March 25, 2019 Update

M&A

Cielo Global Holdings Acquires Alytica, LLC
Alytica, LLC is an aerospace and defense consulting firm specializing in emerging global business opportunities, specializing in the the markets of the Kingdom of Saudi Arabia and Gulf Cooperation Council (GCC).

AMMO, Inc. Acquires Jagemann Stamping Co.’s Wisconsin Casing Division
The Casings Division has become one of the largest brass manufacturers in the country, with the capacity to produce more than 300 million pieces of brass each year. The business has complete control over the manufacturing process, resulting in a number of advantages when it comes to the brass and magazines that leave its state-of-the-art facility.

Curtiss-Wright Corp. Acquires Tactical Communications Group, LLC (TCG)
Tactical Communications Group, LLC (TCG) is a designer and manufacturer of tactical data link (TDL) software solutions for critical military communications systems. Their products help to secure and exchange wireless communications, including voice, imagery, text, and command and control messages, between various platforms such as ships, aircraft, weapons, and ground vehicles, and by dismounted soldiers.

Gryphon Technologies, Inc. Acquires Schafer from Belcan, LLC
Arlington, Va.-based Schafer [website] is a provider of scientific, advanced engineering, and technical advisory services specializing in protecting against national security threats. Both Gryphon and Belcan are portfolio companies of AE Industrial Partners, a private equity investor in aerospace and defense, power generation, and specialty industrial companies.

Novume Solutions, Inc. Completes Acquisition of OpenALPR Technology, Inc.
Boston, Mass.-based OpenALPR Technology, Inc. is a provider of automated license plate reader (LPR) technology used by both law enforcement and commercial clients. The company’s software enables automatic license plate and vehicle recognition through virtually any IP camera.

News

AEVEX Aerospace Names Jamon Osborne as Vice President of Business Development and Strategy
With 24 years of enlisted and commissioned military service, Jamon will leverage his unique combination of strategic vision, influential leadership, operational expertise, and business acumen to execute the company’s business development efforts across its three separate business units.

United Launch Alliance Successfully Launches WGS-10 Mission
A United Launch Alliance (ULA) Delta IV rocket carrying the tenth Wideband Global SATCOM (WGS) satellite for the U.S. Air Force lifted off from Space Launch Complex-37 on March 15 at 8:26 p.m. EDT. ULA has been the exclusive launch provider for all ten WGS satellites.

Sid Fuchs Named Chief Operating Officer of Alion Science and Technology
Alion Science and Technology (Alion), headquartered in McLean, VA, announced today that Sid Fuchs has been named Chief Operating Officer (COO) of the company, reporting to Alion Chairman and CEO, Steve Schorer. In this role, he will be responsible for leading all lines of business and program operations.

Lockheed Martin’s First Smart Satellites
Lockheed Martin (NYSE: LMT) announced a new generation of space technology launching this year that will allow satellites to change their missions in orbit. Satellites that launched one, ten or even fifteen years ago largely have the same capability they had when they lifted off. That’s changing with new architecture that will let users add capability and assign new missions with a software push, just like adding an app on a smartphone. This new tech, called SmartSat, is a software-defined satellite architecture that will boost capability for payloads on several pioneering nanosats ready for launch this year.

John Cuomo Appointed CEO and President of VSE Corporation
VSE Corporation (Nasdaq: VSEC) announced today Chief Executive Officer (CEO), President and member of the Board of Directors, Maurice ‘Mo’ Gauthier, will step down next month as a company officer and director after 11 years of dedicated service. The Board has elected John Cuomo to the position of CEO and President and to the Board of Directors effective April 15, 2019.

First Pan-Arab Space Agency Founded in Abu Dhabi
Eleven states on Tuesday signed a charter to establish the Arab Group for Space Collaboration. The group’s first project will be a satellite, named 813, that will monitor environmental and climate changes.

Embraer Announces CEO Succession
Embraer, following shareholder approval of the transaction with Boeing, announces that the current President and CEO of the company, Paulo Cesar de Souza e Silva, concludes a successful professional cycle with the company on April 22, 2019 which is the end of his current two year elected term.

Comtech Telecommunications Corp. Introduces New Micro Deployable X/Y Antennas to the LEO/MEO and HAPS Markets
Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its Command & Control Technologies group’s, Space & Component Technology division, which is part of Comtech’s Government Solutions segment, introduced an exciting line of transportable, full motion antennas for tracking Low Earth Orbit (‘LEO’) and Medium Earth Orbit (‘MEO’) satellites and High Altitude Pseudo-Satellites (‘HAPS’).

All Nippon Airways Takes Delivery of Its First A380
Japan’s All Nippon Airways (ANA) has taken delivery of its first A380 at a special ceremony in Toulouse, becoming the 15th operator of the world’s largest passenger aircraft. The delivery ceremony was attended by ANA HOLDINGS President and CEO Shinya Katanozaka and hosted by Airbus CEO Tom Enders.

Contracts

MDA Definitizes Contract Modification With Boeing for the Ground-based Midcourse Defense (GMD) Development and Sustainment Contract (DSC)
The U.S. Missile Defense Agency (MDA) (Huntsville, AL) awarded Boeing Missile and Weapons Division (Huntsville, AL) a $4.14 billion cost-plus-incentive-fee contract (HQ0147-19-C-0004) to partially definitize the $6.56 billion undefinitized contract action (UCA) issued Jan. 31, 2018, on contract HQ0147-12-C-0004 (modification P00438) for the Ground-based Midcourse Defense (GMD) Development and Sustainment Contract (DSC). – CUSTOMERS – U.S. Missile Defense Agency, Redstone Arsenal (MDA) (Huntsville, AL)

NAVAIR HQ Mods Contract With Boeing for 78 F/A-18E/F Full Rate Production (FRP) Aircraft
The U.S. Naval Air Systems Command, Headquarters (NAVAIR HQ) (Patuxent River, MD) awarded Boeing Strike, Surveillance and Mobility (St. Louis, MO) a $4.04 billion fixed-price-incentive-firm-target modification under a previously advance acquisition contract (N00019-18-C-1046) for F/A-18E/F full rate production (FRP) aircraft in support of the F/A-18 & EA-18G Program Management Activity (PMA 265).

NAVSEA Mods Contract With Electric Boat for Additional Fiscal 2019 – Fiscal 2023 Virginia Class Submarines Material
The U.S. Naval Sea Systems Command (NAVSEA) (Washington, DC) awarded Electric Boat Corp. (Groton, CT) a $2.03 billion cost-plus-fixed-fee modification under a previously awarded contract (N00024-17-C-2100) for additional material (to include long lead time material and economic ordering quantity) associated with the Fiscal 2019 – Fiscal 2023 Virginia class Block V submarines (SSNs 802 – 811).

Australia’s MoD Announces Contract With USA DoD for Peregrine Electronic Warfare Aircraft for the RAAF
On behalf of the Royal Australian Air Force (RAAF) (Canberra, Australia) the Australian Department of Defence (Canberra, Australia), Capability Acquisition and Sustainment Group (CASG) (Canberra, Australia), awarded Gulfstream Aerospace Corp. (Savannah, GA), via a Foreign Military Sale (FMS) through the U.S. Defense Security Cooperation Agency (DSCA) (Washington, DC), an AUD $2.46 billion (USD$1.8 billion) contract for the acquisition of four (4) modified Gulfstream G550 aircraft – to be designated the MC-55A Peregrine”.

Army PEO STRI Contracts With Pinnacle Solutions for TRADOC Aviation Center of Excellence (USAACE) Unmanned Aircraft Systems (UAS) Instruction and Mission Support (IMS)
The U.S. Army Program Executive Office of Simulation, Training & Instrumentation (PEO STRI) (Orlando, FL) awarded Pinnacle Solutions, Inc. (PSI) (Huntsville, AL) a $553.2 million cost-plus-fixed-fee, ID/IQ contract (W900KK-19-D-0006) for Unmanned Aircraft Systems (UAS) Instruction and Mission Support (IMS) in support of the U.S. Army Training and Doctrine Command (TRADOC), Aviation Center of Excellence (USAACE).

NAVSEA Contracts With General Dynamics NASSCO for CVN 68/CVN 78 Class Aircraft Carriers Private Sector Maintenance (PSM)
The U.S. Naval Sea Systems Command (NAVSEA) (Washington, DC) awarded General Dynamics NASSCO-Norfolk (Bremerton, WA) a maximum $465.2 million cost-cost-plus-incentive-fee, cost-plus-fixed-fee, ID/IQ contract (N00024-19-D-4310) for CVN 68 Class and CVN 78 Class Aircraft Carriers Private Sector Maintenance (PSM).

Army ACC-APG Awards RS3 Task Order to Engineering Solutions & Products for Distributed Common Ground System-Army (DCGS-A) Field Office Fort Hood (FOFH) Training and Fielding Support
The U.S. Army Contracting Command – Aberdeen Proving Ground (ACC-APG), Edgewood (Aberdeen Proving Ground, MD) awarded Engineering Solutions & Products, Inc. (ESP) (Chantilly, VA) a $175.0 million task order under the company’s Responsive Strategic Sourcing for Services (RS3) contract (W15P7T-17-D-0147) for Distributed Common Ground System-Army (DCGS-A) Field Office Fort Hood (FOFH) training and fielding support for the U.S. Army PEO for Intelligence, Electronic Warfare & Sensors (PEO IEW&S) Project Manager, DCGS-A (PM DCGS-A).

AFLCMC Hill Contracts with L3 for the Cockpit-Selectable Height-Of-Burst Sensor (C-HOBS)
On behalf of the U.S. Air Force PEO for Weapons (Eglin AFB, FL), the Air Force Life Cycle Management Center (AFLCMC), Ogden Air Logistics Complex (OO-ALC) (Hill AFB, UT) awarded L3 Fuzing & Ordnance Systems, Inc. (L3 FOS) (Cincinnati, OH) a $131.8 million cost-plus-fixed-fee, ID/IQ contract (FA8213-19-D-0006) for the Cockpit-Selectable Height-Of-Burst Sensor (C-HOBS).

AFLCMC Wright-Patterson Mods Contract With General Atomics for MQ-9 Block 5 UAS Production for FMS to the Netherlands
On behalf of the the U.S. Air Force PEO Intelligence Surveillance and Reconnaissance & Special Operations Forces (PEO ISR & SOF) (Wright-Patterson AFB, OH), the U.S. Air Force Life Cycle Management Center (AFLCMC) (Wright-Patterson AFB, OH) awarded General Atomics Aeronautical Systems, Inc. (GA-ASI) – Aircraft Systems (Poway, CA) a $123.3 million undefinitized contract action (FA8620-19-F-2310) under a previously issued basic ordering agreement (FA8620-15-G-4040) for MQ-9 Reaper Block 5 Unmanned Aerial System (UAS) production.