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The U.S. Navy has awarded a $43.4 million contract to Boeing (NYSE: BA) and a $43.6 million contract to Lockheed Martin (NYSE: LMT) to provide risk reduction measures for the military branch’s first carrier unmanned aerial vehicle program. Boeing and Lockheed will also refine concepts and develop trade space models to support re...

TYSONS CORNER, VA, Sept. 23, 2016 ” The U.S. and India are close to reaching a deal to jointly manufacture the Javelin anti-tank guided missile technology, ExecutiveBiz reported Thursday. Defense News reported Wednesday that Javelin Joint Ventures, a Lockheed Martin (NYSE: LMT)-Raytheon (NYSE: RTN) joint ventu...

PAE has secured a potential four-year, $66 million task order for support services to the Naval Expeditionary Forensics and Biometrics program under the U.S. Navy‘s SeaPort-e professional services contract vehicle. Arlington, Virginia-based PAE said Wednesday it will provide shipboard services to the Naval Surface Warfare Cen...

Danny Pummill,  former undersecretary for benefits at the Department of Veterans Affairs, has joined Chantilly, Virginia-based government services contractor Femme Comp Inc. as executive vice president and chief operating officer. FCI said Monday Pummill will report to FCI President and CEO John Bronson and oversee the company...

The U.S. Navy has exercised a $166.3 million contract option for L-3 Communications  (NYSE: LLL) to perform maintenance and logistics work on approximately 200 T-45 Goshawk training jets. L-3’s Vertex Aerospace subsidiary will continue to provide sustaining engineering, supply and government pr...

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $329.6 million contract modification to perform design, planning yard, engineering and technical support work on active nuclear submarines for the U.S. Navy. The service branch obligated $284, 038 from its fiscal 2016 “other” procurement fu...