Press Releases

CAES, a leading provider of mission critical electronics for aerospace and defense, announced today that it has been awarded a Low Rate Initial Production Phase 1 (LRIP1) Contract by Lockheed Martin Corporation for Phased Array Antennas to support its Advanced Off-Board Electronic Warfare (AOEW) system. The AOEW program delivers persistent electronic surveillance and attack capabilities against potential threats such as anti-ship missiles, thereby allowing naval warfighters to not only see in

Hughey & Phillips (H&P), a global leader in the airfield and obstruction lighting industry, announces a new award from the Naval Air Warfare Center Aircraft Division (NAWCAD) Lakehurst in support of the Navy's Expeditionary Airfield (EAF) program.  The five-year IDIQ contract has options totaling $37M.  The contract is estimated to create about 20 jobs initially in Florida and Ohio, with the potential to add up to 50 jobs. This contract was awarded for an advan

AT&T* was awarded a task order to modernize GuardNet, the command and control network that allows Army National Guard soldiers to access the Internet, connect with other networks and databases, and support training and mission planning and execution. The task order, awarded by the Defense Information Systems Agency's Defense Information Technology Contracting Organization is valued at $15 million over 11 years if all options are exercised. It was awarded via the General Serv

The U.S. Marine Corps declared Initial Operational Capability (IOC) for the CH-53K heavy lift helicopter, validating the platform's operational readiness to forward deploy Marines and equipment across the globe. Sikorsky, a Lockheed Martin Company (NYSE: LMT) designed and manufactures the CH-53K, which enables the U.S. Marine Corps and international militaries to move troops and equipment from ship to shore, and to higher altitude terrain, more quickly and effectively than ever before.

Maxar Technologies, provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced it was awarded U.S. Government mission support contracts in Q1 2022 worth up to $202 million over a six-year period. The total includes 27 awards across nine U.S. government customers—eight of which are Department of Defense or Intelligence Community organizations—for work including artificial intelligence and machine learning applications, advanced

L3Harris Technologies has been awarded a 4-year, $482 million USD performance based contract extension (PBC), with option years, to continue in-service support of the Royal Canadian Air Force’s (RCAF) CF-18 Hornet fighter aircraft fleet until its retirement that is currently estimated to occur in 2032. Under a Sustainment Business Case Analysis process, the four Sustainment Initiative principles of Performance, Value for Money, Flexibility, and Economic Benefits were the drive

L&T Technology Services Limited, a global leading pure-play engineering services company, has garnered a multi-year $100 million+ electric air mobility deal from Jaunt Air Mobility (Jaunt). As part of the contract, LTTS will open an Engineering and R&D Centre in Québec Province for the next-gen electric aircraft manufacturer to provide engineering services for the Jaunt Journey eVTOL (electric Vertical Takeoff and Landing) air taxi. Under the purview of Jaunt's Ur

SciTec, Inc., a non-traditional small business, was recently awarded separate contract vehicles supporting development of advanced capabilities in two of the DoD's major technology initiatives: Joint All Domain Command and Control (JADC2) and Artificial Intelligence (AI). The first, awarded March 14, 2022, by the Air Force Life Cycle Management Center (AFLCMC) for Advance Battle Management System (ABMS) supports the maturation, demonstration, and proliferation of capabilities ac

Viasat Inc., a global leader in satellite communications, today announced it has joined the Space Cluster on the Harwell Science and Innovation Campus as it seeks new technology and research partnerships in the UK. Harwell is home to the largest concentration of space expertise in the UK, with more than 1,400 people employed across over 100 private and public sector organizations, including the UK Space Agency and the European Space Agency. Harwell estimates that the space industry

Alpine Air Express, Inc., a leading regional air cargo carrier providing critical air infrastructure supporting a wide range of integrated logistics operations throughout North America, announced that it has acquired Suburban Air Freight Inc. ("Suburban"). Terms of the transaction were not disclosed. This strategic addition marks Alpine's second acquisition since becoming a portfolio company of AE Industrial Partners, LP ("AEI"), a private equity firm special

Griffon Corporation has entered into a definitive agreement to sell Telephonics Corporation (“Telephonics”) to TTM Technologies, Inc. (“TTM”) (NASDAQ:TTMI) for $330 million in cash. The transaction is expected to close within the second calendar quarter of 2022, subject to certain closing conditions and regulatory approvals. “We are pleased to announce the sale of Telephonics. This transaction will increase long-term value for our shareholders by streng

Flyer Defense, LLC is strengthening its reputation as one of the most reliable internally air transportable light tactical mobility vehicles on the market with the start of production on its single largest direct commercial sales contract to date. In partnership with the International Golden Group (IGG) in the United Arab Emirates, Flyer Defense completed initial shipment of its highly configurable Flyer 72 vehicle to the UAE Armed Forces and is set to enter full rate production by

Elbit Systems UK and KBR Inc's joint venture, Affinity Flying Training Services Ltd (Affinity), has embarked on a series of battery-powered flight tests for the UK Ministry of Defence to assess the feasibility of environmentally friendly alternatives to current military aircraft. The concept of trialling zero emissions aircraft, and the subsequent pathfinder, was brought to the Ministry of Defence by Elbit Systems UK through its joint venture with KBR Inc, Affinity. The introduc

Amentum has been awarded a five-year contract with a maximum value of $260 million by the Department of Homeland Security (DHS) Science & Technology Directorate (S&T) to develop and deploy emerging capabilities and prototypes for countering unmanned systems threats (C-UST). Amentum was awarded this contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders are awarded by the U.S. Air Force

Spirit AeroSystems Holdings, Inc. today announced a contract award from The Boeing Company to provide engine pylons and nacelles for the initial phase of the B-52 Commercial Engine Replacement Program (CERP). The total CERP effort is expected to replace 608 engines on the U.S. Air Force fleet of B-52H models. As part of the CERP contract, Spirit will support extending the life of the B-52 Stratofortress through at least 2050. The B-52 first entered the U.S. Air Force fleet in 1955.