Canada. Like many European companies expanding in the US market; it also behooves US ones to [...]
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Tagged with: c 130 aircraft, Canada, ministry of defence, nato, nato countries, news story, outer wings, press release, uk germany, united kingdom
August 14, 2008 @ 4:40 pm
· Filed under Allied Defense Group, Earnings, logistics, production program
Allied Defense Group announced their quarterly results. See a press release here. The company had a good second quarter with revenue and EPS up significantly. This was primarily driven by sales of ammunition and the contract to build a plant in Jordan.
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Tagged with: Allied Defense Group, news story, press release, quarterly results
August 12, 2008 @ 2:54 pm
· Filed under AM General, Contract Awards, U.S. Army, logistics, production program
AM General was awarded a contract to build more HUMVEES for the Army. See a press release here. The contract is worth over $240 M. The HUMVEE is the ubiquitous jeep replacement in the US military. Although the soft skinned version has been replaced in Iraq and Afghanistan by up armored [...]
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Tagged with: afghanistan, general purpose, humvee, humvees, Iraq, jeep, press release, purpose vehicle, U.S. Army
August 11, 2008 @ 2:47 pm
· Filed under BBN Technologies, Contract Awards, DARPA, IT, S&T, development program
BBN Technologies won a contract from the DARPA to develop network monitoring software. See a press release here. Under the contract as part of the Scalable Network Monitoring program, BBN Technologies will work to build software that will adjust to the size of the network to monitor for attacks and inspect use. [...]
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Tagged with: BBN Technologies, DARPA, monitoring program, network monitoring software, press release, scalable network
August 7, 2008 @ 2:22 am
· Filed under Contract Awards, Lockheed Martin, NGIA, logistics, space, training
Lockheed Martin was awarded a contract from the National Geospatial Intelligence Agency (NGIA) to provide training to its employees and other intelligence analysts across DoD. See a press release here. The contract has a value of $32 M and is an option on an existing contract. Lockheed Martin is responsible for running [...]
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Tagged with: agency awards, geospatial intelligence agency, intelligence analysts, Lockheed Martin, national geospatial intelligence, national geospatial intelligence agency, news story, press release
August 5, 2008 @ 3:08 pm
· Filed under Acquisitions, Australia, IT, RLM Holdings, Tenix Group, logistics
Lockheed Martin has moved to buy a joint venture it had set up in Australia today. See a press release here. RLM Holdings was a company established by Lockheed Martin and the Tenix Group to manage the Jindalee Operational Radar Network (JORN) and provide other defense services. The JORN is a large [...]
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Tagged with: Australia, joint venture, Lockheed Martin, news story, press release
August 4, 2008 @ 3:04 pm
· Filed under CombiMatrix, Contract Awards, DARPA
DARPA awarded CombiMatrix a contract to conduct basic research into their core technologies. See a press release here. The contract is worth up to $250 K. CombiMatrix works with molecules to develop detection systems for things like bio and chemical weapons. The technology also has commercial applications. DoD has put [...]
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Tagged with: chemical and biological weapons, chemical weapons, CombiMatrix, commercial applications, core technologies, current systems, DARPA, dod science, molecules, press release, science and technology, swipe
July 30, 2008 @ 2:01 pm
· Filed under Earnings, IT
ManTech is a second tier defense contractor that provides services and support to the US military. For the quarter ending in June ManTech reported income of $21.9 M. See a press release here. This was a substantial improvement over the same quarter in 2007. Much of the increase came from large [...]
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Tagged with: Contract Awards, defense contractor, defense contractors, last quarter, mantech, press release, substantial business, substantial improvement
July 30, 2008 @ 1:54 pm
· Filed under Contract Awards, FLIR, U.S. Army, production program
The US Army awarded FLIR Systems a $30 M contract for more systems to support ground based force protection systems. See a press release here. FLIR Systems has long built sensors for aircraft but recently the US has invested in this technology for the monitoring of perimeters and base security. FLIR Systems [...]
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Tagged with: delivery orders, flir systems, news story, press release, U.S. Army
July 28, 2008 @ 3:43 pm
· Filed under Contract Awards, Department of Defense, General Dynamics, IT, logistics, medicine
General Dynamics was one 23 companies awarded a possible right to get work under a large ID/IQ contract for planning and support. See a press release here. The contract if all options are exercised could be worth up to $5 B. Like all of these contracts, though, there is no guarantee that [...]
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Tagged with: General Dynamics, iq, Lockheed Martin, military health system, news story, press release, system contract
July 24, 2008 @ 2:18 pm
· Filed under BL Harbert International, BRAC, Congress, Contract Awards, Federal Budget Process, U.S. Army, logistics
B.L. Harbert International won the contract to build two new building complexes at Redstone Arsenal (RSA) as part of the last round of BRAC moves. See a press release here. BRAC was good to RSA as it moved the headquarters of the US Army Material Command (AMC) and the US Army Security Assistance [...]
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Tagged with: amc, army material command, army security, foreign countries, harbert international, press release, redstone arsenal, rsa, security assistance, U.S. Army, usaca, weapons
July 22, 2008 @ 5:24 pm
· Filed under Earnings, Lockheed Martin
Lockheed Martin continued the string of defense contractors reporting good earnings as the rest of the economy struggles. See a press release here. Lockheed had a 13% increase in profit over the last year with a solid increase in earnings. The company also is starting to sound cautious about the expected downturn [...]
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Tagged with: defense contractors, Earnings, economy, Lockheed Martin, news story, press release, quarterly profit
July 22, 2008 @ 5:19 pm
· Filed under General Dynamics, IT, Satellites, U.S. Air Force, development program, space
General Dynamics as part of the Mobile User Objective System (MUOS) satellite base communication network installed the antennas for the first of four groundstations. See a press release here. MUOS will provide a cell phone like communication system through satellites. It will eventually have four ground stations with the first being in [...]
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Tagged with: antennas, communication network, General Dynamics, milestone, mobile user, news story, objective system, press release, satellite base
July 21, 2008 @ 3:31 pm
· Filed under Boeing, Contract Awards, FMS, Military Aviation, Qatar, production program
Boeing will continue the C-17 production line for a few more years. See a press release here. No details of how many aircraft or contract value were provided. Boeing is on contract for 190 C-17s for the USAF, of which 175 have been delivered. 15 more were just placed on contract [...]
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Tagged with: Boeing, c 17 globemaster, few more years, news story, press release
July 21, 2008 @ 3:25 pm
· Filed under Contract Awards, IT, Raytheon, U.S. Navy, development program
Raytheon was awarded a contract today to continue work on Cooperative Engagement Capability (CEC). See a press release here. CEC is a natural development of the work the Navy has done with datalinks for the last 50 plus years. By the Nineties the Navy was able to share the sensor picture from one ship with [...]
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Tagged with: control solution, cooperative engagement capability, datalinks, fire control, gulf war, missile, nineties, press release, Raytheon, sensor grid, ships, twentieth century, U.S. Navy
July 19, 2008 @ 4:50 am
· Filed under Contract Awards, General Dynamics, U.S. Marine Corps, logistics, production program
The USMC purchased 773 MRAP from General Dynamics. See a press release here. The contract is worth over $500 M. These are RG-31 MRAP designed in South Africa and will be sent to Afghanistan. The RG-31 was selected as it is smaller and lighter then other MRAP in the inventory and [...]
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Tagged with: afghanistan, General Dynamics, MRAP, press release, south africa, usmc
July 17, 2008 @ 2:33 pm
· Filed under Contract Awards, Sabre Defence, U.S. Marine Corps, U.S. Navy, production program
The US Navy, along with the USMC, and acting for FMS customers awarded a contract to Sabre Defence to manufacture M16 rifles. See a press release here. Sabre becomes only the third company to manufacture military specification M16 rifles since its introduction in the early Sixties. The order seems small at under [...]
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Tagged with: fms customers, m16 rifles, name news, press release, sabre, U.S. Navy, usmc
July 17, 2008 @ 2:23 am
· Filed under Contract Awards, DLA, Saft, logistics, production program
The Defense Logistics Agency (DLA) signed a contract with SAFT for batteries. See the press release here. While SAFT is a French company the batteries will be made in NC at their plant. The contract is for up to 5 years and could be worth $170 M. With the amount of [...]
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Tagged with: batteries, defense logistics agency, DLA, maximum story, news story, press release, Saft
July 15, 2008 @ 2:39 pm
· Filed under Contract Awards, Military Aviation, Northrop Grumman Corp., U.S. Air Force, logistics
The US Air Force awarded an omnibus maintenance contract. Northrop Grumman was one of the twelve companies that qualified for the contract. See the press release here. If all parts of the contract are executed the value could be as much as $10 B. Normally how these contracts work the government, [...]
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Tagged with: grumman, maintenance contract, northrop grumman, Northrop Grumman Corp., press release, us air force
July 14, 2008 @ 5:55 pm
· Filed under Armstrong Tools, Contract Awards, U.S. Army, U.S. Marine Corps, logistics, production program
Armstrong Tools announced that they were awarded a contract to provide standardized tool sets to the US Army and Marine Corps. See the press release here. One of the key components of the contract is that it is Berry Amendment friendly. The contract is for over 90,000 kits and is worth over [...]
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Tagged with: Armstrong Tools, army and marine, article article, jsp, marine corps, press release, tool sets, U.S. Army
July 14, 2008 @ 2:23 pm
· Filed under CombiMatrix, Contract Awards, Department of Defense, IT, development program, logistics, medicine
CombiMatrix received a contract from DoD to continue development of hand-held diagnostic equipment for use in the field. See the press release here. The contract is worth over $900 K. DoD as well as other government agencies are evaluating products based on CombiMatrix’s systems to detect bacteriological and chemical systems. This [...]
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Tagged with: CombiMatrix, diagnostic equipment, dod, new contract, news story, press release
July 12, 2008 @ 4:33 am
· Filed under Congress, Earnings, Federal Budget Process, IT, Military Aviation, Satellites, development program, logistics, missile defense, production program
CNNMoney has a preview of the upcoming earnings report for a variety of US defense contractors. See this for more. Not surprisingly the outlook is good. The US defense budget remains large and will probably not see any downturn until 2010 at the earliest depending on the US election. Rockwell Collins [...]
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Tagged with: defense budget, defense contractors, downturn, earnings report, last quarter, press release, Rockwell Collins
July 12, 2008 @ 4:26 am
· Filed under Allied Defense Group, Congress, Contract Awards, FMS, U.S. Army, afghanistan, logistics
Fresh off all of the problems with the contract let to AEY, the US has moved to a more traditional source for ammo for Afghanistan’s military and police. See the press release here. Allied Defense Group has been awarded a FMS contract to provide ammo. Allied has grown significantly over the last [...]
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Tagged with: afghanistan, Allied Defense Group, ammo, ammunition, press release, traditional source