US Air Force eyes NGAD deliveries by 2030. Can it be done?

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  April 16, 2020 | International, Aerospace, Naval, Land

  VSE Corporation Announces Approximately $90 Million in Contract Awards

  Alexandria, Va.--(BUSINESS WIRE)—April 13, 2020 - VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets in the public and private sectors, today announced approximately $90 million in contract and delivery order awards with the United States Department of Defense (“DOD”). These awards include the following: A five- and one-half-year contract, commencing in the 2nd Quarter of 2020, to provide procurement and technical support services for the Marine Corps Advanced Amphibious Assault (AAA) family of vehicles. This award represents an increase in contract value, scope and capabilities for work currently performed by VSE. Delivery orders to provide services under VSE's Foreign Military Sales contract with the Naval Sea Systems Command (“NAVSEA”) International Fleet Support Program Office. Under these delivery orders, VSE will provide maritime program support including logistics, planning, repair and maintenance, training and engineering support to allied countries of the United States. “Our Federal Services Group recently launched a multi-year business development initiative that seeks to grow bookings and funded backlog through increased penetration of both new and existing markets,” stated John Cuomo, VSE President and CEO. “While this initiative remains in its early stages, these new contract awards reflect progress under our recently appointed Federal Services Group president, Robert Moore.” “VSE has decades of field-tested expertise in maintaining mission-critical vehicles, ships and aircraft that help to ensure optimal performance throughout their service life,” continued Cuomo. “We are proud to partner with both the Marine Corps and NAVSEA in support of their continued operational readiness.” About VSE Corporation VSE is a global provider of aftermarket distribution and repair services for land, sea and air transportation assets in the public and private sectors. VSE is a recognized leader in delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement and program management. VSE also provides energy, IT and consulting services. For additional information regarding VSE's services and products, visit www.vsecorp.com View source version on businesswire.com: https://www.businesswire.com/news/home/20200413005426/en/ Investor Relations Noel Ryan 720.778.2415 investors@vsecorp.com View source version on VSE Corporation: https://ir.vsecorp.com/news/press-releases/detail/254/vse-corporation-announces-approximately-90-million-in

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  August 19, 2020 | International, Naval, C4ISR

  Navy information warfare project received $400 million funding boost

  Andrew Eversden WASHINGTON — An information warfare project run by Naval Information Warfare Systems Command (NAVWAR) recently received hundreds of millions of dollars in new funds after a successful first 18 months, NAVWAR announced Aug. 17. NAVWAR's Information Warfare Research Project (IWRP), which uses an agile acquisition tool known as an Other Transaction Authority to quickly contract for and deliver IW tools, recently received a $400 million funding increase and two-year performance period extension after hitting its $100 million funding ceiling a year before the project was set to expire next summer. The massive bump was approved by Assistant Secretary of the Navy for Research, Development and Acquisition James Geurts. The project, which kicked off in October 2018, now has a $500 million ceiling and a five-year performance period. “IWRP has proven its effectiveness and successfulness as a streamlined approach to rapid prototyping,” said Jee Youn Fickling, IWRP program manager at Naval Information Warfare Center (NIWC) Atlantic, in a statement. “As interest increases to do more prototyping in order to keep up with the pace of technology, IWRP OTA offers the flexibility and speed within 14 technology areas. The growth in interest from IWRP users across many Navy and Marine Corps commands and program offices and the growth in the size of the consortium, speaks volumes to the need to quickly make awards for prototypes.” The project focuses on technology areas that include tools for cyber warfare, autonomous systems, cloud computing and data analytics. IWRP partners with industry and academia through a consortium managed by Advanced Technology International, a non-profit that builds research and development partnerships. In the last 18 months, the IWRP has released more than 800 prototyping opportunities, according to the NAVWAR press release. The consortium has more than 580 partners. IWRP users include NAVWAR, NIWC Atlantic, NIWC Pacific, Naval Sea Systems Command Logistics, Maintenance and Industrial Operations, Program Executive Office (PEO) for Digital Enterprise Services, PEO for Manpower, Logistics and Business Solutions, PEO Command, Control, Communications, Computers and Intelligence Space Systems, PEO Integrated Warfare Systems, Marine Corps Systems Command, Naval Analytics Office and Office of Naval Research. “IWRP has been a game changer and has proven to be a key enabler in rapid delivery of IW capability to the warfighter,” said Nicole Stone, director of rapid prototyping – information warfare at NIWC Pacific, in a statement. “Collaboration with our partners in industry, small business and academia, with the flexibility necessary to adapt to evolving requirements, is critical to our success in winning the fight. IWRP provides that platform for us.” https://www.c4isrnet.com/information-warfare/2020/08/18/navy-information-warfare-project-received-400-million-funding-boost/

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  July 10, 2024 | International, Aerospace

  Saudi Arabia signs deal for four Airbus A330 MRTT aircraft