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A Lockheed Martin (NYSE: LMT) subsidiary has won a potential $942.8 million contract to build and deliver two laser weapon test units to the U.S. Navy under increment 1 of the High Energy Laser with Integrated Optical-dazzler and Surveillance program. The Defense Department said Friday the Naval Sea Systems Command received four proposals for the...

TYSONS CORNER, VA, Jan. 26, 2018 ” Northrop Grumman (NYSE: NOC) will provide engineering services in support of the U.S. Army‘s Hunter unmanned aircraft systems under a $12.5 million contract modification from the service branch, ExecutiveBiz reported Thursday. The Defense Department said Wednesday Northrop’s technical services...

Lockheed Martin‘s (NYSE: LMT) Australian business has received a potential $565.7 million contract for design, construction and integration services to Australia’s Future Submarine Combat System program. Christopher Pyne, Australian minister for defense industry, said in a statement published Thursday that contract’s performance pe...

Raytheon (NYSE:RTN) has received a potential $92 million contract to engineer and provide technical support for Stinger air defense systems of the U.S. Army, Taiwan and Poland. The Defense Department said Thursday it expects the company to complete work under the combined domestic and foreign military sales contract by Dec. ...

Lockheed Martin (NYSE: LMT) has asked the Defense Department to reimburse $212 million in restructuring costs associated with its $9 billion purchase of Sikorsky Aircraft in 2015 on the grounds that the Bethesda, Maryland-based defense contractor has been delivering $8 in savings for every dollar spent through the acquisition, Bloomberg reported Wed...

Leidos (NYSE: LDOS) has received a potential $75.1 million contract to extend the company’s contingency operations support for a system meant to aid U.S. Army intelligence, surveillance and reconnaissance missions. The Defense Department said Tuesday that Leidos will continue to support the Army’s Night Eagl...

Boeing (NYSE: BA) has secured a one-year, $150 million contract to provide engineering support for the U.S. Air Force‘s commercial derivative aircraft platforms. The award represents option one under an indefinite-delivery/indefinite-quantity contract and work will take place in various U.S. locations through January 2019, the D...