The service branch used fiscal 2020 procurement appropriations to cover the full obligated amount, the Department of Defense said Thursday.
Work under the modification is scheduled to run through March 24, 2024, and will take place in Grand Prairie, Texas.
Lockheed initially received a $561.8 million hybrid contract in July 2019 to help the Army and foreign military sales customers increase the lifespan of existing missile and launch systems.
The public-private partnership has worked to categorize and replace legacy system components through the program.
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…
AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…
