Northrop Grumman (NYSE: NOC) saw its sales for the third quarter of fiscal 2022 jump 3 percent to $9 billion, up from $8.7 billion during the prior-year period, and attributed the growth to improving trends in labor availability and strong demand for the company’s capabilities. The Falls Church, Virginia-based aerospace and defense contractor said...
Leaders from disparate parts of the U.S. government have encouraged members of the government contracting industry who may be concerned about secure ideas and blueprints being leaked or compromised during the acquisition process to enter the exchange as early as possible. This would mean getting on the ground floor so as to prevent risking their...
An MBDA-Diehl joint venture has received a firm-fixed-price contract from the U.S. Navy to deliver updated Rolling Airframe Missile system and spare replacement components to the German navy. The award to RAM-System will support the recertification of the RAM Block 2 variant under a cooperative memorandum of understanding between the two countries, ...
Established in February through the combination of separate, active organizations, the Chief Digital and Artificial Intelligence Office was formed on the basis that isolated tools and gadgets cannot alone solve the Department of Defense’s greatest challenges. “It’s not technology, it’s not always necessarily even the capability...
Raytheon Technologies (NYSE: RTX) has won a three-year, $122 million contract for the product improvement of a radar designed to help the U.S. Army counter hypersonic weapons and other advanced threats. Army Contracting Command received two bids for the Lower Tier Air and Missile Defense Sensor Increment III project, the Department of Defense said T...
Lockheed Martin (NYSE: LMT) and Red Hat have partnered to support national security missions using artificial intelligence and Kubernetes technologies. Lockheed will use Red Hat Device Edge to equip unmanned aerial systems and other military platforms with updated software designed to enable such systems to manage large AI workloads and speed up the...
Raytheon Technologies (NYSE: RTX) reported $17 billion in fiscal 2022 third quarter sales, reflecting a 5 percent increase from the same period last year, and posted a total backlog of $168 billion at the end of the quarter with defense business accounting for $67 billion of that figure. “Our $168 billion company backlog grew over...
Intel’s (Nasdaq: INTC) foundry business has established an alliance to improve semiconductor design and production to meet the requirements of national security and government applications. Initial members of the U.S. Military, Aerospace and Government Alliance formed by Intel Foundry Services include Synopsys (Nasdaq: SNPS), Cadence (Nasdaq: CDNS...
The Department of Defense has started seeking proposals for a potential 10-year, $499 million contract to develop and test anti-tamper systems to protect critical program information and technologies from reverse engineering attempts and other adversarial efforts. The DOD Anti-Tamper Executive Agent Program Office expects the platforms to be procure...
Merck & Co., Inc is a global healthcare leader company engaged in the discovery, identification, and development of advanced treatment for cancer and various diseases. As one of the largest pharmaceutical companies in the world with more than 130 years of innovation at its core, it has produced the most well-known therapeutic products of today....
