According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $1, 528, 454, 053 contract modification that will procure eight C-17 aircraft. At this time, $734, 400, 000 has been obligated. 516 AESG/PK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8614-06-D-2006).”
Lockheed Martin (NYSE: LMT) emerged as the final contender for the U.S. Army’s Precision Strike Missile prototyping competition, Jane’s 360 reported Tuesday. The PrSM program seeks to develop a precision-strike, surface-to-surface guided missile to replace the Army Tactical Missile System and that can be fired from the M142 High Mobility Artillery Rocket System and M270A1 Multiple Launch Rocket System to neutralize targets at ranges of up to 499 kilometers.
CACI International (NYSE: CACI) has won a potential $199.5M contract to provide satellite communications systems and services to U.S. Navy's joint warfighting special operations around the world.