Deals this week: Boeing, Tronair, Raytheon

15 September 2016 (Last Updated September 15th, 2016 18:30)

The US Air Force Life Cycle Management Center has awarded a $700m-worth contract to The Boeing Company for the production of Small Diameter Bomb Increment 1 (SDB 1) systems.

The US Air Force Life Cycle Management Center has awarded a $700m-worth contract to The Boeing Company for the production of Small Diameter Bomb Increment 1 (SDB 1) systems.

The contractual work includes production of Lot 12-14 SDB 1 weapons and carriage systems through December 2021.

Levine Leichtman Capital Partners has sold Tronair, Inc. to Golden Gate Capital, a private equity firm based in the US.

Headquartered in Ohio, US, Tronair is engaged in providing ground support equipment for military and commercial aircraft.

Raytheon Company has secured a two-year production contract from the US Air Force Life Cycle Management Center for the SDB Increment II (SDB II) systems.

The Lot 2 SDB II weapons and containers will be produced in Tucson, Arizona, under the contract valued at $49.21m.

Elbit Systems, a developer of defence electronics and electro-optic systems based in Israel, has secured a $90m-worth contract from an undisclosed Asia-Pacific country for the supply of imaging systems.

"The Lot 2 SDB II weapons and containers will be produced in Tucson, Arizona, under the contract valued at $49.21m."

Elbit’s SPECTRO XR electro-optic systems will be used by the undisclosed customer to collect ISTAR data under difficult weather conditions.

The US Air Force Life Cycle Management Center has awarded a contract modification to L-3 Communications Vertex Aerospace for the T-1A Jayhawk jet trainer.

The $49.17m-worth modification will see L-3 Communications provide logistics support functions for the T-1A aircraft for a period of one year.


Image: The SPECTRO XR electro-optic system. Photo: courtesy of Elbit Systems Ltd.