Posts from ExecutiveBiz for 03/30/2015

South Korea Taps Lockheed, Raytheon for Fighter Jet and Missile Programs

Lockheed Martin (NYSE: LMT) and partner Korea Aerospace Industries have won a $7.88 billion contract to build a mid-level fighter jet for South Korea, Reuters reported Monday. Joyce Lee writes the companies will jointly develop jets meant to replace the Asian ally’s F-4 and F-5 fighters by 2025 under the KF-X fighter jet program…

Raytheon to Supply Ground Segments for Northrop-Built Global Hawk in South Korea

Raytheon will provide ground stations for Global Hawk unmanned aircraft systems based in South Korea under a $45.7 million contract with Northrop Grumman. The work to supply one building-based and one mobile ground segment to support four of the Korean surveillance planes will occur in Dulles, Virginia through mid-2019, Raytheon saidMonday…

Thomas Carrato: Health Net Extends Support for DoD’s Tricare Program

Health Net‘s federal services subsidiary has received a contract modification from the Defense Department to extend the unit’s support for the Tricare healthcare program through the end of March 2018…

DARPA Picks 4 Contractors to Make Subreflector-Based Imaging Radars

The Defense Advanced Research Projects Agency has awarded four companies contracts worth up to $11.3 million combined for the Advanced Scanning Technology for Imaging Radars program, Military & Aerospace Electronics reported Friday…

NASA Taps HX5 Sierra for $363M Testing Facilities Support Contract

HX5 Sierra has been awarded a potential 10-year, $363 million contract to help run, engineer and maintain testing facilities at NASA‘s Glenn Research Center and Plum Brook Station in Ohio. The cost-plus-fixed-fee contract is effective June 1 and carries an initial value of $47…

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