Contracts Blog

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.

ECS, a leader in advanced technology, science, and engineering solutions and an ASGN brand, has been awarded a five-year, $1.25 billion contract to provide technical, analytical, and program support services to the Defense Advanced Research Projects Agency (DARPA).

Jacobs (NYSE:J) was recently awarded a two-year contract with EDF Nuclear Operations, licensee of eight nuclear power stations in the U.K. The contract, valued at more than $53 million, will start on Jan. 1, 2024 and will focus on maximizing generation from the power stations to support energy security and net-zero ambitions.