William LaPlante, under secretary of defense for acquisition and sustainment, has shared that Lockheed Martin (NYSE: LMT) and the Department of Defense reached a “handshake” deal for the next lot buy of about 375 units of the F-35 fighter jet, Reuters reported Monday. While production is set to take a three-year period like the previous...
The United States government is contending with evolving adversaries in a global race for advanced technology. As competition intensifies, it’s clear that modernization is no longer an option, but a requirement. Now, federal leaders are working to simultaneously harness the power of emerging technologies while modernizing its outdated legacy syste...
L3Harris Technologies (NYSE: LHX) has won a potential six-year, $378.9 million contract to equip the U.S. Navy, Marine Corps and Foreign Military Sales customers with a real-time sensor netting system for integrated fire control and situational awareness. Aside from producing the Cooperative Engagement Capability system, the contractor will also pro...
Booz Allen Hamilton (NYSE: BAH) has won a $171.8 million contract to provide technical, managerial and analytical services to the U.S. Navy’s aviation organization. Under the five-year contract, Booz Allen will help the Naval Aviation Enterprise implement strategies to ensure the readiness of and modernize systems for service aviators, the Dep...
General Dynamics‘ (NYSE: GD) mission systems business was awarded a six-year, $273 million contract modification to perform technical engineering work required to manufacture subsystems of the fire control technology for U.S. and U.K. nuclear ballistic missile submarines. This award from the U.S. Navy’s Strategic Systems Programs office ...
BAE Systems’ ordnance unit will continue to run a government-owned ammunition manufacturing complex in Virginia under a $1.29 billion contract modification from the U.S. Army. The award covers operational services to the Radford Army Ammunition Plant and the production of propellant components for military use, the Department of Defense said Frida...
Does Lockheed Martin have government contracts? The primary activities of Lockheed Martin, a multinational security and aerospace company, are the design, research, manufacture, business development, integration, and maintenance of high-tech equipment. Although the company is a private company, it mainly offers its products and services to th...
The Defense Logistics Agency has selected AmerisourceBergen for a potential eight-year, $6.06 billion contract to replenish pharmaceutical products and related items to order processing facilities for the Defense Health Agency-managed Tricare program. AmerisourceBergen will act as the Tricare Pharmacy Program’s national prime vendor and provid...
General Dynamics’ (NYSE: GD) information technology business has won a potential 10-year, $908 million contract to provide IT and enterprise network services to U.S. Air Force personnel across the European and African continents. AF Installation Contracting Command received six bids for the single-award, indefinite-delivery/indefinite-quantity con...
Raytheon Technologies (NYSE: RTX) will manufacture additional prototypes of the U.S. Army’s Lower Tier Air and Missile Defense Sensor under a three-year, $353.9 million contract. The military branch received two bids for the cost-plus-fixed-fee contract and obligated $104.8 million at the time of award, the Department of Defense said Wednesday...
