General Dynamics Electric Boat has received a $2.28 billion contract modification from the U.S. Navy for advance procurement and early construction efforts for Columbia-class ballistic missile submarines. What Are the Details of the General Dynamics Contract Modification? The Department of Defense said Monday the cost-only modification, awarded...
RTX subsidiary Raytheon has secured a $698.9 million contract from the U.S. Army to provide National Advanced Surface to Air Missile System, or NASAMS, fire units. Gain exclusive insights into how the service is working to achieve its 2030 goals at the Potomac Officers Club’s 2026 Army Summit on June 18. Reserve your seat today! ...
The Department of State has approved a potential foreign military sale to the Taipei Economic and Cultural Representative Office in the United States, also known as TECRO, for non-standard spare and repair parts of F-16 Fighting Falcon fighter jet, C-130 Hercules transport aircraft and Indigenous Defense Fighter aircraft. The FMS is valued at an est...
Northrop Grumman has secured a $303.6 million indefinite-delivery/indefinite-quantity contract for the repair and return of radar components used on F-16 fighter aircraft operated by eight U.S. partner nations. The Department of Defense said Thursday the firm-fixed-price contract, issued by the Air Force Lifecycle Management Center at Hill Air Force...
Quantum computing firm IonQ has unveiled plans to acquire Skyloom Global, a Colorado-based developer of optical communication systems for space-based quantum networks. The acquisition, announced by IonQ Chairman and CEO Niccolò de Masi during a Nov. 11 CNBC interview, is supported by $3.5 billion in new funding to acc...
The Department of State has approved a potential $3.5 billion foreign military sale of Standard Missile 6 Block I and Standard Missile 2 Block IIIC systems to Germany. RTX, which manufactures both missile families through its Raytheon business, is the principal contractor, the Defense Security Cooperation Agency said Friday. Germany requested up to ...
ASRC Federal has secured a potential $1.18 billion contract from the Defense Logistics Agency for the procurement of third generation chemicals, petroleum, oils and lubricants, or ChemPOL. What Is the Scope of the ASRC Federal’s ChemPol Contract? The Department of Defense said Wednesday, under the firm-fixed-price long-term contract...
The U.S. Army has awarded Boeing a contract valued at $876.4 million for logistics, training and engineering services in support of 60 CH-47F Block II cargo helicopters. Work on the contract will be performed in Ridley Park, Pennsylvania, until Oct. 28, 2035, according to the Department of Defense. The Army Contracting Command in Redstone Arsenal,...
CHAOS Industries has raised $510 million in new funding to expand development and manufacturing of its sensing and timing technologies for defense applications. The round was led by Valor Equity Partners, with participation from existing investors 8VC and Accel, valuing the company at $4.5 billion, CHAOS said Thursday. The latest raise brings CHAOS&...
Babel Street has appointed Rob Lalumondier as chief revenue officer, adding a senior leader with experience in cybersecurity and threat intelligence as the company expands across the public sector, national security and commercial markets. In his new role, Lalumondier will oversee global revenue strategy, sales, channel operations and customer growt...
