The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential $3.9 billion contract to provide training systems and design, develop, integrate and test simulation platforms for the F-35 Lightning II fighter aircraft. The Department of Defense said Wednesday work on the sole-source, indefinite-delivery/indefinite-quantity contract will occur in O...
Bethesda, Maryland-based Aretum has appointed Tiffany Bailey, a business development executive, as executive vice president of operations and growth. In a LinkedIn post published Wednesday, Bailey said she looks forward to partnering with Aretum CEO Rohit Gupta to expand the company’s footprint and support the government’s mission. “At Are...
Saab Inc., the U.S. business arm of the Swedish aerospace and defense company, has booked a $494.4 million contract from the U.S. Army for the production of XM919 Individual Assault Munition, or IAM. The Department of Defense said Tuesday the firm-fixed-price contract, which covers an unspecified amount of XM919 IAM, was awarded to Saab by the...
The foreign military sales process, wherein international governments seek armaments and defense support from the U.S., is a complicated and highly bureaucratic system that stretches across multiple major agencies, not just the Department of Defense. Officials blame slow industrial base production, lack of Congressional funding and diffuse proc...
AeroVironment (Nasdaq: AVAV) has secured a U.S. Army contract worth $990 million to equip dismounted infantry formations with an organic, stand-off capability. The Department of Defense said Tuesday the capability is for destroying tanks, light armored vehicles, hardened targets, defilade and personnel targets. The cost-plus-fixed-fee and firm-fixed...
By Payam Pourkhomami, President & CEO of OSIbeyond Cybersecurity Maturity Model Certification requirements are here, and the clock is ticking for organizations affected by them. Per the Department of Defense’s estimates, starting in Q1 2025, all new DOD contracts will require self-assessment at CMMC Level 1 or Level 2 before award. By Q3 2...
L3Harris Technologies (NYSE: LHX) has booked a $587 million contract from the U.S. Navy to provide electronic warfare test articles and prototypes. The Department of Defense said Monday the deal covers the design, production and delivery of electronic warfare test articles and fleet prototypes, including 11 pod simulators, eight operational pro...
The Defense Intelligence Agency is working on an artificial intelligence-powered system that once deployed will be able to quickly sift through vast amounts of data, perform intelligence analysis and help DIA analysts to focus on more complex intelligence tasks. This program has made significant progress thus far. But what’s next for MAR...
Just before the September 11, 2001 attacks, Bradford Powell joined U.S. Air Force ROTC at the University of Iowa because he wanted to actively serve the country after graduation, rather than sit idly behind a desk. As fate would have it though, post-9/11, he became an acquisition officer and ended up doing a fair amount...
Northrop Grumman (NYSE: NOC) has secured a potential $200.2 million contract from the U.S. Space Force to build the second site for a radar capability designed to facilitate object detection and tracking in geosynchronous orbit to provide space domain awareness for the U.S. military and its allies. The Department of Defense said Friday the sole-sour...
