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Northrop Grumman to sell IT, mission support biz for $3.4B
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced late Monday that it will sell its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate. This year, the Northrop Grumman business unit is expected to generate approximately $2.3 billion […]
Northrop Grumman lands potential $4.8B Air Force drone modernization
Northrop Grumman Corp. has received a potential $4.8 billion contract to update, refurbish and sustain the U.S. Air Force‘s fleet of RQ-4 Global Hawk unmanned aerial systems. The indefinite-delivery/indefinite-quantity contract for the Falls Church-based company includes task orders for specific UAS modernization services in line with the Air Force‘s Global Hawk program, the Department[...]
Northrop Grumman names chief technology officer
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Wednesday it has promoted Scott Stapp as chief technology officer (CTO). Stapp was most recently Northrop Grumman’s vice president of resiliency and rapid prototyping and has also previously served as vice president of applied research and technology development. In his new role, he […]
Northrop Grumman secures $186M Air Force contract
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. has received a 10-year, $185.7 million contract to extend engineering services for the U.S. Air Force‘s A-10 Thunderbolt jet fighter fleet. Built by Fairchild Republic Co. prior to its acquisition by Northrop, the A-10 aircraft is designed to help the Air Force perform airborne […]
PAE completes $208M acquisition, receives $98M Air Force contract
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Friday it has completed its $208 million cash acquisition of Burlington, Massachusetts-based Centra Technology Inc. The acquisition was first announced in late October. “The acquisition of Centra expands PAE’s addressable market into new, attractive mission-critical business areas[...]
Northrop Grumman completes design review for astronaut living quarters
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Wednesday it has completed the initial preliminary design review (PDR) for the Habitation and Logistics Outpost (HALO), which will serve as living quarters for astronauts at the Lunar Gateway mini space station during lunar exploration missions. The HALO design was inspired by Northrop Grumman’s Cygnus [&helli[...]
PAE to buy Arlington intelligence analysis company for $92M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday that one of its subsidiaries will acquire Arlington-based Metis Solutions Corp. for approximately $92 million in cash. Metis Solutions, which employs 450 people, provides services including intelligence analysis, operational and tactical training and program management. PAE provide[...]
Northrop Grumman wins $91M contract to produce aircraft tech
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Thursday it has won a $91 million contract to produce AN/APR-39D(V)2 digital radar warning receivers (RWR), which protect rotary and fixed-wing aircraft from modern radio frequency (RF) threats, according to the company. RWRs are small, lightweight systems that protect from threats including radar-guided missiles an[...]
General Dynamics IT lands $761.6M GSA contract
U.S. General Service Administration awarded Falls Church-based General Dynamics Information Technology Inc. (GDIT) a $761.6 million contract to update and secure information technology infrastructure that supports the U.S. Southern Command mission. Under the Southern Command’s (SOUTHCOM) Cyber Information Technology Enterprise Services (SCITES) contract, GDIT will provide global enterprise I[...]
PAE to acquire Mass.-based tech company for $208M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday plans to acquire Burlington, Massachusetts-based Centra Technology Inc. for $208 million in cash. “By acquiring Centra, PAE realizes a significant milestone in the execution of our strategic growth plan to be a provider of innovative, higher margin, knowledge-based offerings in a[...]
PAE names readiness, sustainment VP
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced last week it has named Cristal Rice as the vice president of its readiness and sustainment group. Rice comes from The Boeing Co., where she had worked since 2013. She was most recently the subdivision leader and senior program manager for U.S. […]
Falls Church office building sells for $87.5M
An office building in Falls Church sold for $87.5 million, commercial real estate advisory firm Newmark Knight Frank (NKF) announced Tuesday. Located at 3170 and 3180 Fairview Park Drive, the 284,333-square-foot property is 98% leased, with tenants including General Dynamics Information Technology, Capital Caring Health, Sheet Metal Workers’ National Pension Fund and Balfour Beatty. “D[...]
