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January 12, 2017

Deals this week: AAI, VSE Corporation, GKN Aerospace

AAI Corporation has won a $475m-worth contract to provide intelligence, surveillance and reconnaissance (ISR) services for mid-endurance unmanned aircraft systems.

AAI Corporation has won a $475m-worth contract to provide intelligence, surveillance and reconnaissance (ISR) services for mid-endurance unmanned aircraft systems.

Awarded by the US Special Operations Command, the contract is expected to be completed in July 2022.

VSE Corporation has been selected by the US Air Force to support the Contract Field Teams (CFT) Program under an indefinite delivery / indefinite quantity contract.

"Valued at $11.4bn, the contract has a base period of three years and two option periods."

Valued at $11.4bn, the contract has a base period of three years and two option periods.

The CFT Program supports maintenance, repair and refurbishment of vehicles, aircraft and weapons for military readiness needs of the US Armed Forces and other federal agencies.

The Swedish Defense Materiel Administration has awarded a $175m-worth contract extension to GKN Aerospace in support of Gripen RM12 engines installed on JAS 39 Gripen.

The three-year extension covers maintenance, technical support and engine parts.

Airbus Defence and Space has won a contract worth $502.93m to provide in-service support, repair, maintenance and upgrades for the Royal Air Force’s Atlas A400M turboprop military transport aircraft.

The contract has been awarded by the UK Ministry of Defence.

Saab has secured a $236m-worth contract from an undisclosed customer for the supply of airborne early warning and control (AEW&C) systems.

The deliveries of the AEW&C systems will begin in 2019 and conclude in 2021.

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