According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $49, 107, 559 cost-plus-fixed-fee contract. The award will provide for the operational support services for the Joint Improvised Explosive Device Defeat Organization. Work will be performed in Arlington, Va.; Afghanistan; and Iraq, with an estimated completion date of May 10, 2013. Four bids were solicited with three bids received. The U.S. Army Contracting Command, Aberdeen Proving Ground, Md., is the contracting activity (W91CRB-08-D-0024).”
Nadia Carlsten, former director of commercialization at the Department of Homeland Security and program manager of its cybersecurity division, has joined Amazon (Nasdaq: AMZN) as head of strategy and operations, G2Xchange ETC reported Monday.
Boeing (NYSE: BA) forecasts the aerospace and defense market to reach $8.7T and defense and space opportunities to hit $3.1T in the next 10 years as government agencies adopt new technologies, update military systems and expand maritime and space exploration.