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Airbus, Raytheon Protest SDA Satellite Contract Awards

Airbus, Raytheon Protest SDA Satellite Contract Awards

WASHINGTON — Airbus and Raytheon have filed protests with the Government Accountability Office challenging Space Development Agency contracts awarded to L3Harris and SpaceX last month for eight missile-tracking satellites, putting the projects on hold until the dispute is resolved.

The Space De…

French Defense Minister Takes Official Delivery of Suffren SSN

French Defense Minister Takes Official Delivery of Suffren SSN

PARIS — On November 6, 2020, the Minister of the Armed Forces Florence Parly traveled to Toulon to take delivery of the attack nuclear submarine ‘Suffren.’

The General Directorate of Armaments (DGA) has received in Toulon the Suffren, first in series of the six nuclear attack submarines (SNA) o…

Lockheed Wins $340M for US Army Mid-Range Missile Program

Lockheed Wins $340M for US Army Mid-Range Missile Program

Lockheed Martin Corp., Baltimore, Maryland, was awarded an Other Transaction Authority agreement with a ceiling of $339,318,582 for the Mid-Range Capability.

Work will be performed in Baltimore, Maryland; Akron, Ohio; Clearwater, Florida; Moorestown, New Jersey; Owego, New York; Syracuse, New Yo…

General Dynamics Wins C$182M to Support Canadian Frigates

General Dynamics Wins C$182M to Support Canadian Frigates

GATINEAU, Quebec — Following an open and competitive process, Anita Anand, Minister of Public Services and Procurement, and the Harjit S. Sajjan, Minister of National Defence, announced that the Government of Canada has awarded a contract to General Dynamics Mission Systems–Canada, from Ottawa, On…
Fitch Downgrades Airbus to BBB+ with Outlook Negative

Fitch Downgrades Airbus to BBB+ with Outlook Negative

WARSAW – — Fitch Ratings has downgraded Airbus SE’s Long-Term Issuer Default Rating (IDR) to ‘BBB+’ from ‘A-‘/ The Outlook is Negative. Fitch has also downgraded Airbus’s and Airbus Group Finance BV’s senior unsecured debt to ‘BBB+’ from ‘A-‘. Airbus’s Short-Term IDR has been affirmed at ‘F1’.

T…


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