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EXEC H TLINE
Raytheon Secures $79M USAF
Contract
Raytheon Technologies’ missiles and defense business has received a two-year, $79.4 mil- lion contract to provide Small Diameter Bomb Increment 2 testing platforms to the U.S Air Force’s joint acquisition program with the U.S. Navy.
The sole-source cost-plus-fixed-fee contract will also include tasks to assemble, test and integrate all-up round test vehicles, the De- partment of Defense said.
DOD added that the company will facilitate preparations for the deployment of engineer- ing changes related to the GPS military code and the National Security Agency cryptographic modernization program.
Initial contract funds amounting to $35.4 million will come from USAF, Navy and special defense acquisition budgets.
Work will take place in Tucson, Arizona, through April 1, 2023.
Turner Innovations Wins Con-
tract in Utah
Turner Innovations, won a $50,000 Small Business Technology Transfer (STTR) Phase I contract from the U.S. Air Force.
Turner Innovations, based in Orem, Utah, will use the non-equity position funds to develop a compact, highly portable, battery- powered full-body fluoroscopic x-ray.
The Utah Industry and Innovation Center as- sisted Turner Innovations with their winning proposal. Winning a Phase I STTR contract qualifies Turner Innovations to compete for an additional $750,000 Phase II contract upon successful completion of the Phase I project.
CaptiveAire Systems to Open an
Office in Utah
The Utah Governor’s Office of Economic De- velopment announced that CaptiveAire Systems, Inc. will open an office in Utah, adding up to 50 new high-paying jobs in the state in the next seven years.
CaptiveAire is a leading manufacturer of commercial kitchen ventilation equipment and a quickly growing commercial and industrial HVAC equipment manufacturer. CaptiveAire’s
ventilation product offering includes dedicated outdoor air systems (DOAS), listed ductwork, exhaust hoods, exhaust fans, electrical con- trols, industrial heaters, fire suppression systems, and many more.
“We’re thrilled to open a large office and research lab in St. George, Utah,” said Bob Luddy, president and founder of CaptiveAire.
Skyworks to Buy Silicon Labs
Unit For $2.75B
Skyworks Solutions Inc. an Irvine-based maker of analog semiconductors, said it will acquire the Infrastructure and Automotive business of Silicon Laboratories Inc. for $2.75 billion.
The all-cash asset transaction will ac- celerate Skyworks’ expansion into the indus- try’s most important growth segments, includ- ing electric and hybrid vehicles, industrial and motor control, power supply, 5G wireless infrastructure and smart homes, among other areas. Skyworks said it will be “uniquely po- sitioned” for a market opportunity approaching $20 billion.
SpaceX Wins $2.9 Billion NASA
Contract
The next astronauts to land on the moon will likely do so in a spacecraft designed by Space Exploration Technologies Corp., NASA announced April 16.
The Hawthorne, CA.-based company beat out teams led by Blue Origin and Dynetics Inc. in a bid to develop a lunar lander for the space agency’s Artemis program. Under the $2.89 billion contract awarded by NASA, SpaceX will carry out the program’s first demonstration mission, returning humans to the moon for the first time since the Apollo program.
SpaceX is also partnering with NASA on the agency’s Commercial Crew program, un- der which SpaceX’s Falcon 9 rockets and Crew Dragon shuttles have been licensed for use in transporting astronauts to and from the International Space Station.
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