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The State Department has cleared Norway’s request to procure MH-60R multimission helicopters and C-130J transport aircraft sustainment services under a pair of foreign military sale deals worth approximately $1.16 billion combined. Norway asked to buy six anti-submarine and anti-surface warfare helicopters equipped with tactical data link radi...

Lockheed Martin (NYSE: LMT) has booked a potential $2.45 billion contract modification from the U.S. Army to produce guided air and missile defense systems. The aerospace and defense contractor will manufacture the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles at its facility in Grand Prairie, Texas, through the e...

Healthcare delivery is increasingly determined and shaped by technology and digital platforms. The COVID-19 pandemic ushered in an era of virtual appointments, among other practices, many of which will likely remain indefinitely. But from a wider vantage, the larger trend toward digitalization means that government health agencies and private provid...

Lockheed Martin‘s (NYSE: LMT) aeronautics business will move to boost the production capacity for F-35 Block 4 jets after the Naval Air Systems Command awarded a $172.1 million order modification under a basic ordering agreement. The company will use the money to obtain special test and tooling equipment and kits to support Next Gen Distribute...

The State Department has approved a pair of foreign military sale deals worth potentially $774.2 million combined for the government of Morocco to procure High Mobility Artillery Rocket System launchers and Joint Standoff Weapon systems from the U.S. Morocco asked to buy 18 M142 HIMARS launchers along with 350 pieces of related equipment and support...

Boeing (NYSE: BA) will supply updated Harpoon tactical missile systems to foreign military sales customers under a $1.17 billion order modification from the U.S. Navy. The award covers 400 Harpoon Block II Update missiles, containers, blast test vehicles, joint common test sets, equipment, spare parts, technical documentation, logistics support and ...

Photo Contributor: Tsuguliev/Shutterstock   The defense industry is one of the world’s largest and most competitive industries. The U.S. federal government agencies under the Department of Defense are actively procuring defense products and upgrading existing systems with the latest technology to strengthen the nation’s military fo...