Lockheed Martin‘s (NYSE: LMT) aeronautics division has secured a 10-year, $238 million contract from the U.S. Air Force to supply and deliver F-16 initial spares to foreign military sale customers. The contract will support new aircraft procurement or major fleet upgrades for the governments of Greece, Jordan, Taiwan, South Korea and Singapore...
StandardAero will continue to provide maintenance and repair support for P-8A Poseidon maritime patrol and reconnaissance aircraft engines under a potential one-year, $209.5 million contract modification awarded by the U.S. Navy. The modification exercises an option on a previously awarded indefinite-delivery/indefinite-quantity contract and covers ...
The State Department has approved a potential $2.53 billion foreign military sale of M1A2 Abrams main battle tanks and related equipment to the government of Romania. The potential FMS deal includes 54 M1A2 System Enhancement Program version 3 vehicles, 54 M1A1 structures, four M88A2 Hercules combat recovery vehicles, four M1110 joint assault bridge...
Federal Resources Corp. has secured three five-year contracts worth approximately $881.4 million combined to provide technical and functional support services, hardware and software as a service for the State Department’s Bureau of Global Public Affairs and Bureau of Global Talent Management. FRC said Tuesday it will help the two bureaus modernize...
The 2023 Homeland Security Summit | Potomac Officers Club is happening on Nov. 15, 2023. Catch your favorite speakers discussing about national security and how they plan to twart foreign threats by clicking here. The MQ-9 Reaper drones have revolutionized surveillance and targeting capabilities in the 21st century. With advanced technology a...
Boeing (NYSE: BA) and AAR‘s (NYSE: AIR) government services subsidiary were awarded contract modifications worth $182.8 million combined to help repair, replace and maintain maritime patrol and reconnaissance aircraft engines for domestic and international military customers. Both contractors will deliver P-8A Poseidon aircraft depot-level mai...
RTX (NYSE: RTX) has secured a $156.2 million contract from the U.S. Army to provide spares, components and ground support equipment for the government of Romania’s Patriot missile defense system. Army Contracting Command received one bid for the fixed-price-incentive contract via an online solicitation and obligated funds in fiscal 2024 foreig...
The Raymond James Defense and Government Conference held at Nationals Park in Washington, D.C. on Thursday brought together some of the most influential executives, government officials and thought leaders in the government and government contracting industry. During a panel discussion moderated by Raymond James Managing Director Andy McEnroe, fou...
The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $379 million contract to produce and deliver eight MH-60R Seahawk helicopters to the Armada, Spain’s naval force. The aircraft will serve as an upgrade and supporting fleet to the Spanish navy’s SH-60B Seahawk fleet, Lockheed said Thursday. The deal is covered by an existing basic order...
The U.S. Department of Defense famously established the Joint Digital and Artificial Intelligence Office in 2022 to formally indicate their commitment to embracing AI. But the Pentagon hasn’t stopped there — in the nearly year and a half since the CDAO’s creation, defense officials have demonstrated a persistent interest in implementing — an...
