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Tag Archives: contract modification

Lockheed Receives $1.6B Army Foreign Sales Contract Modification for Patriot Missiles


The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $1.6 billion contract modification to provide Patriot air defense systems, spares and equipment to the armed forces of South Korea, Qatar, Taiwan, United Arab Emirates and Saudi Arabia. The Defense Department said Thursday the Army obligated $1,346,328,377 in fiscal 2010 and ...

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US Army Awards $126M Hydra-70 Contract Modifications to General Dynamics Unit

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A General Dynamics (NYSE: GD) business unit has received two contract modifications worth $126 million to continue to supply the U.S. Army with a Hydra-70 rocket system. The company said Monday its General Dynamics Ordnance and Tactical Systems unit will produce the air-to-ground rocket platform for U.S. military branches and international military clients. ...

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Boeing Awarded $359M for Long-Lead Poseidon Materials Procurement

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The U.S. Navy has awarded Boeing (NYSE: BA) a $358.9 million contract modification to buy long-lead components for 29 P-8A Poseidon multimission maritime aircraft. The Defense Department said Tuesday the materials are needed to accomplish work on nine full-rate production Lot II and 16 Lot III P-8As for the U.S. ...

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General Atomics Gets $121M Modification on Gray Eagle UAS Production Contract with Army


General Atomics has received a $121.4 million contract modification from the U.S. Army to build Gray Eagle unmanned aircraft systems and satellite data terminals. The award covers production of 19 Gray Eagles and 19 satcom terminals and is a modification to a potential $200 million contract the company was awarded ...

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General Atomics to Assemble, Test Aircraft Launch System and Arresting Gear for US Navy

General Atomics

General Atomics has received a $737 million contract modification to produce, assemble and test an arresting gear and electromagnetic aircraft launch system shipset for the U.S. Navy. The company will also work to engineer, install and checkout spares, repairs, technical data and drawing changes to the shipset for use on the ...

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McKesson Receives $6B Tricare Pharmaceutical Services Contract Modification

medical health doctor

The Defense Logistics Agency has awarded McKesson Corp. (NYSE: MCK) a potential $6.1 billion contract modification to replenish prescription drug supplies for the Defense Department‘s Tricare pharmacy program. This award exercises the first of three 30-month options under a firm-fixed-price contract for the company to provide pharmaceutical distribution services to ...

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Lockheed, Air Force Ink Missile Warning Satellite Contract Modification

lockheed martin

Lockheed Martin (NYSE: LMT) will upgrade its A2100 geosynchronous spacecraft for the U.S. Air Force‘s Space Based Infrared System satellite program under a modification to a $1.8 billion contract awarded in June 2014. The Air Force Space Command said Tuesday it issued the modification after Lockheed proposed a framework to ...

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Navy Awards Huntington Ingalls $4B in JFK Carrier Construction, Labor Contracts

U.S. Navy photo

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a $3.3 billion contract for detail design and construction work and a $941.2 million modification for additional labor for the future USS John F. Kennedy aircraft carrier. The Defense Department said Friday the contracts cover material and services to complete the ship including research studies, engineering, ...

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Navy Orders $149M in Raytheon SM-6 Rounds; Mike Campisi Comments

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Raytheon (NYSE: RTN) has been awarded a $149 million contract modification to produce additional Standard Missile-6 systems for the U.S. Navy. The company will assemble the 74 SM-6 rounds, spares, containers and services at its Huntsville, Alabama-based facility, Raytheon said Tuesday. “Combatant commanders want their deployed ships armed with as many ...

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L-3 Vertex Awarded $56M Navy Training Logistics Contract Modification


A subsidiary of L-3 Communications (NYSE: LLL) has received a $56.2 million contract modification from the U.S. Navy for logistics and depot-level services on 119 TH-57 trainer aircraft. The Defense Department said Tuesday L-3 Communications Vertex Aerospace will provide the services in support of the undergraduate helicopter pilot training program of the Naval Air Training Command. ...

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