The contract is for providing support and components for a range of auxiliary power units for 7 kinds of aircraft. As per a statement by the Pentagon, Honeywell International Inc has won a $1.04 billion contract for support of auxiliary… Read More ›
contract
Tribune Media Co exits from Sinclair Broadcast Group’s $3.9 billion deal
Tribune Media Co was to be acquired by Sinclair Broadcast Group for $3.9 billion. On Thursday, Tribune Media Co has terminated its $3.9 billion deal to be acquisition by Sinclair Broadcast Group, citing regulatory hurdles. Federal Communications Commission (FCC) Chairman… Read More ›
Lockheed Martin Corp wins contract worth $451 from the Pentagon
The terms of the contract includes providing materials and designs for 4 Multi Mission Surface Combatant ships and includes foreign military sales to Saudi Arabia. As per a report from the Pentagon, Lockheed Martin Corp has won a contract to… Read More ›
MGM Holdings Inc to replace its CEO Gary Barber
MGM Holdings has yet to cite a reason for terminating its CEO five year contract. MGM Holdings Inc stated, it has begun a search for a new CEO and will replace its current Chief Executive Gary Barber. The move comes… Read More ›
Goldman Sachs preparing to move its London-based team to Frankfurt
Members of Goldman Sach’s derivatives and debt capital markets teams, working on German accounts, have been told to relocate to its offices in Frankfurt. According to two sources with knowledge of the matter, Goldman Sachs has put more than 2… Read More ›
Boeing wins $6.2 billion contract for 36 F15 fighter jets
The development is in line with U.S. President Donald Trump’s strategy of boosting the sale of U.S. weapons exports to friendly countries. On Friday, the Pentagon stated, Boeing Co has been awarded a $6.2 billion contract for 36 F-15 fighter… Read More ›
Leidos Innovation Corp wins $727.7 million defense contract from the Pentagon
The area of operation for this contract agreement is Afghanistan. The Pentagon has disclosed that Leidos Innovation Corp, a unit of Leidos Holding Corp has been awarded a $727.7 million contract to provide support for the Afghan Air Force and… Read More ›
American Material Handling Equipment wins $925 million defense contract
The fixed price contract is subject to market changes and has a ceiling of $925 million. The Pentagon has disclosed that American Material Handling Equipment Inc has been awarded a maximum of $925 million for a fixed-price with economic-price-adjustment defense… Read More ›
Tesla offers Australia a helping hand to solve its massive power outages
Australia desperately needs within the next 2 years more installations of wind and solar energy plants to avert severe blackouts. Elon Musk, Tesla’s CEO, has offered to save Australians from their dependency from the state by installing battery storage worth… Read More ›
Lockheed Martin wins $450M contract: Pentagon
This contract is linked to a previous contract in which Lockheed was to build and delivery F-35A fighter jets to South Korea. The Pentagon has reported that Lockheed Martin Corp has been awarded a contract worth $450 million, which is… Read More ›
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