Latest News Mentioning Department of Defense

Advanced Search
Showing 1-10 of 9687

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...

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...

South Korea has requested to purchase CH-47F Chinook helicopters, and related equipment from the U.S. government under a $1.5 billion foreign military sales agreement approved by the State Department.  Boeing (NYSE: BA) will serve as the principal contractor on the possible transaction that includes 18 CH-47F helicopters, 42 T55-GA-714A engines...

The State Department has approved Poland’s request to buy from the U.S. government M1A1 Abrams main battle tanks, other vehicles and related equipment through a potential $3.75 billion foreign military sales agreement. The Defense Security Cooperation Agency said Tuesday there will be 12 prime contractors on the proposed FMS transaction, which inc...

Estonia has closed a $200 million deal to purchase six M142 High Mobility Artillery Rocket System launchers, manufactured by Lockheed Martin (NYSE: LMT), along with associated equipment and support services from the U.S. government. The Estonian defense investment agency said deliveries of the systems are scheduled to begin in 2024 under the contrac...

L3Harris Technologies (NYSE: LHX), Mercury Systems (Nasdaq: MRCY) and Pacific Defense have won cash prizes from the U.S. Army as the three finalists of a competition aimed to drive technological innovations that can facilitate the convergence of warfighting platforms. All three companies presented prototypes for improving the C4ISR/Electronic Warfar...