Boeing's Tech Venture Unit Invests In Detect And Avoid Radar Company

Boeing [BA] on Thursday said its HorizonX Ventures arm is part of a $15 million financing round for Fortem Technologies, a developer and manufacture of radar systems that enable unmanned aircraft systems (UAS) to safely fly beyond visual limits.Boeing doesn’t disclose the investments HorizonX makes other than to say they take minority stakes that range between the single millions of dollars to the low double-digit millions. Fortem, which is based in Utah and has just under 100 employees, said its…

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

Boeing’s Tech Venture Unit Invests In Detect And Avoid Radar Company

Recommended