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Latest Federal & Government Contracting Companies' News Coverage

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Honeywell and the U.S. Army have agreed to test-fly a Chinook helicopter with a new variant of the company's T55 engine to demonstrate the motor's power output and fuel consumption. The 6,000-horespower machine is designed to generate 25 percent more power and consume 10 percent less fuel than the current model.

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A new Research and Markets forecast says increasing demand for new aircraft and use of unmanned aerial vehicles worldwide will be among the factors that will drive 3D printing growth in the aerospace sector over the next seven years. The global market for aerospace 3D printers reached a value of $1.12B last year and is projected to experience a 25.3 percent compound annual growth rate to hit $6.81B by 2027.

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Boeing has been awarded a $477 million performance-based contract from the Defense Logistics Agency (DLA) to provide supplies, full supply chain management and logistics services, the company announced Tuesday. “Boeing's supply chain management and distribution capabilities will help ensure parts are accessible whenever and wherever they are needed based on their use," said John Guasto, director of global integrated services support.

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