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The State Department has approved a potential $250M foreign military sale of follow-on items and support services for South Korea's Peace Krypton reconnaissance aircraft fleet. Lockheed Martin (NYSE: LMT) will be the prime contractor on the proposed deal to modernize ground infrastructure, implement a joint mission planning system and maintai...

The State Department has cleared Japan’s request to buy 105 units of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, Pratt & Whitney-made aircraft engines and related equipment and services under a potential $23.11B foreign military sales agreement....

The CEOs of eight defense contractors wrote separate letters to the White House and the Department of Defense saying that the money sourced from DoD’s budget to help companies retain highly skilled employees during the COVID-19 pandemic should be replaced with new funds to prevent military modernization programs from being jeopardized, Reuters rep...

TYSONS CORNER, VA, July 8, 2020 — Mary Legere, a managing director at Accenture's (NYSE: ACN) federal arm, and Leidos (NYSE: LDOS) Intelligence Group President Vicki Schmanske were named as members of the U.S. Geospatial Intelligence Foundation's board of directors for 2020-2021, ExecutiveBiz reported June 29....

Potomac Officers Club (POC) hosted its 2020 Procurement Virtual Forum on Tuesday, June 9th featuring Soraya Correa, chief procurement officer for the Department of Homeland Security (DHS), as the opening keynote speaker with GovCon Expert and DoD Maven Jim McAleese, Kim Herrington of the Department of Defense (DoD) and Julie Dunne of the General Ser...