Industry News

The Siemens Orlando office buildings in Florida will be bought by Owens Realty Capital for $14.3 million through Wells Real Estate Fund‘s Fund XIII and Fund XIV Associates, the Orlando Business Journal reported Tuesday. Anjali Fluker writes that the two buildings in Quadrangle Corporate Park were built 12 years ago and cover 82,560 square feet of space. The sale is expected […] More

Bill Lynn, DRS Technologies and Finmeccanica North America chief executive officer, urges the U.S. government and the defense industry to collaborate on establishing acquisition reform, fostering globalization and consolidating industry operations. Lynn, who is a former deputy secretary of the Defense Department, wrote Tuesday in Breaking Defense that the above actions are expected to ensure that the […] More

Lockheed Martin, Boeing and Airbus are bidding on a tender offer worth an estimated $5.5 billion to provide Denmark’s military with as many as 30 fighter jets, Reuters reported Monday. Teis Jensen and Ole Mikkelsen report that Danish officials will deliberate on the bids ahead of the award in mid-2015. The report said Saab was also qualified to bid on the […] More

Schafer Corp. has received a three-year task order to help the Defense Advanced Research Projects Agency manage research and development work in the computing, analytics and cyber areas, C4ISR & Networks reported Friday. Tony Ware writes that the company will also deliver scientific, engineering and technical services to the agency’s information innovation office. The order falls […] More

Raytheon is partnering with Rafael Advanced Defense Systems and other Israeli companies to provide the Mideast country’s defense ministry with antimissile weapon systems, The Boston Globe reported Thursday. Bryan Bender reports that following the development of the Iron Dome defense system, Raytheon is again in talks to build up to 15 additional batteries for the system against long-range missiles. He writes […] More

Corporate Counsel has released a report that indicates salaries for general counsel increased by $701,001 in 2013, The Washington Post reported Sunday. Catherine Ho writes the pay hike is a gain of 6.8 percent compared to a 7.4 percent year-over-year increase in 2012. Corporate Counsel surveyed the pay packages of 100 highest-paid legal officers last year […] More

Turkey’s defense procurement agency could release a final solicitation to acquire 10 missile boats for the Turkish navy before the close of the year, Defense News reported Sunday. Burak Ege Bekdil, citing industry sources, writes that the contract’s total value will range between $700 million and $800 million. While the competition is expected to draw […] More

The state of New York is considering establishing an umbrella contract for state and local governments’ information technology procurement, a move that could streamline the state’s procurement process and consolidate contracting opportunities, The Washington Post reported Sunday. Deltek‘s Derek Johnson, a general government services analyst at the firm, reports that New York’s Office of General Services has issued a request for information […] More

Huntington Ingalls Industries has won a $23.5 million contract to develop an amphibious assault ship for the U.S. Navy in compliance with the service’s cost-saving plan. Ingalls Shipbuilding division’s engineers and planners will work to design and construct the Navy’s amphibious assault ship LHA 8, Huntington Ingalls said Thursday. Brian Cuccias, Ingalls Shipbuilding president, said […] More

NASA is poised to test an engine for the Space Launch System, a rocket the agency and Boeing are building to send the Orion manned spacecraft into deep space. Engineers at NASA’s Stennis Space Center in Mississippi positioned the RS-25 rocket engine on a testing platform Thursday for developmental and certification flight tests, the agency […] More

MBDA has started to produce Brimstone 2 missile for the British air force to use on its fleet of Tornado GR4 aircraft. The Brimstone 2 missile is built to help the Tornado in guidance against targets and work through both safety methods and potential logistical issues, MBDA said Brimstone 2 enters the series production phase after a qualification of the Brimstone 2 IM rocket […] More

Orbital Sciences‘ Cygnus cargo spacecraft has delivered science, supplies and spacewalking payloads to the International Space Station under a $1.9 billion NASA resupply services contract. SS Janice Voss was launched aboard an Orbital Sciences-built rocket from NASA’s Wallops Flight Facility in Virginia and the Expedition 40 crew received the nearly 3,300 pounds of supplies at […] More