Latest news with #EWAAC
Yahoo
7 days ago
- Business
- Yahoo
Vigilant Aerospace Selected for US Air Force EWAAC Contract as Preferred Vendor for Uncrewed Airspace Management
Multi-Sensor Traffic Management Solution FlightHorizon Provides New Capabilities for Next Generation of Warfighters OKLAHOMA CITY, June 3, 2025 /PRNewswire/ -- Vigilant Aerospace Systems, Inc., provider of multi-sensor detect-and-avoid and airspace management software FlightHorizon, has been selected by the U.S. Air Force as a new vendor on the $46 billion Enterprise-Wide Agile Acquisition Contract, or EWAAC IDIQ. The contract, designed to accelerate the development and delivery of innovative weapons systems, runs through 2031. The U.S. Air Force awarded 122 companies positions on the $46 billion EWAAC as part of the fourth selection round to the procurement contract meant to support the rapid development of novel weapons capabilities. The acquisition vehicle's requirements include research and development, test and evaluation, production and fielding, prototyping, weapon design, system modeling and modernization. The contract is focused on digital acquisition and sustainment practices, including digital engineering, agile processes and open systems architecture. "As the US Air Force embraces autonomous capabilities, we're honored to play a role in helping them achieve this significant step forward," said Zach Peterson, Vigilant Aerospace's Director of Business Development. "FlightHorizon fills an important technical gap for managing large-scale autonomous flight operations across a range of locations and scenarios, making it an ideal platform for the US Air Force's needs." FlightHorizon utilizes NASA-patented technology to provide detect-and-avoid (DAA) alerts for uncrewed aircraft and to provide aircraft tracking. By integrating multiple sensors and utilizing industry technical standards and algorithms, the software delivers real-time situational awareness to track nearby aircraft and avoid potential collisions through visual and auditory alerts. About EWAACThe Enterprise-Wide Agile Acquisition Contract (EWAAC) is a multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract managed by the U.S. Air Force at Eglin Air Force Base. The contract's primary objective is to develop novel weapons technologies across all lifecycle phases. The EWAAC aims to enable the Air Force to quickly acquire innovative solutions that can address emerging national security challenges. About Vigilant Aerospace Systems, Aerospace is the leading developer of multi-sensor detect-and-avoid and airspace management software for uncrewed aircraft systems (UAS or drones). We enable safe and scalable autonomous flight, beyond visual line of sight. Customers include NASA, the FAA, the U.S. Department of Defense and a variety of drone development programs. Media Contacts: Vigilant Aerospace396131@ +1 405.445.7224 x106Follow us on LinkedIn @vigilantaero View original content to download multimedia: SOURCE Vigilant Aerospace
Malaysian Reserve
28-05-2025
- Business
- Malaysian Reserve
HAIGH-FARR JOINS EWAAC, BRINGING ADVANCED ESA TECHNOLOGY TO THE AIR FORCE'S CUTTING-EDGE DEFENSE INITIATIVES
BEDFORD, N.H., May 28, 2025 /PRNewswire/ — Haigh-Farr, a global leader in the design, development, and manufacture of antennas for aerospace applications, has been awarded a position on the $46 billion Enterprise-Wide Agile Acquisition Contract (EWAAC). This contract, awarded by the Air Force Life Cycle Management Center (AFLCMC) Armament Directorate, is a significant milestone for Haigh-Farr, as it allows the Company to support the U.S. Air Force's procurement of innovative technologies that enhance national defense capabilities. The EWAAC is a multiple-award, indefinite delivery/indefinite quantity (IDIQ) contract that spans through 2031, providing a platform for acquiring advanced armament technologies. With a clear focus on expediting the acquisition of next-generation weapons systems, the EWAAC helps the U.S. military stay ahead of emerging threats by ensuring that advanced technologies are delivered quickly and efficiently. For Haigh-Farr, the inclusion on the EWAAC is an opportunity to build on the Company's legacy of innovation in aerospace and defense antenna technologies. Their participation underscores the Company's commitment to providing the Air Force with agile, flexible, and manufacturable armament solutions. By leveraging its expertise, Haigh-Farr is well-positioned to contribute to a range of high-performance solutions, including the Company's Electronically Steerable Array (ESA) antenna technology. David Farr, President of Haigh-Farr, expressed the company's enthusiasm: 'We are proud to be selected for the EWAAC. Haigh-Farr has a proven track record of developing groundbreaking antenna technologies, and we are excited to bring our agile design and manufacturing approach to support the Air Force's future needs. We are particularly thrilled about our ESA antenna, which we believe represents the future of advanced communication and sensing systems.' The ESA antenna technology is an integral part of Haigh-Farr's broader portfolio of passive antennas which include Wraparound™ and other conformal solutions suitable for robust environments, high temperature, or low observable applications, to name a few. The on-ramp to the EWAAC sets the stage for future procurements and positions Haigh-Farr to play a key role in supporting the Air Force's mission to maintain superiority in the ever-evolving landscape of modern warfare. To learn more about Haigh-Farr please visit About Haigh-FarrHaigh-Farr, Inc. has been designing and producing exceptionally rugged, high performance antennas for a diverse array of applications including launch vehicles, spacecraft, missiles, aircraft, UAV's and satellites since 1969. Well known for their ability to adapt their core technology to provide a solution meeting any vehicle's unique performance and environmental requirements, Haigh-Farr's expertise results in affordable solutions with proven reliability. For more information on custom solutions, please reach out to Haigh-Farr directly. Media Contact:sales@
Yahoo
28-05-2025
- Business
- Yahoo
HAIGH-FARR JOINS EWAAC, BRINGING ADVANCED ESA TECHNOLOGY TO THE AIR FORCE'S CUTTING-EDGE DEFENSE INITIATIVES
BEDFORD, N.H., May 28, 2025 /PRNewswire/ -- Haigh-Farr, a global leader in the design, development, and manufacture of antennas for aerospace applications, has been awarded a position on the $46 billion Enterprise-Wide Agile Acquisition Contract (EWAAC). This contract, awarded by the Air Force Life Cycle Management Center (AFLCMC) Armament Directorate, is a significant milestone for Haigh-Farr, as it allows the Company to support the U.S. Air Force's procurement of innovative technologies that enhance national defense capabilities. The EWAAC is a multiple-award, indefinite delivery/indefinite quantity (IDIQ) contract that spans through 2031, providing a platform for acquiring advanced armament technologies. With a clear focus on expediting the acquisition of next-generation weapons systems, the EWAAC helps the U.S. military stay ahead of emerging threats by ensuring that advanced technologies are delivered quickly and efficiently. For Haigh-Farr, the inclusion on the EWAAC is an opportunity to build on the Company's legacy of innovation in aerospace and defense antenna technologies. Their participation underscores the Company's commitment to providing the Air Force with agile, flexible, and manufacturable armament solutions. By leveraging its expertise, Haigh-Farr is well-positioned to contribute to a range of high-performance solutions, including the Company's Electronically Steerable Array (ESA) antenna technology. David Farr, President of Haigh-Farr, expressed the company's enthusiasm: "We are proud to be selected for the EWAAC. Haigh-Farr has a proven track record of developing groundbreaking antenna technologies, and we are excited to bring our agile design and manufacturing approach to support the Air Force's future needs. We are particularly thrilled about our ESA antenna, which we believe represents the future of advanced communication and sensing systems." The ESA antenna technology is an integral part of Haigh-Farr's broader portfolio of passive antennas which include Wraparound™ and other conformal solutions suitable for robust environments, high temperature, or low observable applications, to name a few. The on-ramp to the EWAAC sets the stage for future procurements and positions Haigh-Farr to play a key role in supporting the Air Force's mission to maintain superiority in the ever-evolving landscape of modern warfare. To learn more about Haigh-Farr please visit About Haigh-FarrHaigh-Farr, Inc. has been designing and producing exceptionally rugged, high performance antennas for a diverse array of applications including launch vehicles, spacecraft, missiles, aircraft, UAV's and satellites since 1969. Well known for their ability to adapt their core technology to provide a solution meeting any vehicle's unique performance and environmental requirements, Haigh-Farr's expertise results in affordable solutions with proven reliability. For more information on custom solutions, please reach out to Haigh-Farr directly. Media Contact:sales@ View original content to download multimedia: SOURCE Haigh-Farr, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-05-2025
- Business
- Yahoo
Rocket Lab Wins Share of a $46 Billion Defense Contract. How Big a Share? Well...
Rocket Lab might theoretically get $46 billion in revenue from two new U.S. and U.K. weapons contracts. "Theoretically" is the operative word in the above sentence. Rocket Lab's actual winnings on these two contracts are likely to be much, much smaller than headlines suggest. It's been two weeks now since Rocket Lab (NASDAQ: RKLB) announced the big news that it was included in a $46 billion (headline value) contract "to provide hypersonic test launch capability with its HASTE launch vehicle ... for the United States and the United Kingdom." For a tiny space company that did just $436 million in business over the last 12 months, you would expect that kinda news to have a big effect on the stock price. And it did. Just perhaps not quite as big an effect as you would expect. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Over the two weeks since the contract was announced, Rocket Lab's stock price has jumped about 15%, most of which came on the day immediately following the announcement. It's a substantial advance for the space stock-turned-defense contractor, but perhaps not as big as a $46 billion contract win would ordinarily imply. And why not? Well, when you read the fine print of the deal, you will see important bits like: "Rocket Lab has been selected by the U.S. Air Force to participate within its Enterprise-Wide Agile Acquisition Contract (EWAAC), a $46 billion indefinite delivery-indefinite quantity (IDIQ) contract designed for the rapid acquisition of innovative technologies, engineering services, and technical solutions." So right off the bat, we see here that the $46 billion value isn't set in stone. It's dependent upon a sufficient number of task orders being awarded, and for sufficient numbers of dollars per order, under the larger IDIQ umbrella contract. Moreover, Rocket Lab is only one of many companies that will "participate" in this umbrella contract. In fact, if you dig a little deeper and search for details on EWAAC, what you'll discover is that a total of 297 separate vendors will be bidding to perform work on the EWAAC contract. Rocket Lab is only one of these companies. So if, hypothetically, each participant wins a proportional amount of work, Rocket Lab's own share of the funds might be as little as $155 million. And if you search a little more, you may discover that EWAAC is expected to run through 2031. That makes this a seven-year contract; divided into $155 million, this implies that Rocket Lab's share of the work could in fact be as little as $22 million per year. Now don't get me wrong. That $22 million is still a very respectable number, representing roughly 6% of the revenue Rocket Lab currently makes in a year. And there's every reason to believe that a leading company in the space industry like Rocket Lab, currently the second most prolific rocket launcher in America (after SpaceX) might win a disproportionate amount of the funds on offer under EWAAC. It's just that that's not guaranteed to happen. It's also worth noting that other participants in EWAAC have even more market heft to throw around than does Rocket Lab, and are correspondingly just as likely, or even more likely, to win disproportionately large shares of the funds on offer. Among the aerospace and defense stocks that Rocket Lab will be competing with are such giants as Boeing (NYSE: BA), L3 Technologies (NYSE: LHX), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and RTX (NYSE: RTX). So good news and bad news for Rocket Lab, and there's even more good news to tell. In addition to its work on EWAAC, Rocket Lab announced last month that it will be participating in the United Kingdom's Hypersonic Technologies & Capability Development Framework (HTCDF). Smaller in size than EWAAC, HTCDF also poses less competition for Rocket Lab, as only about 90 companies are expected to be competing in this one. HTCDF is, however, also a much smaller program, valued at just $1.3 billion. Divided 90 ways, that makes it worth less than $14.5 million per participant, assuming the monies end up divided equally, and not weighted to favor U.K.-based contractors such as BAE Systems (OTC: BAES.Y). And spread over a seven-year contract, the likelihood is that this is probably only about a $2 million-per-year program for the winners. Anyway, that right there basically sums up the worst-case scenario for Rocket Lab: $22 million plus $2 million means the company can reasonably expect to add $24 million to its annual revenue stream across these two hypersonic weapons contracts. It's better than nothing, I suppose, but despite the size of the headline numbers, I don't think it's necessarily going to move the needle for Rocket Lab, or accelerate its growth rate dramatically. And unless Rocket Lab ends up winning far more contract value than average on these contracts, I don't think a 6% improvement in annual revenue necessarily makes Rocket Lab stock a better buy than it was before the contracts were awarded. Before you buy stock in Rocket Lab USA, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rocket Lab USA wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $623,685!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $701,781!* Now, it's worth noting Stock Advisor's total average return is 906% — a market-crushing outperformance compared to 164% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Rich Smith has positions in Rocket Lab USA. The Motley Fool has positions in and recommends L3Harris Technologies. The Motley Fool recommends BAE Systems, Lockheed Martin, RTX, and Rocket Lab USA. The Motley Fool has a disclosure policy. Rocket Lab Wins Share of a $46 Billion Defense Contract. How Big a Share? Well... was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
Why Are Rocket Lab (RKLB) Shares Soaring Today
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 13.1% in the morning session after the company announced it was selected to provide hypersonic test launch capabilities through its HASTE launch vehicle, along with other related services, under two multi-billion-dollar government development programs for the United States and the United Kingdom. The first contract, with the U.S. Air Force, fell under the $46 billion Enterprise-Wide Agile Acquisition Contract (EWAAC), and was designed to bolster the Air Force's capabilities. The second contract was with the United Kingdom's Ministry of Defence (UK MOD) for its Hypersonic Technologies & Capability Development Framework (HTCDF), a roughly $1.3 billion (£1 billion) initiative to advance the UK's hypersonic capabilities. The company's inclusion in both U.S. and UK programs reflected growing demand for its launch technologies and services, and could drive long-term revenue growth while elevating its status as a trusted defense partner. Is now the time to buy Rocket Lab? Access our full analysis report here, it's free. Rocket Lab's shares are extremely volatile and have had 63 moves greater than 5% over the last year. But moves this big are rare even for Rocket Lab and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 5 months ago when the stock gained 53.4% on the news that the company reported impressive third-quarter results and provided an optimistic EBITDA forecast for the next quarter, which blew past analysts' expectations. Its revenue and EBITDA both outperformed Wall Street's estimates in the quarter. The performance was largely driven by strong demand in its space systems segment. Zooming out, we think this was a very good quarter. Rocket Lab is down 17.9% since the beginning of the year, and at $20.48 per share, it is trading 35.1% below its 52-week high of $31.57 from January 2025. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
