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Lockheed to Build More Submarine-Launched Missiles Under $601M Navy Contract Modification

Lockheed Martin (NYSE: LMT) has secured a $601.3M contract modification from the U.S. Navy to produce additional submarine-launched ballistic missile systems for the service branch and the U.K. The company will manufacture Trident II D5 missiles and support deployed systems through the sole-source contract, the Department of Defense said Thursday.

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Jerry McGinn: Defense Production Act Authorizes Gov’t to Prioritize Contracts

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in an opinion piece posted Thursday on The Hill that the Defense Production Act invoked by President Donald Trump serves as an “important tool” as the country seeks to come up with short- and medium-term responses to the impact of the coronavirus pandemic on the defense industrial base.

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Raytheon Completes FLIR System to Support Soldiers Fields of View; Sam Deneke Quoted

Raytheon Company has developed, manufactured and delivered its first 3rd GEN FLIR sensor system under a U.S. Army contract awarded in 2016. This latest Forward-Looking Infrared (FLIR) system to support soldiers four fields of view, the company announced on Wednesday.  

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Barry Barlow, Perspecta SVP and Chief of Staff, Named to 2020 Wash100 for Securing Valuable Contract Awards and Expanding the Company

Executive Mosaic is honored to present Barry Barlow, senior vice president and chief of staff at Perspecta, as an inductee into the 2020 Wash100 Award for strategic growth of the company and his contributing to securing valuable contract awards. This marks Barlow’s first Wash100 Award.

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Northrop Secures Navy MUOS, Satcom Gateway Interoperability Contract

Northrop Grumman (NYSE: NOC) has secured a potential $65.2M indefinite-delivery/indefinite-quantity contract from the U.S. Navy to provide systems and services to facilitate interoperability between a narrowband military communication satellite network and an ultra high frequency satcom gateway.

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