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The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $988.8M modification to definitize a previous contract action for the development of a hypersonic weapon prototype. The company will support the service branch in critical design review, test and manufacturing readiness efforts under the Air-Launched Rapid Response Weapon program, ...

General Electric's (NYSE: GE) aviation business has secured a $1.33B contract modification for delivery of T700 rotary aircraft engines to U.S. and international defense customers. The company will provide T700s for H-60 Black Hawk, AH-64 Apache and other helicopter programs of the U.S. Army, Navy, Air Force, other government entities and...

Amazon (Nasdaq: AMZN) filed a federal suit Friday in Washington contesting the fairness of the Department of Defense's move to award a $10B cloud computing contract to Microsoft (Nasdaq: MSFT), Bloomberg reported Saturday. DoD faces the legal challenge one month after it selected Microsoft to be its Joint Enterprise Defense Infrastructure contr...