Contract Award

GDIT Wins $1.3B Army National Guard IT and Cyber Contract

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GDIT Wins $1.3B Army National Guard IT and Cyber Contract

Falls Church – October 13, 2026 -- General Dynamics Information Technology (GDIT) has won the $1.3 billion Enterprise Network Operations and Cybersecurity Support (ENOCS) contract to run enterprise IT and cybersecurity services for the Army National Guard and other federal partners.

GSA awards contract with one base year and six option years

The General Services Administration (GSA) Assisted Acquisition Services issued the award. It has a one-year base period followed by six one-year option periods. GDIT is a business unit of General Dynamics (NYSE:GD).

GDIT to operate and defend classified and unclassified Guard networks

Under the contract, GDIT will help the Guard and its federal partners upgrade and build enterprise IT environments. The scope covers:

Raytheon wins ONR contract to extend naval radar detection range

Portsmouth, R.I. – October 13, 2026 -- Raytheon, an RTX business, has won a contract from the Office of Naval Research (ONR) to develop software-driven target-detection upgrades for naval radar systems, with work running through 2031.

Raytheon targets longer range, higher sensitivity and better efficiency

Raytheon's Advanced Technology team will develop and evaluate advanced signal and data-processing algorithms. It will also integrate targeted software upgrades intended to extend detection range, increase sensitivity and improve radar-system efficiency.

The enhancements will undergo laboratory and field testing to validate performance and operational use. Raytheon is preparing them for transition into its SPY-6 family of radars and other future naval radars.

Air Wins $200M Army Contract for Next Generation Command and Control

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Air Wins $200M Army Contract for Next Generation Command and Control

Arlington – October 13, 2026 -- The Department of War has awarded Air a $200 million, five-year contract supporting the U.S. Army's Next Generation Command and Control (NGC2) ecosystem.

Contract extends Air's existing Army partnership through NGC2 development and testing

The award continues a longstanding relationship between Air and the U.S. Army. The company's Enterprise Readiness platform has supplied software for NGC2 from its inception through ongoing development and field testing. According to the company, the software removes operational bottlenecks, speeds mission planning, and shortens sensor-to-shooter-to-sustainer timelines.

Leidos Taps X-Bow for Army Low-Cost Cruise Missile Rocket Motors

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Leidos Taps X-Bow for Army Low-Cost Cruise Missile Rocket Motors

Washington – October 12, 2026 -- Leidos (NYSE: LDOS) has selected X-Bow Systems to develop and produce the booster motors for the U.S. Army's Low-Cost Containerized Munition (LCCM), with full-rate production at scale planned for 2027. X-Bow announced the award at the Association of the United States Army (AUSA) Annual Meeting and Exposition.

X-Bow enters design, qualification and static-fire phase ahead of 2027 production

Under the agreement, X-Bow will move through design, qualification testing and static fires before ramping to full-rate output. Leidos will produce the munitions in large quantities.

LCCM advances the Department of War's "Arsenal of Freedom" initiative

The award places X-Bow in one of the fastest-growing segments of U.S. defense spending: rebuilding a domestic solid rocket motor industrial base long concentrated among a handful of large suppliers, and fielding precision munitions in volume.

Valmet to Deliver PM 9 Board Line to China's Anhui Linping

Espoo – October 12, 2026 -- Valmet will supply a complete high-speed board making line, PM 9, to Anhui Linping Circular Development's mill in China, with start-up scheduled for 2028. The order is booked in Valmet's third-quarter 2026 orders received, and its value will not be disclosed.

Valmet extends Xiao County partnership after PM 8 delivery

PM 9 follows the complete board making line PM 8, which Valmet previously delivered to the same customer site in Xiao County. The new line is designed for lightweight fluting and liner grades. Anhui Linping aims to broaden its product portfolio while improving resource efficiency and lowering environmental impact.

Anhui Linping Chairman Li Jianshe said the investment will "strengthen our position in the market" and cited the earlier project with Valmet as the basis for confidence in the full-scope delivery.

Sandvik Books SEK 340M Underground Equipment Order in Mexico

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Sandvik Books SEK 340M Underground Equipment Order in Mexico

Stockholm – October 12, 2026 -- Sandvik has booked an underground equipment order worth around SEK 340 million from Mexican mining contractor Constructora Minera Villagómez S.A. de C.V. (CoMinVi), the company said. The order was recorded in the second quarter.

Order covers trucks, loaders and drill rigs for several CoMinVi sites

The equipment will be used at several of CoMinVi's contract sites across Mexico. The package comprises trucks, loaders and drill rigs.

Deliveries run from 2026 through 2028

Deliveries are expected to begin during 2026 and continue through 2028, spreading revenue recognition across multiple years.

Patrick Murphy, President of Sandvik's Mining business area, described the deal as a deepening of a longstanding partnership, saying Sandvik looks forward to "continue supporting their operations."

AerCap Leases Three 777-300ERSF Freighters to China Southern

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AerCap Leases Three 777-300ERSF Freighters to China Southern

Dublin – – October 12, 2026 -- AerCap Holdings N.V. (NYSE: AER) has signed lease agreements with China Southern Air Logistics Co. Ltd. (China Southern Airlines Cargo) for three Boeing 777-300ERSF converted freighters, with the first delivery set for October 2027.

Deliveries run from October 2027 to Q2 2028

The second aircraft is scheduled for delivery in Q1 2028 and the third in Q2 2028. The 777-300ERSF, known as "The Big Twin," is the first passenger-to-freighter conversion program for the Boeing 777-300ER. The aircraft is powered by the GE90 platform.

China Southern targets intercontinental route growth

Li Xiao, Chairman of CSA Logistics, said the aircraft support the carrier's strategy to expand intercontinental routes. He called the introduction of the type "a major milestone in the continued evolution of our fleet."

TGS Wins Mediterranean Streamer Contract for 110-Day Survey

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TGS Wins Mediterranean Streamer Contract for 110-Day Survey

Oslo – October 12, 2026 -- TGS has won a streamer acquisition contract in the Mediterranean that extends its streamer backlog well into the first quarter of 2027. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026, and the survey is expected to run approximately 110 days.

TGS deploys Ramform Titan-class vessel for the Mediterranean survey

The award covers a single survey with a duration of about 110 days. The source does not disclose the client, the contract value or the survey area within the Mediterranean.

Contract lengthens TGS streamer backlog into early 2027

CEO Kristian Johansen said the award extends the company's streamer acquisition backlog well into the first quarter of 2027. He described it as a reflection of continued demand for high-quality seismic data supporting offshore exploration activity.

TGS Wins Brunei Offshore Block Data Licensing Rights

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TGS Wins Brunei Offshore Block Data Licensing Rights

Oslo – October 12, 2026 -- TGS has been awarded data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam (PA) for subsurface data over an offshore Brunei block.

Award covers 3D seismic, well data and technical reports for one offshore block

The package includes 3D seismic data, well information and associated technical reports across the block. E&P companies can use the material to evaluate the acreage and reduce subsurface uncertainty before they take part in the block licensing process.

Brunei's PA targets international upstream investment

The project supports the Petroleum Authority's broader objective of attracting international investment into Brunei Darussalam's upstream sector. TGS says the award complements its existing multi-client footprint across the Asia Pacific region.

TGS Extends Indonesia's Largest Seismic Streamer Contract by a Month

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TGS Extends Indonesia's Largest Seismic Streamer Contract by a Month

Oslo – October 12, 2026 -- TGS has secured a one-month extension to the largest seismic streamer acquisition contract offshore Indonesia, with the extension scheduled to start in August.

Extension keeps Ramform Sovereign working under the Indonesian contract

The extension covers the Ramform Sovereign vessel, which acquires data using TGS's GeoStreamer technology. TGS did not disclose the contract value, the client's identity, the survey area or the vessel's remaining backlog.

TGS CEO says extension improves revenue visibility

CEO Kristian Johansen said the extension reflects the client's continued confidence in the Ramform Sovereign and GeoStreamer. He added that the project strengthens revenue visibility while TGS delivers high-quality seismic data with industry-leading acquisition efficiency.

The extension is short, at one month. Its financial impact is therefore likely to be limited, and TGS has not published figures.