The U.S. Army awarded the defense arm of Oshkosh (NYSE: OSK) a $141 million firm-fixed-price contract to manufacture A2 medium tactical trucks and trailers. Contract work is projected to be completed by Nov. 30, 2024, and will be funded on a per-order basis, the Department of Defense said Friday. The service branch uses the Oshkosh...
Science Applications International Corp. (NYSE: SAIC) has received a pair of bridge contracts worth $189 million combined from the Defense Logistics Agency to deliver supplies necessary for the U.S. military to maintain, repair and operate facilities. The two contract extensions have a firm-fixed-price, indefinite-delivery/indefinite-quantity contra...
Six companies have landed spots on a potential three-year, $45 million contract to help the Defense Logistics Agency deliver medical cargo to government mission locations outside the continental U.S. DLA solicited offers to the indefinite-delivery/indefinite-quantity contract for medical freight transportation services among participants in the Depa...
The Department of Defense plans to add requirements to National Security Space Launch program contracts in a move to address Chinese and Russian interference, The Wall Street Journal reported Tuesday. In a briefing to potential vendors of the upcoming contracting round, DOD said the next generation of rockets designed for launching spy satellites sh...
Canada will provide Ukraine with a medium-range air defense system Raytheon Technologies (NYSE: RTX) will build under an approximately $302 million purchase deal between the North American country and the U.S. The National Advanced Surface-to-Air Missile System donation is the latest in Canada’s military assistance to Ukraine and marks the fir...
Oshkosh‘s (NYSE: OSK) defense business will manufacture hundreds of main hull structures for the Israeli defense forces’ Eitan armored personnel carrier fleet under a contract worth more than $100 million. Israel’s defense ministry expects the delivery of initial hulls to occur within an 18-month period to support the production of...
Halimah Najieb-Locke, a deputy assistant secretary at the Department of Defense, and other antitrust officials have expressed concerns over the impact of mergers and acquisitions among defense contractors on the industrial base’s ability to boost arms manufacturing and replenish supply amid demands in support of Ukraine, The Wall Street Journa...
The State Department has approved Taiwan’s request to buy Volcano anti-tank munition-laying systems mounted on M977A4 heavy expanded mobility tactical trucks, related equipment and services through a potential $180 million foreign military sales agreement with the U.S. government. Northrop Grumman (NYSE: NOC) and Oshkosh (NYSE: OSK) will serve as ...
The Missile Defense Agency is set to award Lockheed Martin (NYSE: LMT) a five-year, $527.7 million contract to support the development of an Aegis weapon system intended to protect Guam from potential missile attacks. Lockheed’s rotary and mission systems business will equip the agency’s planned Aegis Guam System with integrated ai...
Joe Kehoe, vice president and defense market leader of Maximus, was featured in a recent Executive Spotlight interview published Monday. He discussed how Maximus has positioned its defense business in line with the Department of Defense’s priorities, the company’s efforts to ensure long-term success for its workforce and the most critical ch...
