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.
The HRL purchase brings quantum sensing, materials, cryogenics and packaging expertise to IBM.
Parsons will be able to compete for task orders supporting Missile and Space Intelligence Center systems.
Tricentis has acquired AI coding platform Tabnine to integrate Enterprise Context Engine into its Agentic Quality Engineering Platform.
GovCon Expert Chuck Brooks outlines the governance, cryptographic inventory and resilience steps agencies and contractors need now.
CISA has forecast a follow-on cybersecurity operations contract worth over $100 million, with an award expected in fiscal 2027.
The SpaceX project is expected to create 3,000 direct jobs and 8,100 indirect jobs over 10 years.
GovCon dealmakers Jean Stack and John Song, both Wash100 winners, are leaving Baird to join Evercore's defense practice.
Thompson was chief growth officer at CBRE Government & Defense Services and Idemia North America.
Raytheon will handle AN/APQ-188 radar work, while Boeing will deliver bomb rack modernization system kits for the B-52.
Parsons subsidiary SealingTech has booked a potential five-year, $750 million USCYBERCOM OTA for Joint Cyber Hunt Kit production.
Evan Scott, president of ESGI Potomac Recruiting, explains how to find, vet and hire elite federal business development executives.
DHS plans to compete a follow-on $100 million OneStream systems integrator BPA, with award anticipated in the second quarter of…
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