Leidos (NYSE: LDOS) has won a potential five-year, $191.2 million contract from the U.S. Army to provide software sustainment services for the military branch. The Department of Defense said Army Contracting Command at Aberdeen Proving Ground in Maryland launched an online solicitation and received two bids for the cost-plus-fix-fee contract. The se...
Eleven companies were selected by the U.S. Navy for the procurement of machinery and systems services for naval vessels and land-based sites. The Department of Defense said Thursday the vendors secured spots on the indefinite-delivery/indefinite-quantity contract with a combined value of $496.1 million. The contract covers the procurement of h...
RTX (NYSE: RTX) has secured a potential $1.94 billion contract from the Missile Defense Agency to manufacture and assemble next-generation ballistic missile interceptors for the U.S. government and Japan’s defense ministry. The Department of Defense said Thursday the sole-source award covers the production of Standard Missile-3 Block IIA all...
Northrop Grumman (NYSE: NOC) saw its second-quarter fiscal 2024 sales climb 7 percent to $10.2 billion, up from $9.6 billion during the prior-year period, and attributed the growth to strong demand for the company’s products and services. The Falls Church, Virginia-based aerospace and defense contractor said Thursday Q2 net awards totaled $15....
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary will continue providing the U.S. Navy with long-lead-time materials in support of the Virginia Class Block VI submarines. The Department of Defense said Thursday Naval Sea Systems Command awarded a $181 million contract modification to General Dynamics Electric Boat for the requirements. Wo...
KBR (NYSE: KBR) reported $1.9 billion in revenue during the second quarter of fiscal year 2024, up 6 percent from the prior-year period, and recorded $2.1 billion in Q2 bookings and options with a book-to-bill of 1.0x on a trailing 12-month basis. The Houston-based engineering contractor said Wednesday its Q2 net income was $106 million...
KBR (NYSE: KBR) has won a $153.6 million contract from the U.S. Navy to provide certified and qualified operational contractor support services for naval aircrew. The Department of Defense said Tuesday the indefinite-delivery/indefinite-quantity contract requires KBR to support testing and evaluation of all manned air vehicles managed and operated b...
An Akima subsidiary has received a potential 10-year, $563 million contract from the U.S. Army to provide installation support services at Redstone Arsenal in Huntsville, Alabama. The company said Tuesday Akima Facilities Operations will provide engineering services, facility and equipment maintenance and environmental services for Department of Def...
The Potomac Officers Club’s 2024 Navy Summit presents an exciting opportunity to gain exclusive knowledge about one of the service branch’s top priorities: 5G. During this event, you will have the chance to hear from a variety of keynote speakers and panelists from across the Navy and industry. One panel session, titled “5G in Navy Mission...
At the much-discussed current “strategic inflection point” the U.S. finds itself — considering geopolitical disturbances like the war in Ukraine and competition from the ‘pacing threat’ of China — achieving “cost-effective mass” is the most effective strategy for deterrence, argues Melissa Dalton, under secretary of the U.S. Air For...
