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US Aerospace/Defense Companies & Contracts
 
BOEING EXPANDS OKLAHOMA CITY FACILITIES
Wednesday, July 29, 2015

Source: The Boeing Co.

OKLAHOMA CITY - Boeing has broken ground in Oklahoma City on a new 290,000-square-foot facility with space for approximately 800 employees. The new structure, the third in Boeing's existing campus in the city, is scheduled to open in the summer of 2016. It is slated to house employees working in engineering, research, and development laboratories as well as some support staff.

In conjunction with the groundbreaking ceremony, Boeing announced that the headquarters of its Aircraft Modernization and Sustainment (AM&S) division will move to Oklahoma City in the months ahead. AM&S provides support and modernization services for U.S. and coalition airlift, executive transport, airborne refueling, airborne command and control, and global strike capabilities. This includes commercial derivative aircraft, airborne early warning and control platforms, C-17 maintenance, tanker maintenance and support, and bomber/weapons modernization and logistics.

AM&S is part of Boeing's Global Services & Support (GS&S) unit. GS&S president Leanne Caret said, "We see a bright horizon for the aircraft sustainment business because of the highly trained and motivated workforce we have in Oklahoma City. Expanding our presence and bringing AM&S headquarters here continues a trend of combining Oklahoma's home-grown talent with the best of the enterprise to support some of our customers' most critical missions."

Source:  Boeing
Source Date: July 29, 2015
Posted: 07/30/2015

 
 
TRANSDIGM TO ACQUIRE PNEUDRAULICS
Tuesday, July 28, 2015

Source: TransDigm Group

CLEVELAND - TransDigm Group Inc has entered into a definitive agreement to acquire PneuDraulics Inc for approximately $325 million in cash. The purchase price includes approximately $107 million of tax benefits that are to be realized by TransDigm over the next 15 years. TransDigm expects to finance the acquisition through existing cash on hand.

Located in Rancho Cucamonga, California, PneuDraulics employs approximately 275 people. The company manufactures aerospace pneumatic and hydraulic components and subsystems for commercial transport, regional and business jet, and military applications. Aftermarket content accounts for approximately 35 percent of the company's revenues.

W. Nicholas Howley, Chairman and CEO of TransDigm, said, "PneuDraulics is a long-standing manufacturer of proprietary, sole-source products with established positions on a number of high-use platforms, strong aftermarket content, and an outstanding reputation. The highly engineered products will allow us to expand our content on a number of substantial platforms, including Boeing 787 and Airbus A350. PneuDraulics fits well with our consistent product and acquisition strategy. As with all TransDigm acquisitions, we see opportunities for significant value creation."

The acquisition, which is expected to close in the coming months, is subject to regulatory approvals and customary closing conditions.

TransDigm produces components for use on nearly all commercial and military aircraft in service today. Major products include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, pumps and valves, power conditioning devices, AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, cockpit displays, aircraft audio systems, lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, and cargo loading, handling, and delivery systems.

Source:  TransDigm Group Inc
Source Date: July 28, 2015
Posted: 07/30/2015

 
 
CACI TO PROVIDE OPERATIONAL SUPPORT FOR OFFICE OF UNDER SECRETARY OF DEFENSE
Thursday, July 30, 2015

Source: CACI

ARLINGTON, Va. - CACI International Inc has been awarded a task order contract valued at $48.6 million to provide operational support services for the Office of the Under Secretary of Defense (Comptroller) (OUSD(C)). The four-year, eight-month task order was awarded under the Alliant contract vehicle and represents continuing work for CACI in the company's Business Systems market area.

The Comptroller is the principal advisor to the Secretary of Defense for budgetary and fiscal matters, including financial management, accounting policy and systems, management control systems, budget formulation and execution, contract and audit administration, and general management improvement programs.

Under the terms of the award, CACI will continue providing on-site operational support to the mission systems of OUSD(C) in areas relating to system maintenance, information security/assurance, integration, conversion, migration, report generation, documentation, training, and guidance. Over 140 federal agencies rely on enterprise-level business systems built by CACI to manage their budgets, accounting, payroll, and human resources functions.

Source:  www.caci.com
Source Date: July 30, 2015
Posted: 07/30/2015

 

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