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March 3, 2021 | International, C4ISR, Security

Italy’s Leonardo to list DRS subsidiary on New York Stock Exchange

Italian state-controlled defense company Leonardo has confirmed plans to list U.S. subsidiary DRS on the New York Stock Exchange.

https://www.defensenews.com/industry/2021/02/26/italys-leonardo-to-list-drs-subsidiary-on-new-york-stock-exchange

On the same subject

  • Contract Awards by US Department of Defense - February 20, 2020

    February 24, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    Contract Awards by US Department of Defense - February 20, 2020

    NAVY Lockheed Martin Rotary and Mission Systems, Baltimore, Maryland, was awarded a $233,036,890 firm-fixed-price undefinitized contract action for the procurement of Mk 41 Vertical Launching System vertical launcher module assemblies, modernization kits and spare components. This contract combines purchases for the Navy (74%) and the governments of Korea (18%), Finland (4%), and Germany (4%) under the Foreign Military Sales program. Work will be performed in Baltimore, Maryland (40%); Indianapolis, Indiana (36%); Farmingdale, New York (9%); Saginaw, Michigan (5%); Waverly, Iowa (2%); Thomaston, Connecticut (2%); Chaska, Minnesota (2%); St. Peters, Missouri (1%); Hampstead, Maryland (1%); Santa Rosa, California (1%), and Peachtree City, Georgia (1%), and is expected to be completed by March 2025. Fiscal 2018, 2019 and 2020 shipbuilding and conversion (Navy) and foreign military sales funding in the amount of $46,607,377 was obligated at time of award and will not expire at the end of the current fiscal year. This contract was competitively procured via the Federal Business Opportunities website, with one offer received. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity (N00024-20-C-5310). (Awarded Feb. 14, 2020) Sikorsky Aircraft Corp. a Lockheed Martin Co., Stratford, Connecticut, is awarded an $11,967,528 modification (P00003) to a cost-plus-fixed-fee delivery order (N00019-19-F-2972) against a previously issued basic ordering agreement (N00019-19-G-0029). This modification provides non-recurring engineering to replace existing subsystems, such as the Data Transfer Unit, Defense Electronic Countermeasure System and ARC-210 radio, with the CH-53K production aircraft. Non-recurring engineering efforts include investigation, systems engineering support, risk analysis, integration development, weight impact, publication updates including maintenance, training, update tooling and qualification testing. Work will be performed in Cedar Rapids, Iowa (55.82%); Stratford, Connecticut (35.7%) and Fort Worth, Texas (8.48%), and is expected to be completed in August 2021. Fiscal 2018 aircraft procurement (Navy) funds in the amount of $11,967,528 will be obligated at time of award, all of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Bath Iron Works, Bath Maine, is awarded an $8,462,959 fixed-price incentive (firm target) modification to previously awarded contract N00024-14-C-2305 to exercise an option for accomplishment of post-delivery availability work items for Guided Missile Destroyer 118. Work will be performed in Bath, Maine (93%), Brunswick, Maine (6%), and other locations below 1 % (collectively totaling less than 1%) and is expected to be completed by February 2021. Fiscal 2013 shipbuilding and conversion (Navy) and fiscal 2013 other procurement (Navy) funding in the amount of $8,462,959 will be obligated at time of award and funding in the amount of $1,962,124 will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. AIR FORCE Dark Wolf Solutions LLC, Chantilly, Virginia, has been awarded a $75,000,000 blanket purchase agreement for cyber innovation services. This award was made from GSA Professional Services Schedule number: GS-00F-086GA. The contractor is a Phase III, Small Business Innovation and Research program participant. The location of performance is Hill Air Force Base, Utah. The work to be conducted includes software penetration testing and adversarial assessment. The work is expected to be complete by Oct. 19, 2020. Fiscal 2020 research development test and evaluation funds in the amount of $7,093,286 are being obligated at the time of award via task order FA7014-20-F-0041. Air Force District of Washington, Joint Base Andrews, Maryland, is the contracting activity (FA7014-20-F-0041). Williams Aerospace & Manufacturing (formerly Merex Aircraft Co.), a Kellstrom Defense company, has been awarded a $40,000,000 ceiling indefinite-delivery/indefinite-quantity contract for the acquisition of A-10 Speed Brake assemblies. This contract provides for upper and lower left speed brakes assembly and upper and lower right speed brakes assembly. Work will be performed in Camarillo, California, and is expected to be complete by February 2026. This award is the result of a competitive acquisition and three offers were received. Consolidated sustainment activity group working capital funds in the amount of $10,501,432 are being obligated at the time of award. The Air Force Sustainment Center, Hill Air Force Base, Utah, is the contracting activity (FA8212-20-D-0001). Chemring Energetic Devices Inc., Downers Grove, Illinois, has been awarded a $24,000,000 indefinite-delivery/indefinite-quantity contract for supply of various Cartridge Actuated Devices/Propellant Actuated Devices for various U.S. and Foreign Military Sales (FMS) aircraft. Work will be performed in Downers Grove, Illinois, and is expected to be completed by August 2027. The contract involves foreign military sales to Greece, Taiwan, Thailand, Switzerland, Uruguay, India, Saudi Arabia, Israel, United Arab Emirates, Belgium, Denmark, Indonesia, Iraq, Jordan, South Korea, Oman, Pakistan, Portugal, Romania, Singapore, Turkey, Poland, Bahrain, Tunisia, Egypt and The Netherlands. This award is the result of a sole-source acquisition. Air Force fiscal 2018 funding in the amount of $1,882,272; Air Force fiscal 2019 funding in the amount of $1,065,552; U.S. Navy fiscal year 2019 funding in the amount of $134,032; Foreign Military Sales funding in the amount of $2,539,705 are being obligated at the time of award under delivery order FA8213-20-F-2525. The Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity (FA8213-20-D-0002). C. Martin Company Inc., North Las Vegas, Nevada, has been awarded a $7,462,086 option exercise modification (P00007) to previously awarded contract FA8601-18-D-0004. This modification provides for the exercise of an option for additional facility and equipment support under the basic contract. The location of performance is Wright-Patterson Air Force Base, Ohio. The work is expected to be completed by March 31, 2021. Fiscal 2020 research development test and evaluation funds are being obligated shortly after award on a task order. The total cumulative face value of the contract is $21,941,348. Wright-Patterson Air Force Base, Ohio, is the contracting activity. DEFENSE LOGISTICS AGENCY Stonewin LLC,* New York, New York, has been awarded a minimum $59,678,523 fixed-price with economic-price-adjustment contract for marine gas oil. This was a competitive acquisition with 41 responses received. This is a 56-month base contract with one six-month option period. Locations of performances are Alabama, California, Florida, Massachusetts, Texas and South Carolina, with an Oct. 31, 2024, performance completion date. Using customers are Army, Navy, Coast Guard and federal civilian agencies. Type of appropriation is fiscal 2020 through 2025 defense working capital funds. The contracting activity is the Defense Logistics Agency Energy, Fort Belvoir, Virginia (SPE608-20-D-0350). EMIT Corp., Houston, Texas, has been awarded a maximum $20,000,000 fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for hospital equipment and accessories for the Defense Logistics Agency electronic catalog. This was a competitive acquisition with 104 responses received. This is a five-year contract with no option periods. Location of performance is Texas, with a Feb. 19, 2025, performance completion date. Using military services are Army, Navy, Air Force and Marine Corps. Type of appropriation is fiscal 2020 through 2025 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE2DH-20-D-0030). ARMY K S Ware & Associates LLC, Nashville, Tennessee, was awarded a $12,500,000 firm-fixed-price contract for value engineering services. Bids were solicited via the internet with seven received. Work locations and funding will be determined with each order, with an estimated completion date of Feb. 19, 2025. U.S. Army Corps of Engineers, Fort Worth, Texas, is the contracting activity (W9126G-20-D-0012). *Small business https://www.defense.gov/Newsroom/Contracts/Contract/Article/2089858/source/GovDelivery/

  • US Army ends Future Attack Reconnaissance Aircraft program

    February 8, 2024 | International, Land

    US Army ends Future Attack Reconnaissance Aircraft program

    The U.S. Army said on Thursday it was abandoning its development of a Future Attack Reconnaissance Aircraft (FARA), a next-generation scout helicopter, after some $2 billion had already been spent on the...

  • New in 2019: Air Force looks for new bomb designs to fight Russia and China

    January 4, 2019 | International, Aerospace

    New in 2019: Air Force looks for new bomb designs to fight Russia and China

    By: Kyle Rempfer A growing cohort of Air Force researchers are arguing that the service needs to undergo a munitions revolution if it is to take on a peer-level adversary in open conflict. “We're developing a range of technologies to enable next-generation and improve precision effects on the battlefield,” Col. Garry Haase, who helms the Air Force Research Lab Munitions Directorate, told an audience at the Air Force Association Annual Conference this fall. In some instances, that will mean more powerful munitions to breach and destroy Russian and Chinese structures in the event of war. “There is now a shift in emphasis away from minimizing to maximizing effects in a high-end fight,” said John Wilcox, vice president of advanced programs and technology at Northrop Grumman, at the conference. “Requirements from our missions directorate say we continue to have to deal with the whole spectrum of threats as we shift to more of a near-peer threat focus,” Wilcox added. “We are looking at larger munitions with bigger effects.” And while neither members of the AFA panel named Russia or China specifically, a recent study by the Mitchell Institute, which is aligned with the Air Force Association, certainly did. In the document, titled “The Munition Effects Revolution," several retired senior Air Force officers argue that the U.S. munitions arsenal is overdue for a shakeup. “The bomb body, a steel shell filled with explosive material, is relatively unchanged across the past 100 years," the study reads. "But some elements of modern munitions have significantly evolved—particularly guidance elements. Munition effects—the destructive envelope of heat, blast, and fragmentation—remain essentially unchanged.” High demand for combat aircraft is a key driver behind the need for enhanced munitions options, according to the Mitchell Institute. “The Air Force is currently operating the smallest and oldest aircraft force in its history,” the study reads. “Additionally, current mission capable rates are low and pilots are in increasingly short supply. To best meet combatant command requirements amidst these constraints, it is crucial to ensure each sortie flown and every bomb dropped yields maximum potential.” https://www.airforcetimes.com/news/your-air-force/2019/01/03/new-in-2019-air-force-looks-for-new-bomb-designs-to-fight-russia-and-china

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