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Japan-based Mitsubishi Heavy Industries is negotiating with BAE Systems the terms of a potential contract, where Mitsubishi Heavy would supply components for Lockheed Martin‘s (NYSE: LMT) F-35 aircraft, Reuters reported Monday. Tim Kelly writes the progress of that agreement depends on the decision of Japan’s government on whether to sub...

The Defense Department is working to allocate its budget and focus on eight key information technology initiatives, the Washington Post reported Sunday. Deniece Peterson, director of research at Deltek, writes DoD wants the IT programs to reduce costs in an environment of changing regulations, budgets and workforces.. Peterson highlighted areas such...

The Defense Department agency responsible for the U.S. foreign military sales program intends to name a contractor for a potential $600 million training and arms sales agreement with Libya through a competition. Libya intends to develop and train a general purpose force for protecting the country’s infrastructure and to maintain peace and secu...

Leidos (NYSE: LDOS) has won a potential five-year,  $62, 480, 000 contract to help the U.S. Air Force carry out quality review work on an operational planning and analysis network modernization program for U.S. Strategic Command. The 55th Contracting Squadron at Offutt Air Force Base, Neb. received three offers for the indefinite-delivery/indef...

Raytheon Co. (NYSE: RTN) and Israeli state-owned company Rafael Advanced Defense Systems are planning to co-develop an air defense system that is already used in Israel for the U.S. Army and allied forces, Defense News reported Thursday. Barbara Opall-Rome writes Rafael and Raytheon also want to jointly build Stunner interceptors, originally built f...

General Electric‘s (NYSE: GE) intelligent platforms business unit has won a computing system order from the U.S. Air Force Research Laboratory’s Information Directorate for neuromorphic architectures. The high-performance embedded computing technology will be built to process high-bandwidth data from radio frequency sensors using NVIDIA...

The Defense Department is seeking proposals to maintain its electronic health record system through 2018 under a contract that could be worth between $250 million to $1 billion, Nextgov reported Thursday. Bob Brewin writes the Defense Health Agency launched the procurement process for the contract intended to sustain the Armed Forces Health Longitud...

Boeing (NYSE: BA) has been awarded a $750 million contract to perform engineering work on weapon systems for the U.S. Air Force‘s fleet of B-1 Lancer supersonic bombers. The first delivery order under the firm-fixed-price, cost-plus-fixed-fee, cost-plus-incentive-fee, time and material, indefinite-delivery/indefinite-quantity contract is wort...

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has been awarded a $171, 961, 941 contract action by the U.S. Navy for dry-docking maintenance work on the USS Carter Hall. The Navy is obligating $104, 155, 547 in fiscal year 2014 operations and maintenance funds at the time of award and $123, 702, 226 in contract funds will expire...

L-3 Communications (NYSE: LLL) has purchased radar sensor builder Mustang Technology Group L.P. for an undisclosed amount in an effort to grow technology and service offerings and expand customer base. Mustang has been renamed L-3 Mustang Technology and its technologies and customers are a part of L-3’s precision engagement business within the el...