May 20, 2019 Update


Aeromax Industries, Inc. Acquires K&S Enterprises
Adelanto, Calif.-based K&S Enterprises is a manufacturer of elastomer products for helicopters, whose product line includes custom seals, sleeves, ducts, and gaskets.

Amplitech Group, Inc. to Acquire Specialty Microwave Corp. (SMW)
Ronkonkoma, N.Y.-based Specialty Microwave Corp. (SMW) manufactures microwave components, subsystems and specialized electronics, and services for space, defense, and military markets. The company was founded in 1979. Prior to the date of the Agreement, Amplitech had engaged SMW as service provider for housing and engineering support. Amplitech first started working with SMW in 2018.

Acorn Growth Companies Acquires DIMO Corp.
New Castle, Delaware-based DIMO Corp. is a value-added distributor of operationally critical parts and higher-level assemblies for power, electromechanical, life support and mission-specific aircraft systems. The company was founded in 1994.

Oakley Capital Limited Acquires KVH Industries, Inc. Subsidiary Videotel Marine International Limited
London, UK-based Videotel Marine is a producer of training films and e-Learning services for the commercial maritime industry. Servicing over 11,000 vessels, Videotel provides maritime training services, offering video, animation, e-Learning computer-based training (CBT), and interactive distance learning courses.

BlackBern Partners, LLC Acquires Zentech Manufacturing, Inc.
Baltimore, Md.-based Zentech Manufacturing is an engineering-driven electronics contract manufacturer specializing in the design and manufacture of highly complex electronic and RF circuit cards and assemblies. The company’s core capabilities include design, build, and testing solutions. Zentech’s primary markets are Defense and Aerospace (55%), Medical (25%), Communications (10%), and Industrial Controls (10%).

Meritor, Inc to Acquire Carlyle Group Portfolio Company AxleTech
Troy, Mich.-based AxleTech is a technology company that engineers, designs, manufactures, sells and services powertrain solutions for on- and off-highway heavy-duty vehicles. The company supports OEMs and the aftermarket for commercial and defense customers around the world. In addition to advanced powertrain systems, the company also manufacturers axles, brakes, components and aftermarket parts.

CLM Equity Partners, LLC Acquires Zircon Precision Products, Inc.
Tempe, Ariz.-based Zircon Precision Products is a precision aerospace machining business supporting both commercial and military applications. Through its CNC machining and other specialized capabilities, Zircon produces precision aerospace machined parts and has built a strong reputation for quality throughout the aerospace industry.

Envistacom, LLC Acquires Fast Fit Technologies, LLC
Jefferson, Md.-based Fast Fit Technologies®, LLC is a pioneer of open-source communication waveform and data analytics virtualization using the OpenCL framework for heterogenous computing and targeting COTS High-Performance Computing (HPC) servers equipped with FPGA-based hardware acceleration.

Macquarie Capital Makes Major Capital Investment in Dovel Technologies, Inc.
Dovel Technologies, Inc. is a provider of complex systems integration and information management solutions in data-driven environments for federal agencies requiring health IT, life sciences, and grants management services.


Boeing Statement on 737 MAX Certification and Return to Service
Boeing has completed development of the updated software for the 737 MAX, along with associated simulator testing and the company’s engineering test flight. To date, Boeing has flown the 737 MAX with updated MCAS software for more than 360 hours on 207 flights.
Boeing is now providing additional information to address Federal Aviation Administration (FAA) requests that include detail on how pilots interact with the airplane controls and displays in different flight scenarios. Once the requests are addressed, Boeing will work with the FAA to schedule its certification test flight and submit final certification documentation.
“With safety as our clear priority, we have completed all of the engineering test flights for the software update and are preparing for the final certification flight,” said Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg. “We’re committed to providing the FAA and global regulators all the information they need, and to getting it right. We’re making clear and steady progress and are confident that the 737 MAX with updated MCAS software will be one of the safest airplanes ever to fly. The accidents have only intensified our commitment to our values, including safety, quality and integrity, because we know lives depend on what we do.”

Aeromax Industries, Inc. Relocating Headquarters From California to Texas
Aeromax supports various manufacturing and spares programs for international governments, overhaul facilities, licensees, and trading companies worldwide. Areas of expertise include out-of-production aircraft like Lockheed Martin’s F-16, Northrop’s F-5 and T-38, Bell’s Sikorsky UH-60 and GE’s J-85 jet engine. Aeromax is relocating its headquarters from Canoga Park, Calif. to the Fort Worth area.

Lockheed Martin Breaks Ground On New Production Facility
U.S. Air Force and local Alabama officials joined Lockheed Martin (NYSE: LMT) executives today to break ground on the company’s new strike systems production facility in Troy.
The planned 225,000-square-foot facility, combined with the current cruise missile production factory, will provide the necessary space to meet the U.S. Air Force’s objectives.

Tom Arseneault Appointed President & COO for BAE Systems, Inc.
BAE Systems, Inc. today announced that Tom Arseneault has been named president and chief operating officer of BAE Systems, Inc. and appointed to the BAE Systems, Inc. Board of Directors. Jerry DeMuro will continue to serve as CEO for the U.S.-headquartered organization.

Mitsubishi Aircraft Corporation Announces Opening of New U.S. Headquarters
Mitsubishi Aircraft Corporation announced today the opening of a new U.S. headquarters in Renton, Washington. The office employs members of a global team, primarily focused on finalizing the development of the company’s regional jet program, including engineering, sales, marketing and customer support. It will also play a key role in future product development.

Bombardier and JETEX Sign Agreement for Establishment of New Line Maintenance Station in Dubai
Bombardier is pleased to announce that it has signed an agreement with JETEX for the establishment of a new Line Maintenance Station in Dubai, further complementing the tip-to-tail maintenance services provided by Bombardier’s Service and Support Network in the Middle East and around the globe.

KULR Technology Partners With Lockheed Martin to Provide Thermal Management Solutions
KULR Technology Group, Inc. (OTCQB: KUTG), (the “Company” or “KULR”), today announced it will provide its space-developed thermal technology for a purpose-built phase change (PCM) heat sink to leading aerospace and defense company Lockheed Martin (NYSE: LMT).

Noble Aerospace Taking Off as New Parent Company to Embee and All Metals Processing
Noble Aerospace has been established as the parent company of both Embee Processing and All Metals Processing of Orange County, CA. The move positions Noble Aerospace as a leader in the aerospace industry with a wealth of products and services to offer a growing list of global clientèle.
With over 70 years of experience, Embee Processing and All Metals Processing have solidified their reputations as premier entities in the aerospace metal finishing industry. Noble Aerospace will leverage the exemplary staff, innovative processes and vast experience of both companies, and look towards additional acquisition opportunities in the future.

Parsons Corporation Announces Pricing of Initial Public Offering
Parsons Corporation (“Parsons”), a provider of technology-driven solutions in the defense, intelligence and critical infrastructure markets, today announced the pricing of its initial public offering of 18,518,500 shares of its common stock at a price to the public of $27.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 2,777,775 shares of common stock. The shares are expected to begin trading on the New York Stock Exchange on May 8, 2019, under the ticker symbol “PSN.” The closing of the offering is expected to occur on May 10, 2019.


NIWC/SSC Pacific Awards Nine Contracts for Cyberspace Science, Research, Engineering, and Technology Integration
The U.S. Naval Information Warfare Center Pacific (NIWC Pacific) (San Diego, CA) awarded nine, seven-year, multiple award, task order, cost plus fixed fee, ID/IQ contracts, with a cumulative value of $6,164.3 million, to provide professional technical and management support services to establish and maintain cyberspace operations and enable product lines, programs and projects to include interoperability of systems, services and capabilities at the tactical, operational and strategic levels

DHS CBP Awards 45 Contracts for Tactical Communications Equipment and Services II (TacCom II)
The U.S. Department of Homeland Security (DHS), Customs and Border Protection (CBP), Procurement Directorate (Washington, DC) awarded 45, nine-year, multiple award, task order, ID/IQ contracts, with a value of $3,000.0 million, to provide commodity products and services for a wide variety of applications supporting legacy systems, updated technology and interoperable solutions for tactical communications.

Army ACC-RSA Contracts With DynAviation for Aviation Field Maintenance (AFM II East)
On behalf of the U.S. Army Aviation and Missile Life Cycle Management Command (AMCOM) (Redstone Arsenal, AL), the U.S. Army Contracting Command – Redstone (ACC-RSA) (Redstone Arsenal, AL) awarded DynAviation (Fort Worth, TX) a $4.47 billion firm-fixed-price, time and materials, cost-plus-fixed-fee, level of effort, cost-no-fee contract for aviation field maintenance (AFM II East) services in support of the Aviation Field Maintenance Directorate (AFMD).

Army ACC-RSA Awards Three Contracts for Logistics Support Facility Management Activity (LFSMA)
On behalf of the Program Executive Office (PEO) Aviation, Army Materiel Command (AMC)/Aviation and Missile Command (AMCOM) (Huntsville, AL), the U.S. Army Contracting Command, ACC-RSA, Redstone Arsenal (Redstone Arsenal, AL) awarded three, seven-year, multiple award, task order, ID/IQ contracts with a value of $2,440.0 contracts, to provide modifications to aviation systems owned by AMC/AMCOM.

NAVAIR HQ Mods Contract With Sikorsky for Lot II/III Low-Rate Initial Production (LRIP) CH-53K Aircraft
The U.S. Naval Air Systems Command, Headquarters (NAVAIR HQ) (Patuxent River, MD) awarded Sikorsky, a Lockheed Martin Company (Stratford, CT) a $1.12 billion fixed-price-incentive-firm, cost-plus-fixed-fee modification (P00026) under a previously awarded advance acquisition contract (N00019-16-C-0048) for the procurement of Lot II and Lot III low-rate initial production (LRIP) CH-53K aircraft.

TSA Contracts With L3 for Medium Speed Explosive Systems (MSEDS)
The U.S. Transportation Security Administration (TSA) (Arlington, VA) awarded L3 Technologies – Security & Detection Systems, Inc. (Tewksbury, MA) a $500.0 million firm-fixed-price contract (70T040-19-D-9CAP1049) for purchase and installation of Medium Speed Explosive Systems (MSEDS) in furtherance of the Electronic Baggage Screening program mission requirements.

Army ACC_RSA Contracts With Raytheon for Patriot New Production Hardware, Upgrade Kits and Spares for FMS to Romania
On behalf of the U.S. Army PEO Missiles & Space (PEO MS) (Huntsville, AL), the U.S. Army Contracting Command – Redstone (ACC-RSA) (Redstone Arsenal, AL) awarded Raytheon IDS – Integrated Air & Missile Defense (Andover, MA) a $384.0 million fixed-price-incentive-firm modification (P00026) under a previously awarded contract (W31P4Q-15-C-0022) for Phased Array Tracking Intercept of Target (Patriot) new production hardware, upgrade kits and spares for the government of Romania under the Foreign Military Sales (FMS) program.

NAVSEA Contracts With Raytheon for Cooperative Engagement Capability (CEC) Design Agent and Engineering Services (DA/ES)
The U.S. Naval Sea Systems Command (NAVSEA) (Washington, DC) awarded Raytheon Network Centric Systems, St. Petersburg (Largo, FL) a $279.3 million cost-plus-incentive-fee, firm-fixed-price, cost-plus-fixed-fee, and cost-only contract (N00024-19-C-5200) for Cooperative Engagement Capability (CEC) design agent and engineering services (DA/ES) in support of the U.S. Navy PEO Integrated Warfare Systems (PEO IWS), Command and Control Program Office (IWS 6.0).

USSOCOM SOF AT&L Contracts With Actionable Solutions Group for Joint Special Operations Task Force (JSOTF) Intelligence Support Services – Joint II (ISS-J II)
The U.S. SOCOM Special Operations Forces Acquisition, Technology and Logistics (USSOCOM SOF AT&L) (Tampa, FL) awarded Actionable Solutions Group, LLC (Alexandria, VA) a maximum $240.7 million firm-fixed-price contract (H92402-19-C-0006) for Intelligence Support Services – Joint II (ISS-J II) for the Joint Special Operations Task Force (JSOTF).

DLA Energy Contracts With Shore Terminals LLC for Jet Fuel Logistics Services
DLA Energy (Fort Belvoir, VA) awarded Shore Terminals LLC (San Antonio, TX) a $227.7 million firm-fixed-price contract (SPE603-19-C-5006) for jet fuel logistics services.

DLA Troop Support C&T Contracts With LiteFighter System for Commercial-off-the-Shelf (COTS) Shelters and Tents
DLA Troop Support – Clothing & Textiles (Philadelphia, PA) awarded Litefighter Systems, LLC (Canton, GA) a maximum $200.0 million firm-fixed-priced, ID/IQ contract (SPE1C1-19-D-1130) for commercial-off-the-shelf (COTS) shelters and tents.

Army ACC-RSA Contracts With Northrop Grumman for RQ-5 Hunter Unmanned Aircraft System (UAS) Fleet Support
On behalf of the U.S. Army Program Executive Office Aviation (PEO AVN) (Huntsville, AL), the U.S. Army Contracting Command – Redstone (ACC-RSA) (Redstone Arsenal, AL) awarded Northrop Grumman Technology Services – Global Logistics and Modernization Division (GLM) (Sierra Vista, AZ) a $163.6 million cost-plus-fixed-fee contract (W58RGZ-19-C-0033) for RQ-5 Hunter Unmanned Aircraft System (UAS) fleet support in support of the PEO AVN Unmanned Aircraft Systems Project Office.

DIA VACA Contracts With Engility for National Media Exploitation Center (NMEC) Exploitation Management Solutions II (EMS II)
The Defense Intelligence Agency, Virginia Contracting Activity (VACA) (Washington, DC) awarded TASC, Inc., An Engility Company (Chantilly, VA) a maximum $106.0 million cost-plus fixed-fee, ID/IQ contract (HHM402-19-D-0003) for exploitation management solutions II (EMS II) in support of DIA’s Science and Technology (S&T) Directorate, National Media Exploitation Center (NMEC).

Army ACC-RSA Mods Contract With Raytheon for Tactically-Launched Optically-Tracked Wireless (TOW) guided missiles
On behalf of the U.S. Army PEO Missiles & Space (PEO MS) (Huntsville, AL), the U.S. Army Contracting Command – Redstone (ACC-RSA) (Redstone Arsenal, AL) awarded Raytheon RMS – Land Warfare Systems (LWS) (Tucson, AZ) a $101.3 million fixed-price-incentive-firm modification (P00014) under a previously awarded contract (W31P4Q-17-C-0194) for Tactically-Launched Optically-Tracked Wireless (TOW) guided missiles.

NAVAIR HQ Mods Contract With Pratt & Whitney for F135 Propulsion Systems Long-Lead Materials, Parts, and Components
The U.S. Naval Air Systems Command, Headquarters (NAVAIR HQ) (Patuxent River, MD) awarded Pratt & Whitney Military Engines (East Hartford, CT) a $55.7 million fixed-price-incentive-firm modification (P00005) under a previously awarded acquisition contract (N00019-18-C-1021) for long-lead items to support the production delivery schedule, exercises an option for additional initial spare parts, and provides program administrative labor for the global spares pool for F135 Propulsion systems for the F-35 Lightning II Joint Strike Fighter aircraft in support of the Air Force, Marine Corps, Navy, non-U.S. Department of Defense (non-U.S. DoD) participants; and Foreign Military Sales (FMS) customers.