Lockheed Martin has secured a $211.7 million contract modification from the Missile Defense Agency to provide maintenance and sustainment services to two Terminal High Altitude Area Defense, or THAAD, batteries in the United Arab Emirates. The Department of Defense said Wednesday that the requirement was solicited from Lockheed Martin Space as the o...
Envision Technology has landed a $249 million contract from the U.S. Navy to provide the U.S. Marine Corps with the squad aiming laser, or SAL, system. Squad Aiming Laser System Contract The Department of Defense said Monday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract covers spare and repair parts, as well as con...
V2X posted record fourth-quarter revenue of $1.16 billion, reflecting an 11 percent year-over-year growth, and full-year 2024 revenue of $4.32 billion, up 9 percent from the previous year. Q4 & Full-Year 2024 Financial Results In an earnings release published Tuesday, the McLean, Virginia-based defense services contractor said its book-to-bill i...
The U.S. Air Force has named Leidos, Jacobs Government Services and 25 other companies as awardees of indefinite-delivery/indefinite-quantity contracts valued at $1.5 billion. The Department of Defense said Monday that the multiple-award contract comes with a five-year ordering period with an option of another five years. If the option period ...
KBR reported $2.1 billion in fiscal 2024 fourth-quarter revenue, up 23 percent from the prior-year period, and saw its full-year revenues increase 11 percent to $7.7 billion, reflecting a 9 percent organic growth. Q4, Full-Year Financial Highlights In an earnings release published Monday, the Houston-based engineering contractor said Q4 net income w...
In terms of communications, Department of Defense leaders recognize that U.S. military operations are going to require a varied patchwork of systems and approaches. Both private and public networks have their places in certain environments and for specific purposes; sometimes, one Pentagon leader suggested at a conference in mid-2024, using exi...
Scott Pfister is the president and CEO of Precise Systems, where his leadership has fueled the company’s growth as a government services solutions provider. On his watch, Precise has expanded to over 1,300 employees and successfully completed three acquisitions, broadening its footprint both nationwide and internationally. Pfister’s comm...
Raytheon, an RTX business, has been awarded a $322.5 million contract modification by the U.S. Army for the procurement of tube-launched, optically tracked, wireless-guided, or TOW, weapon systems. TOW Missile Production Contract The Department of Defense said Friday the company would perform the work for the project at its facility in Tuc...
Sikorsky Aircraft, a Lockheed Martin business unit, has secured a $232.4 million firm-fixed-price contract modification from the U.S. Navy for the procurement of long-lead time materials. Sikorsky Contract Specifications The Department of Defense said Thursday the company will provide additional long-lead time materials to support full rat...
The Defense Health Agency’s Contracting Division-Professional Services has requested proposals for a potential $1.6 billion firm-fixed-price, cost-reimbursable contract to provide medical and dental readiness services. Remote Health Readiness Program-4 Contract According to the notice posted on SAM.gov Thursday, the selected vendor will p...
