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L3Harris (LHX) secures $28.4 million Navy contract for satellite communications Jul 2, 2025 05:22PM

Investing.com -- L3Harris Technologies (NYSE: LHX) has been awarded a $28.39 million contract by the U.S. Department of Defense for Commercial Broadband Satellite Program engineering support services.

The cost-plus-fixed-fee, indefinite-quantity/indefinite-delivery contract will provide engineering services for the CBSP System, which delivers terminal-to-shore, space and terrestrial connectivity to enhance Commercial Satellite Communications capabilities for the Navy... (continue reading...)


Boeing (BA) awarded $61 million DoD contract for anti-submarine warfare equipment Jul 2, 2025 05:20PM

Investing.com -- Boeing Co. (NYSE: BA) has been awarded a $61,175,927 contract modification by the U.S. Department of Defense for anti-submarine warfare equipment.

The firm-fixed-price, cost-plus-fixed-fee and cost modification to a previously awarded contract covers the production of High Altitude Anti-Submarine warfare weapon capability air launch accessory equipment, production support material, and related engineering and hardware support.

The contract modification... (continue reading...)


Raytheon (RTX) secures $77 million DoD contract for GPS receivers Jul 2, 2025 05:19PM

Investing.com -- Raytheon Co. (RTX)(NYSE: RTX) has been awarded a $77,204,209 requirements contract by the U.S. Department of Defense for Miniaturized Airborne Global Positioning System Receiver (MAGR) production and sustainment.

The contract covers repairs, production, sustainment, and engineering services for the MAGR-2K and 2K-M receivers. Work will be performed at Raytheon facilities in El Segundo, California, and Huntsville, Alabama.

The project is scheduled to be... (continue reading...)


Northrop Grumman (NOC) wins $39 million DoD contract for electronic warfare Jul 2, 2025 05:19PM

Investing.com -- Northrop Grumman (NYSE: NOC) Systems Corp. has secured a $38.96 million contract from the U.S. Department of Defense for electronic warfare engineering services.

The indefinite-delivery/indefinite-quantity contract will support the Electronic Warfare Avionics Integrated Support Facility, according to the DoD announcement.

Under the agreement, the Buffalo, New York-based company will provide recurring and non-recurring engineering tasks for several systems... (continue reading...)


Changan plans European factory to support sales expansion Jul 2, 2025 04:27PM

Investing.com -- Chinese automaker Changan plans to build a factory in Europe to support its future sales on the continent, a company executive said on Wednesday.

"We’re committed to being in Europe, making in Europe for Europe," said Nic Thomas, Changan’s European head of marketing, sales and service, during a test drive of the automaker’s electric Deepal S07 SUV at an event outside London. "We’re working on local manufacturing solutions here."

Thomas indicated that... (continue reading...)


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