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Contract Awards

Lockheed Martin Wins $23 Million JASSM Contract

Lockheed Martin has won a $23 million contract for 12 Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER) test missiles. Six of the missiles will be used to complete the development test flight program, with the remaining six to be used in operational tests, but all of the missiles will be tactically …

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The ILEX Group Announces Closure of Investment Unit

The ILEX Group announced today that it is closing its private equity investment unit. The private equity firm, ILEX Investments International, specialized in support of start-up companies using American technology in Southern Asia, the Middle East, and Eastern Europe. The firm had previously stopped making new investments last December to …

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DHS Grants Raytheon 2nd-Phase Of SWARM

The US Department of Homeland Security awarded the second-phase of a five-phase project to Raytheon’s Stand-Off Waring Against Radiological Materials (SWARM). The 8-month contract is worth  $1.176 million; if all options are utilized the contract would total $2.9 million. The DHS’ Domestic Nuclear Detection Office under the Exploratory Research in Nuclear Detection Technology …

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Raytheon Radio Contract With US Army

Raytheon landed a $22 million contract with the United States Army to provide a new radio system. The task will be performed at Fort Wayne, Indiana with cites in California, Virginia, Maryland and Florida. Raytheon reported sales of $23 billion in 2008 and is headquartered in Waltham, Massachusetts.

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Lockheed Martin Wins $7 Million Japanese Aegis Modernization Contract Modification

Lockheed Martin has received a $7 million modification to Japan’s Aegis Modernization Lifetime Support efforts for Kongo and Atago class ships under the U.S. Foreign Military Sales Program.  This modification includes options which if exercised would increase the cumulative value of the contract by $41 million.  Lockheed Martin will provide …

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Lockheed Martin Wins $441.9 Million Modification to F-35 Contract

Lockheed Martin Corp has won a $441.9 million modification to its U.S. Navy F-35 fighter contract, according to the Pentagon.  The modification changes an initial low-rate production “advance acquisition” contract to a “cost-plus-incentive-fee/award-fee contract” that compensates a contractor in a way that equals its expenses plus a profit.  The stealth-enabled F-35 fighter jet is in …

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SAIC, FGM and Booz Allen Hamilton Win Navy NECC Contracts Totaling $172.3 Million

Science Applications International Corp. (SAIC), FGM Inc. and Booz Allen Hamilton Inc., have won Navy Net-Enabled Command Capability  (NECC) contracts totaling $172.3 million. The three contractors will compete for indefinite-delivery/indefinite-quantity (ID/IQ) task orders to provide systems engineering support to the Defense Information Systems Agency (DISA) during the two-year contract period, which …

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Qwest Wins $7.2 Million Contract From the State of Utah

Qwest Communications has received a three-year contract worth $7.2 million from the state of Utah for a cost-saving, converged voice and data network. Qwest has begun connecting 300 locations in Salt Lake City and along Utah’s Wasatch Front using its Metro Optical Ethernet (QMOE) data networking platform, with thirty sites …

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Lockheed Martin Awarded $10 Million DARPA Long Range Anti-Ship Missile Contract

The Defense Advanced Research Projects Agency (DARPA) awarded the first contract under the Long Range Anti-Ship Missile (LRASM) program to Lockheed Martin.  Lockheed Martin Corp will receive $10 million for the initial nine-month phase of the missile demonstration project, and an additional award is expected.  The joint DARPA/U.S. Navy LRASM …

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