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...
Oshkosh‘s (NYSE: OSK) defense business will continue assisting the U.S. Army in its deployment of the Joint Light Tactical Vehicle Family of Vehicles as part of a $543.5 million contract modification. The award requires Oshkosh Defense to perform JLTV fielding support work at its Wisconsin location until July 31, 2024, the Department of Defens...
The $858 billion National Defense Authorization Act for fiscal year 2023 is now headed to the White House for President Joe Biden’s signature after the Senate voted 83-11 to pass the defense policy bill, The Hill reported Thursday. The NDAA reflects a $45 billion increase from the president’s budget request and seeks to authorize $817...
Boeing (NYSE: BA) has secured a $109.1 million contract modification from the Missile Defense Agency to continue the development and sustainment of the Ground-Based Midcourse Defense system against potential ballistic missile attacks. The recent award extends the performance period by 12 more months ending December 2024 and increases the value of th...
The government-focused subsidiary of global satellite operator SES has changed its name to SES Space & Defense as part of a rebranding effort that seeks to reflect its new strategy, structure and expanded capabilities meant to meet the needs of the Department of Defense and other U.S. government customers. The rebranding comes after SES Governme...
Kathleen Robinson manages an Intel team that partners with defense industrial base and systems integration entities serving the federal sector. In a recent Executive Spotlight interview, she offered her perspective on how the company is fostering a “partner-first approach” to support agency missions. “We’re building consistent go-to-market a...
The State Department has approved a pair of proposed agreements worth a combined $428 million to sell non-standard and standard military aircraft spare parts to the government of Taiwan. Taiwan’s economic and cultural representative office asked to procure accessories, spare parts and consumables for F-16, C-130 and other U.S.-manufactured air...
