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Oceus Networks announced on Tuesday that Brad Antle, former CEO of Salient CRGT, has been appointed executive chairman effective immediately following its acquisition by Battle Investment Group. In addition, Oceus Chief Operating Officer Jeff Harman will transition to a new role as the company's president....

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...