Lockheed Martin (NYSE: LMT) has won a $111,512,730 U.S. Navy contract to develop and produce undersea warfare systems that identify adversaries’ threats such as submarines and torpedoes. This cost-plus-incentive-fee, cost-only, firm-fixed-price contract is for a foreign military sales agreement with Japan, the Defense Department said Monday. The... 

Lockheed Martin (NYSE: LMT) has won two contract options worth approximately $315 million combined to build two weather monitoring satellites for the National Oceanic and Atmospheric Administration, Space News reports. John Leslie, an agency spokesman, told Space News the option for Geostationary-orbiting Operational Environmental Satellite-T is worth... 

ITT Exelis (NYSE: XLS) has won a $9.4 million contract to build radio frequency transmitters for the F-16 fighter jet, built byBudget Year Lockheed Martin (NYSE: LMT). Lockheed intends for Exelis’ continuous wave illuminator subsystem to help the F-16′s fire control radar and computer control semi-active missiles find targets, Exelis said... 

Huntington Ingalls Industries (NYSE: HII) subsidiary has won a $487 million contract to build a cutter ship for the U.S. Coast Guard to deploy for Arctic maritime missions. The Munro is slated as the sixth ship in the Coast Guard’s national security cutter fleet and the Ingalls Shipbuilding division will start constructing the ship in October, the... 

A Finmeccanica subsidiary has won a $141 million contract to build wings and related components for Lockheed Martin‘s (NYSE: LMT) F-35 fighter jet. Alenia Aermacchi is responsible for the Joint Strike Fighter program’s second wing production line, Finmeccanica said Thursday. The contract also includes $60 million, covering non-recurring activities... 

Lockheed Martin (NYSE: LMT) has won an $830 million U.S. Air Force contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes"... 

Lockheed Martin (NYSE: LMT) has won a $166.8 million contract extension to continue providing mission control services and systems support services for NASA‘s manned spaceflight programs. The option extends the facilities development and operations contract through Sept. 30, 2014 and increases the total contract value to $1 billion, NASA said Thursday. Lockheed... 

Steven Cortese Steven Cortese, a senior vice president at ATK (NYSE: ATK), has joined DRS Technologies as executive vice president for Washington operations. Cortese will serve as senior manager of the company’s relationships with U.S. Defense Department and federal agency customers, international customers and with defense industry business leaders,... 

Lockheed Martin (NYSE: LMT) has won a $45,651,026 contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause. Not... 

Paul Dillahay Paul Dillahay, former chief operating officer at ASRC Federal since 2011, has been promoted to president and CEO. Dillahay succeeds Ken Asbury, who joined CACI International (NYSE: CACI) in February as that company’s chief executive, ASRC Federal said Thursday. As COO, Dillahay oversaw day-to-day operations of ASRC Federal’s...