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Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary has secured a $525.4M contract modification from the U.S. Army to build an additional 40 UH-60M helicopters. Sikorsky will provide 38 units of the multimission Black Hawk variant to the service branch and two aircraft to foreign military sales customers, the Department of Defense said Tuesd...

The U.S. Air Force plans to recompete a potential $25B contract vehicle and select up to 27 contractors to help the service branch build, test, sustain and update training systems equipped with simulation technology, Bloomberg Government reported Friday....