Lockheed Martin (NYSE: LMT) has booked a potential $2.45 billion contract modification from the U.S. Army to produce guided air and missile defense systems.
The aerospace and defense contractor will manufacture the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles at its facility in Grand Prairie, Texas, through the end of December 2029, the Department of Defense said Friday.
Army Contracting Command is obligating the full contract amount using fiscal 2023 missile procurement and foreign military sales funds.
In September, Lockheed received a $273 million contract modification for PATRIOT Advanced Capability-3 missile production support.
The PAC-3 system comes with a hit-to-kill capability designed to protect ground forces and critical assets from cruise missiles, advanecd aircraft and tactical ballistic missiles.
OSINT has become essential for fighting counterespionage as data from platforms like social media make it hard to create cover…
Jeff Keen held multiple leadership roles during his five years at Applied Insight and more than 12 years at Axiom…
Empower AI received a task order with a $36.9 million face value, running through June 2027.
TechnoMile has named Anupriyo Chakravarti chief product and technology officer to lead its product, tech and engineering teams.
WWT has received a potential $500 million USPS contract to provide telecommunications hardware, software and network support.
CBP forecasts a need for maritime surveillance systems that include search radar, EO/IR cameras and AIS receivers.
The in-space mobility company holds a position on the Space Force's NSSL Phase 3 Lane 1 contract.
Anderon finalized a $1 billion CHIPS Act award with Commerce for its Albany quantum wafer foundry, matched by $1 billion…
CACI's Apollo program is intended to help USCENTCOM make faster decisions and coordinate more effectively across commands and partners.
Ret. Air Force Lt. Gen. David Deptula joins the board alongside Stacey Dixon, who previously led IARPA.
IVIX's Don Fort has said AI-enabled OSINT platforms could help agencies convert public data into actionable intelligence.
Chris Carson brings more than 40 years of financial and government contracting experience to AMERICAN SYSTEMS.
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