A Lockheed Martin (NYSE: LMT) business unit will help the U.S. Navy engineer and maintain Mark 48 heavyweight torpedoes under a potential five-year, $91.9 million contract.
Lockheed’s rotary and mission systems segment will perform work for the branch’s Intermediate Maintenance Activity in Pearl Harbor, Hawaii, the Department of Defense said Friday.
The cost-plus-incentive-fee contract has a one-year base period valued at $16.9 million and an option that would extend services through February 2028.
Naval Sea Systems Command acts as the contracting activity and the service will initially obligate approximately $7.4 million from its fiscal 2023 operation and maintenance funds.
Shield is financing the Echodyne acquisition through a $1 billion Series H round, a Blackstone investment and debt financing.
The appointments follow a $100 million Series D and precede a planned Washington office opening.
GAO found that Anniston Army Depot lost 616 government employees while Red River lost 169 from 2021 to 2025.
Deloitte Consulting has won a potential $488.2 million FAA contract to modernize legacy applications under the ATLAS initiative.
NASA has selected eight companies for the potential 10-year, $10 billion CLPS 2 contract to deliver payloads to the lunar…
Prime awardees must team with small businesses from all four primary set-aside categories.
Amentum CEO John Heller honored with Scouting America’s annual tech sector award at luncheon attended by top GovCon industry players
The Azimut.ai acquisition marks Windward's first move into proprietary ship-mounted and ground-based maritime sensors.
The former Aretum chief growth officer also held leadership roles at M9 Solutions, Capgemini and other federal contractors.
Concurrent Technologies Corp. will split its CFO responsibilities into two roles as John Klein retires.
Arcfield will design, sustain and modernize NUWC radar, imaging and electronic warfare systems for up to five years.
The initial task order is worth $115 million, with Viasat serving as the network and mission system integrator.
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