The U.S. Navy has disclosed that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are pursuing the airframe development contract for the next-generation fighter jet program, dubbed F/A-XX, Aviation Week reported Sunday. Pratt & Whitney and GE Aerospace are competing to build the engine for the service branch’...
A new McAleese & Associates report shows that defense prime contractors posted a 7 percent to 9 percent rise in sales during the second quarter of 2022 and record-high backlogs as the Department of Defense accelerates contract awards. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the...
Army Issues $2.5B Contract Extension to 16 IT Vendors; Parsons Buys SealingTech for $200M; Lockheed, Northrop Book $1.5B in SDA Satellite Prototype Agreements; Stan Sloane Appointed CACI Independent Director Click to Unmute ...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a potential $2.7 billion contract from the U.S. Navy to develop and deliver 35 more CH-53K King Stallion heavy-lift helicopters. The contract includes the development of 12 units of Lot 7 CH-53Ks and 15 Lot 8 aircraft for the U.S. Marine Corps and eight helicopters for Israel’...
The State Department has cleared a potential $500 million foreign military sale to Taiwan of F-16 infrared search and track systems, produced by Lockheed Martin (NYSE: LMT) and related equipment through a government-to-government transaction. Taiwan’s economic and cultural representative office asked to procure IRST systems, integration and te...
Poland has requested to purchase 96 AH-64E Apache Helicopters and related equipment from the U.S. government under a potential $12 billion foreign military sale deal cleared by the State Department. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal contractors on the proposed transaction that would include aircraft engines, n...
The State Department has approved Australia’s request to procure up to 22 M142 High Mobility Artillery Rocket System launchers and related equipment from the U.S. government under a potential $975 million foreign military sale agreement. The proposed FMS transaction includes unitary and alternative warhead missile pods for the Guided Multiple ...
Andrew Campbell was elevated to the role of vice president of business development at Leidos‘ (NYSE: LDOS) Australian business arm, where he recently served as director of capture operations. He will be responsible for driving in-country business pursuits through oversight of capture and business development professionals, Leidos Australia sai...
Doug Bush, assistant secretary of the Army for acquisition, logistics, and technology, accepted his 2023 Wash100 Award from the award’s founder, Executive Mosaic CEO Jim Garrettson, at the Potomac Officers Club’s recent Army Summit. The summit gathered the service branch’s top officials and stewards for a riveting day of speeche...
Government contracts awarded by Air Force Research Lab have since been an effective collaboration between the government and private sectors. The purpose of these research and development programs is to advance technical and scientific expertise and apply what is gained to achieve national and agency goals The Air Force Research Laboratory (A...
