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L3Harris Technologies (NYSE: LHX) has agreed to purchase Link 16, the tactical data link product line owned by Viasat (Nasdaq: VSAT), in a deal worth approximately $1.96 billion. The definitive agreement is still subject to customary transaction adjustments and may be finalized in the first half of 2023, the companies said Monday. Link 16 is...

The U.S. Navy has downselected 14 companies to repair, maintain and modernize non-nuclear amphibious and surface combatant ships in Norfolk, Virginia, as part of two indefinite-delivery/indefinite-quantity multiple award contracts. The first award worth potentially $300.2 million will provide for maintenance services for Navy aircraft landing platfo...

Jon Gruen, executive chairman of Fortem Technologies, has assumed additional duties as CEO of the Pleasant Groves, Utah-based airspace awareness technology developer as part of a strategic reorganization that seeks to address the rising market demand for counter-unmanned aircraft systems support and strengthen the company’s focus on pursuing growt...

Six companies have received seven contracts from NASA to build inflatable aerodynamic decelerator systems for spacecraft entry, descent and landing operations and aerocapture missions. The vendors will compete for task orders to design, produce and test materials, subassemblies, components, flight articles, engineering development units and concept ...

Palantir Technologies (NYSE: PLTR) has received a contract extension valued at $229 million to continue working with the Army Research Laboratory on the experimentation and implementation of artificial intelligence and machine learning applications across the U.S. military. The new award is an addendum to the $99.9 million contract announced in...

Fourteen companies have won spots on a five-year, $1.89 billion contract to supply initial spare parts for the KC‐46 aerial refueling fleets of the U.S. Air Force and international military customers. The competition for individual delivery orders under the indefinite‐delivery/indefinite‐quantity contract will begin after the service branch is...

Seventeen companies have won spots on a potential five-year, $650 million contract to provide subject matter expertise to help the Department of Veterans Affairs design, build and test novel platforms, services and care models that could be scaled into clinical production in support of the Veterans Health Administration. The VA named its industry pa...

The Department of Homeland Security has chosen three vendors for its $43.16 million multi-award contract to assess crowdsourced vulnerabilities across DHS’ information technology assets. A notice posted Wednesday on SAM.gov lists Bugcrowd, Synack and SecureSoft Technologies as the companies holding positions on the indefinite-delivery/indefini...

The Department of Defense continues to issue accelerated payments meant to help defense contractors withstand the impact of the COVID-19 pandemic even after the White House declared the health crisis over, Bloomberg reported Monday. In March 2020, DOD issued a memo that increases the progress payment rates for large businesses from 80 percent to 90...