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GDIT wins $5.57B contract to upgrade military communications system
Falls Church-based General Dynamics Information Technology, a business unit of Reston Fortune 100 defense contractor General Dynamics, has won a $5.57 billion contract from the Air Force Mission Partner Capabilities Office, it announced Friday. Awarded in November, the single-award, indefinite-delivery, indefinite-quantity contract has a five-year base period and a five-year option, according to G[...]
Leidos lands $987M Air Force contract
Leidos has won an up to $987 million Air Force contract to provide sustainment support for F-16 Foreign Military Sales customers, the Reston-based Fortune 500 federal contractor announced Thursday. The F-16 Fighting Falcon is a supersonic multirole fighter aircraft used for air-to-air combat and air-to-surface attack. General Dynamics initially developed the F-16 before selling its […]
McLean’s QinetiQ US expands to Huntsville, Alabama
QinetiQ US, a McLean security and defense contractor, held a ribbon-cutting ceremony Tuesday to celebrate its expansion into Huntsville, Alabama. Known as “The Rocket City” for its role in the country’s development of space exploration, Huntsville is home to NASA’s Marshall Space Flight Center, which is located at the Redstone Arsenal. Originally established to make [&helli[...]
HII division lands $6.7B Air Force contract
The U.S. Air Force has awarded Huntington Ingalls Industries’ McLean-based Mission Technologies division a $6.7 billion contract to provide electronic warfare engineering and technical services support, according to a Thursday announcement from the defense contractor. The indefinite-delivery, indefinite-quantity contract is the largest Mission Technologies has yet landed, according to HII.[...]
Navy awards Raytheon potential $903.9M contract
The Navy has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract worth up to $903.9 million, if all options are exercised, to provide support for a sensor system, the U.S. Department of Defense announced Monday. The initial $34 million firm-fixed-price, cost-plus-fixed-fee, cost-plus-incentive-fee and cost only contract covers […[...]
BAE Systems wins up to $238M Navy ship repair contract
Falls Church-based federal contractor BAE Systems Inc. has won a Navy contract worth up to $238.8 million to maintain, modernize and repair a San Antonio-class amphibious transport dock ship. The Department of Defense announced the $212 million firm-fixed-price contract award, which has options that would bring its cumulative value to $238.8 million, to the U.S. […]
BAE Systems lands $202M in Navy ship repair contracts
Falls Church-based BAE Systems Inc.’s Norfolk Ship Repair unit has received two U.S. Navy contracts worth a combined $202 million for maintenance, modernization and repair of two vessels. The U.S. arm of British defense giant BAE Systems announced the awards Monday. Its shipyard employees and their subcontractors will begin working on the guided missile destroyer […]
AeroVironment to acquire BlueHalo for $4.1B
AeroVironment, an Arlington County defense contractor, announced this week it will purchase aerospace and defense tech firm BlueHalo for approximately $4.1 billion in an all-stock transaction. Also based in Arlington, BlueHalo is owned by private equity firm Arlington Capital Partners and works in space technologies, counter-uncrewed aircraft systems, directed energy, electronic warfare, cyber, ar[...]
Top Five November 2024
1 | U.S. port strike stops cargo operations at Port of Va. About 45,000 union dockworkers walked off the job at every major port along the East and Gulf coasts until they ended the strike after reaching a tentative deal three days later. (Oct. 1) 2 | Three Va. universities have […]
Defense tech startups close major funding rounds
Venture capital firms are betting big on two Northern Virginia-based defense contracting startups that are promising high-tech solutions to military challenges. In August, McLean-based Defcon AI announced it had raised $44 million in seed funding led by San Francisco investment firm Bessemer Venture Partners. The same month, Parry Labs in Alexandria raised $80 million in […]
Leidos wins $331M Army IT contract
The U.S. Army has awarded a $331 million IT contract to Leidos to modernize its network, the Reston-based Fortune 500 federal contractor announced Monday. The Army Program Executive Office for Command, Control, Communications and Network (PEO C3N), formerly known as the PEO C3T, awarded the contract, which has a one-year base period of performance with […]
Raytheon to pay $950M+ to resolve fraud, bribery charges
The U.S. Department of Justice announced Wednesday that Arlington County‘s Raytheon, a subsidiary of aerospace and defense contractor RTX, has agreed to pay more than $950 million to resolve multiple allegations that include fraud and bribing a Qatari official. Under Wednesday’s settlement, Raytheon must pay the following penalties: For two counts of major fraud in […]
