Contracts Blog

The U.S. Department of Transportation (DOT) has launched an ambitious project in an effort to “repair the societal rifts created by past infrastructural decisions.” Known as the Reconnecting Communities Institute (RCI), this initiative is spearheaded by Cadmus Group and backed with a $27 million cash injection.

Saudi Aramco, officially known as the Saudi Arabian Oil Company, is a state-owned oil company of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise. It recently announced a series of engineering, procurement,  and construction (EPC) contracts worth $7.7 billion to various companies, including Samsung Engineering.

BAE Systems, a British multinational aerospace, defense, and information security company, recently announced that it secured a $79 million contract with the U.S. Marine Corps. Based in London, England, BAE Systems has been the largest British arms manufacturer since 2017. This news is only the latest in a series of big contracts undertaken by the company in recent years.

As revealed by the company on Wednesday, BlackSky has recently secured a lucrative contract worth $24 million from the Air Force Research Laboratory (AFRL) to spearhead the development of cutting-edge moving target engagement services. Notably, BlackSky has been granted an initial award of $3.5 million to kickstart the project.

Magellan Aerospace, a renowned name in the aerospace sector, recently clinched a multi-year contract with Airbus to supply major structural wing components for its single-aisle aircraft. This agreement reflects Magellan's commitment to excellence and innovation in aerospace manufacturing and will further solidify its position as a key player in the industry.

Airship AI Holdings, Inc. has been awarded multiple firm fixed price contracts worth $10.9 million by an agency within the Department of Homeland Security (DHS). These contracts will provide advanced integrated solutions for real-time intelligence collection operations along the United States’ borders.

GE Vernova's Grid Solutions business and MYTILINEOS Energy & Metals have been awarded a £1 billion contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks (SPEN). The contract is for the United Kingdom's first high-capacity east coast subsea link.

Forsee Power, an expert in intelligent battery systems for sustainable electromobility, has drawn a tranche of 10 million euros from the European Investment Bank (EIB) under the credit agreement for a maximum principal amount of €50 million signed in December 2020.

Agile Defense, a provider of digital transformation solutions to the Department of Defense (DoD) and other national security customers, has been awarded a single-award, indefinite delivery indefinite quantity (IDIQ) contract with a $1.01 billion ceiling from the Defense Information Systems Agency (DISA).

Empower AI, a leading provider of IT solutions and professional services to U.S. government agencies, has been awarded a contract to support the U.S. Army Information Systems Engineering Command’s Fort Huachuca Engineering Directorate.