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ECS Federal has secured a potential $190.2 million contract from the U.S. Army for the development and demonstration of artificial intelligence capabilities. According to an award notice posted on SAM.gov, the broad agency announcement for the Project “Runaway” has an initial value of $65.7 million that has the potential to reach the ceiling amo...

Lockheed Martin‘s (NYSE: LMT) space business segment has secured a $1.2 billion contract modification to manufacture submarine-launched ballistic missiles for the U.S. Navy and a foreign military sales customer. The modification covers the production of Trident II D5 ballistic missiles and the provision of deployed systems support services for...

Patrick Shanahan, former deputy secretary of the Department of Defense and member of the board of directors of Spirit AeroSystems (NYSE: SPR), has been named as the company’s interim president and CEO.  He takes over the responsibilities of Thomas Gentile, who resigned as president, CEO and board member on Saturday, the Wichita, Kansas-ba...

QinetiQ Group’s U.S. arm has secured a potential $140.2 million contract modification from the Washington Headquarters Services to provide technical, administrative and professional support services for the Department of Defense’s strategic capabilities office. The modification to a previously awarded firm-fixed-price contract has a base value o...

Kris Chester was elevated to the role of chief technology officer at WTI, a Fairfax, Virginia-based information technology services provider that caters to the U.S. service branches, defense and civilian agencies and other government organizations, according to his LinkedIn post. The executive most recently served as WTI’s enterprise architect...

A Day & Zimmermann subsidiary will produce and deliver modular artillery charge system equipment for 155-millimeter ammunition to the U.S. Army under a $966.7 million contract. Day & Zimmermann Lone Star will manufacture, assemble, inspect, package and deliver 155 mm MACS M231/M232-series combustible cartridge cases as part of the five-year ...

The U.S. Air Force awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary a potential seven-year, $650 million contract to make upgrades to the HH-60W Combat Rescue Helicopter.  The indefinite-delivery/indefinite-quantity award includes a $91 million initial delivery order and a minimum guarantee contract, the Department of Defense sai...

Contracts procurement executives hold one of the most crucial steps in the government contracting landscape. This process of contract procurement ensures the federal government meets the specific requirements for the capabilities, products, and solutions. These are requisites for major industries, such as defense, healthcare, intelligence, space, an...

Lockheed Martin’s (NYSE: LMT) rotary and mission systems business has secured a potential seven-year, $1.05 billion contract to help the U.S. Navy integrate a combat management system across the Surface Force. The defense contractor will provide systems engineering and software integration services for the Integrated Combat System supporting the N...