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2 Min Read FILE PHOTO: A RAF Lockheed Martin F-35B fighter jet taxis along a runway after landing at the Royal International Air Tattoo at Fairford, Britain July 8, 2016. REUTERS/Peter Nicholls WASHINGTON (Reuters) - Antitrust regulators will likely lengthen their investigation into Lockheed Martin Corp’s proposed purchase of rocket maker Aerojet Rocketdyne Holdings Inc, industry executives said, since the deal would give the No. 1 defense contractor ownership of a vital piece of the U.S. missile industry. The $4.4 billion dollar deal, announced late last year, has raised eyebrows because Lockheed would take over a company that produces 70% of the solid fuel rocket motors and other propulsion products used in everything from antiballistic missiles, to air-to-air missiles.
ANOTHER “significant milestone” is said to have been reached for the Shetland Space Centre after a launch provider was selected for a government-backed project which aims to see the UK’s first vertical satellite launch take off from Unst. California developer ABL has been...
This week in history: February 1-7 31 January 2021 Antonio Maccanico On February 1, 1996, merchant banker and two-time former cabinet minister Antonio Maccanico was named as interim prime minister of Italy. He was the first would-be premier to receive the support of both the ex-Stalinist PDS (Party of the Democratic Left) and the neo-fascist National Alliance, an event that marked a further stage in the rightward evolution of the remnants of the Italian Communist Party. The right-wing Forza Italia of Silvio Berlusconi also supported Maccanico’s selection by President Oscar Luigi Scalfaro to replace another non-party technocrat, banker Lamberto Dini, who resigned a month prior after a year in office. But Maccanico was unable to form a government despite the support of the three major voting blocs, and returned his mandate two weeks later.
By Adam Mazmanian NOTE: This story first appeared on FCW.com. Leading Democrats on the House Committee on Oversight and Reform are pushing $9 billion in technology refresh money as part of the larger $1.9 trillion pandemic relief and recovery package being pushed by the Biden administration. In a Jan. 27 letter led by Oversight Chairwoman Rep. Carolyn Maloney (D-N.Y.) and Government Operations Subcommittee Chairman Rep. Gerry Connolly (D-Va.), lawmakers stressed the importance of expanding the Technology Modernization Fund – a pot of no-year money that agencies can tap for projects to improve service delivery, to move systems to the cloud and other efforts to cast off expensive and creaky legacy systems.
By Natalie Alms NOTE: This story first appeared on FCW.com. The Biden administration tapped former officials to senior slots at the General Services Administration, but the nomination of an administrator is still to come. Katy Kale, who served as GSA's chief of staff during the Obama administration, was appointed to the post of deputy administrator and will serve as acting head of the agency until a top official is appointed and confirmed. Kale led the new administration's GSA transition team Sonny Hashmi was tapped to serve as commissioner of the Federal Acquisition Service. He was GSA's CIO and deputy CIO during the Obama administration.
Radar Transmitter Market Is Set for a Rapid Growth and Expected to Reach USD 3.82 Billion by 2024 | Top Companies: VEGA Grieshaber KG, Lockheed M
BAE Systems acts as industry lead for Lightning Team UK. BAE Systems announced on 14 January that it will act as on-site industry lead on a support operations contract between the F-35 Joint Program Office (JPO) and Lockheed Martin in the UK. The two-year contract at RAF Marham is worth about $101 million, with work at RAF Marham including maintenance, mission planning and training services for the RAF and RN Fleet Air Arm F-35B fleet. This extends an existing sustainment service at RAF Marham (home to 21 F-35Bs) and will provide aircraft upgrades, maintenance, synthetic and maintainer training on-base, ‘along with the ability to customise specialist pilot equipment at one of the first Pilot Fit Facilities outside of the United States’, BAE Systems noted.
Three turboshaft engines equip the CH-53K, giving the heavy-lift helicopter the power to carry a 12,000kg external load. GE Aviation is to produce 21 T408-GE-400 turboshaft engines and associated services in support of CH-53K King Stallion Lot Five low rate initial production aircraft, the US DoD announced on 13 January. Work on the $101.47 million contract modification from Naval Sea Systems Command will be completed by December 2024. Three 7,500shp-class T408-GE-400 engines equip the CH-53K, giving the heavy-lift helicopter the power to carry a 12,000kg external load over a mission radius of 200km in hot weather conditions. This is nearly triple the external load-carrying capacity of current aircraft.