Kaman Corp. [KAMN] on Friday said it has completed its purchase of the aerostructure engineering design firm Global Aerosystems, giving it a more complete set of capabilities from design through component manufacturing, assembly, certification and post-production support. Kaman already is a supplier of aerostructure components and assemblies. Global also provides Federal Aviation Administration certification services to the aerospace industry. Global is now part of Kaman's Aerospace Segment. Global is expected to have $20 million in sales this year.
Contract Updates
Hartech Group LLC (New Port Richey, Florida) – $10,153,033
Hartech Group LLC, New Port Richey, Florida, has been awarded a maximum $10,153,033 firm-fixed-price contract for three high precision jig grinders with Fanuc controllers. This was a sole-source acquisition using justification 10 U.S. Code 3204 (c)(1), as stated in Federal…
Lockheed Martin Space (Sunnyvale, California) – $142,621,543
Lockheed Martin Space, Sunnyvale, California, is being awarded a $142,621,543 noncompetitive, cost-plus-incentive-fee, cost-plus-fixed-fee, and firm-fixed-price contract modification (P00073) under a Foreign Military Sales (FMS) case to the United Arab Emirates (UAE). The total value of the contract increased to $876,747,896.…
Amentum Services (Chantilly, Virginia) – $10,645,952
Amentum Services, Chantilly, Virginia, was awarded a $10,645,952 cost-no-fee, time-and-materials modification (P00074) to contract W58RGZ-25-C-0004 to provide global aviation maintenance services. The modification brings the total cumulative face value of the contract to $158,855,989. Work will be performed in Schofield…
General Electric Co. (Lynn, Massachusetts) – $26,950,000
General Electric Co., Lynn, Massachusetts, was awarded a $26,950,000 cost-plus-incentive-fee modification (P00100) to contract W58RGZ-19-C-0003 to support the engineering and manufacturing development of the improved turbine engine. The modification brings the total cumulative face value of the contract to $862,954,255.…