Category: Business Community

Lockheed Martin and Northrop Grumman logos

More BIG CONTRACTS Announced

May 6, 2019—Northrop Grumman Corp. was awarded a one-year, $38.7 million contract by the U.S. Navy to provide software support for its E-2D Advanced Hawkeye. Most of the work will be performed in Melbourne, where Northrop Grumman has more than 3,000 workers.

Logos for Florida Institute of Technology and University of Central Florida

TALENT PIPELINE

March 15, 2019—New STEM degree programs to help boost employment are coming to Florida Tech and UCF. In 2019, the University of Central Florida and Florida Institute of Technology are launching two new STEM (science, technology, engineering and mathematics) programs to help boost talent production.

Global News Local Strength

BIG 3 CONTRACT WINNERS

December 21, 2018–The year is ending with good news on Florida’s Space Coast. Three firms with a big Space Coast presence are big winners with nine defense industry contracts totaling more than $280 million announced in the timeframe of Dec. 10-17, 2018, capping what is already described as a banner year.

A MERGER OF GIANTS

October 15, 2018 – Harris Corporation and L3 Technologies, Inc. have agreed to combine in an all stock merger of equals to create a global defense technology leader. The combined company to be named L3 Harris Technologies, Inc., will be the 6th largest defense company in the U.S. and a top 10 defense company globally, with customers in over 100 countries.