The State Department has approved Romania’s request to purchase AIM-120 Advanced Medium Range Air-to-Air Missiles and related equipment. The Defense Security Cooperation Agency said Thursday it has notified Congress of the possible $592 million foreign military sale, under which RTX (NYSE: RTX) will serve as the principal contractor.&nbs...
The State Department has approved South Korea’s request to purchase up to 36 AH-64E Apache helicopters from the U.S. government. The Defense Security Cooperation Agency said Monday the proposed foreign military sale is valued at around $3.5 billion and includes 76 T700-GE-701D engines, 36 AN/ASQ-170 modernized target acquisition and designation si...
The State Department has approved the potential $3.5 billion sale of up to 36 AH-64E Apache helicopters to the Republic of Korea. Boeing and Lockheed Martin (NYSE: LMT) will serve as the principal contractors for the proposed foreign military sale, which also includes engines, fire control radars, missiles, missile warning systems, logistics and eng...
Cadmus has secured a contract worth $200 million from the U.S. Agency for International Development, or USAID, for the development of its digital technology programs and ecosystem. The strategic and technical consultancy firm said Wednesday it was awarded the Digital Forward contract by the agency to provide support for its digital integration ...
Lockheed Martin (NYSE: LMT) has secured a U.S. Navy contract modification worth $611.3 million to develop infrared and radar detection capabilities for the F-35 program. The Department of Defense said Friday the aerospace and defense manufacturer’s aeronautics business is tasked with providing Multi-Ship Infrared Search and Track Incremen...
CACI International (NYSE: CACI) has secured a $319 million task order to impart its expertise on intelligence systems to the U.S. Army. The information technology company said Wednesday it was chosen to fulfill a five-year work aimed at supporting an Army office in establishing and maintaining an advanced and on-demand environment. The pla...
Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth of 23 percent, and ended the quarter with a total backlog of $8.8 billion with a book-to-bill ratio of 0.9x on net bookings of $1.5 billion. The Centreville, Virginia-based defense and infrastructure engineering company s...
Clear Ridge Defense, or CRD, has won a potential $113 million contract to support the cyberspace operations of various U.S. Marine Corps units. The cybersecurity consulting company said Tuesday the prime contract will cover critical cyberspace services for the Marine Corps Forces Cyberspace Command, Marine Corps Cyberspace Warfare Group, Joint Force...
Parsons (NYSE: PSN) has agreed to buy BlackSignal Technologies for approximately $200 million to broaden its cybersecurity, artificial intelligence and electronic warfare capabilities and its client base across the Department of Defense and Intelligence Community. Chantilly, Virginia-based Parsons said Tuesday it expects the transaction to be comple...
Eleven companies were selected by the U.S. Navy for the procurement of machinery and systems services for naval vessels and land-based sites. The Department of Defense said Thursday the vendors secured spots on the indefinite-delivery/indefinite-quantity contract with a combined value of $496.1 million. The contract covers the procurement of h...
