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Heidi Shyu, undersecretary for research and engineering at the Department of Defense and a previous Wash100 awardee, is scheduled to deliver an opening keynote speech at the Potomac Officers Club’s 8th Annual Defense Research and Development Summit on Jan. 19. She acts as the chief technology officer for DOD and oversees department-wide resear...

President Joe Biden on Monday signed into law a $770 billion defense policy bill for fiscal year 2022, Reuters reported. The FY 2022 National Defense Authorization Act reflects a 5 percent increase from the previous fiscal year’s defense policy measure and includes a 2.7 percent pay raise for service members and more naval ship and...

Lockheed Martin (NYSE: LMT) has received a $49.06 million U.S. Navy contract to design and develop an F-35 aircraft variant for an unnamed foreign military sales customer. The company will perform engineering work and other related efforts as part of the five-year project, the Department of Defense said Monday. Seventy-seven percent of contractor ac...

NowVertical Group has agreed to purchase Allegient Defense as part of efforts to further broaden its footprint in the U.S. public sector. Allegient Defense provides systems engineering and technical services in the areas of data analytics, cloud computing, artificial intelligence and autonomy, unmanned aerial vehicles, directed energy and next-gener...

The State Department has approved a potential $1.32 billion foreign military sale of shipboard launch and recovery equipment and support services to France for the country’s naval aircraft carrier program. The French government wants to procure one Electromagnetic Aircraft Launch System, one Advanced Arresting Gear, launcher and engine configu...

The State Department has cleared Australia’s request to procure Lockheed Martin-built (NYSE: LMT) Hellfire missile systems from the U.S. through a potential $108 million foreign military sales agreement. The proposed FMS transaction will cover the supply of up to 800 AGM-114R2 missiles and technical support for joint attack munition systems an...

The State Department has approved two foreign military sales agreements worth approximately $9.4 billion combined for frigate modernization support and four multimission surface combatant ships or future frigates that the government of Greece intends to procure. The FMS deal for four Hellenic Future Frigates is worth $6.9 billion and the transaction...

Sigma Defense Systems has won a five-year, $250 million contract from the General Services Administration to help the Department of Defense process and distribute sensor data across site-level installations. The company said Thursday it will assist DOD in efforts to install data centers and ground entry points and gateways used to collect data from ...

GovCon Wire Events hosted its Defense Acquisition Priorities Forum on Tuesday, during which prominent leaders in the public and private sectors spoke on the advanced technologies, areas of interest and urgent challenges impacting procurement and acquisition strategies within the Department of Defense as well as how industry can help drive innov...