Intel’s (Nasdaq: INTC) foundry business has added Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) to the second phase of the Department of Defense’s Rapid Assured Microelectronics Prototypes-Commercial program. Northrop and Boeing will join IBM (NYSE: IBM), NVIDIA (Nasdaq: NVDA), Microsoft (Nasdaq: MSFT), Qualcomm (Nasdaq: QCOM) and other RAM...
Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a $256.3 million contract option by Naval Air Systems Command to maintain fielded F-35 propulsion systems for domestic and international military customers. The engine builder will support depot-level F135 maintenance and repair activities under the exercised option, the Department o...
Semiconductor chips underpin nearly every technology, weapon system and digital capability across the Department of Defense, making them increasingly important for a wide array of government and military missions. However, the United States’ production of these chips has fallen in recent decades, threatening our technological standing on the globa...
The government contracting industry’s confidence in its future revenues has recovered from a COVID-19-prompted dip. The market’s assurance in its ability to drive new business has increased by 1.6 percent from a year ago, returning what’s known as the GovCon Confidence Index, or GCCI, to pre-pandemic levels. GCCI is measured by Deltek’s Cl...
RTX (NYSE: RTX) has secured an $81 million contract modification to continue supporting a joint initiative between the Defense Advanced Research Projects Agency and the U.S. Air Force to build a hypersonic air-breathing weapon system. The modification brings the total cumulative value of the company’s HAWC contract from $272 million to $...
Integrated Data Services has received a sole-source contract worth nearly $100 million to provide the U.S. Air Force with a commercial off-the-shelf system for program and financial management. Using the Comprehensive Cost And Requirement system, IDS subject matter experts will support enterprise operations at Wright-Patterson Air Force Base in Ohio...
Lockheed Martin (NYSE: LMT) will continue providing the U.S. Navy with AN/SQQ-89A (V) 15 anti-submarine warfare systems, spares and support services under a $100 million contract modification. The Department of Defense said Thursday Lockheed’s rotary and mission systems business was contracted for work on Hypervisor Technology Zero AN/SQQ-89A ...
The U.S. Transportation Command has made modifications to its contract with 11 shipping companies to ensure continuous delivery of transportation and distribution support services. Contract modifications were awarded under the International Ocean Transportation and Intermodal Distribution Services program to cover worldwide shipping services from Se...
The Swift Group, a Reston, Virginia-based IT services provider, has acquired OPS Consulting for an undisclosed sum to expand technology offerings for the Department of Defense and the intelligence community. Holton Yost, president and CEO of Swift, said in a statement released Thursday the acquisition will help the company to execute its long-term g...
RTX (NYSE: RTX) has secured a potential $282.6 million contract to modernize the Rolling Airframe Missile, a ship self-defense capability, for the U.S. Navy and three foreign military customers. The award from Naval Sea Systems Command covers design agent and engineering support to the MK 31 Guided Missile Weapon System Improvement Program, the Depa...
