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The Department of State has approved a potential $990M foreign military sale of Lockheed Martin-built (NYSE: LMT) long-range anti-ship missile systems and associated equipment to Australia. The FMS deal will cover the procurement of 200 AGM-158C LRASM systems and 11 units of the ATM-158C LRASM telemetry systems, the Defense Security Cooperation...

The General Services Administration issued a draft request for proposals for a potential 10-year, multiple-award contract to research, build and sustain manned and unmanned aircraft, ground, space and maritime vehicles, weapons systems and robotics for the Department of Defense, Bloomberg Government reported Friday....

The U.S. subsidiary of Australia-based defense and space company Electro Optic Systems has agreed to acquire Audacy for approximately $6.7M in a move to leverage the latter’s spectrum license for microwave communications....

A joint venture between Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) has secured a potential five-year, $235.8M foreign military sales contract from the U.S. Army to support production of helicopter fire control radars for 12 countries....

Ellen Lord, acquisition chief at the Department of Defense and a 2019 Wash100 awardee, has said Lockheed Martin (NYSE: LMT) will develop a computer network to replace the F-35's Autonomic Logistics Information System, Reuters reported Wednesday....