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...
TYSONS CORNER, VA, Jan. 23, 2018 ” An L3 Technologies (NYSE: LLL) business unit will look into technologies that work to facilitate cooperative munitions engagement in environments with degraded communications as part of a $9 million U.S. Air Force contract, ExecutiveBiz reported Monday. The Defense Department said Friday L3 Communica...
Ken Rice, former capture manager at healthcare services contractor StrategicHealthSolutions, has been named federal account representative at information technology services provider HumanTouch. Rice brings more than 19 years of contract and program management experience in the public and private sectors to his new position, the company said Friday....
TYSONS CORNER, VA, Jan. 22, 2018 ” Raytheon (NYSE: RTN) has entered into an agreement with Department 13 International for the joint development and sale of counter-drone technologies for defense customers, ExecutiveBiz reported Jan. 8. D13 said Jan. 8 the teaming deal initially focuses on business opportunities for its Mesmer counter...
The State Department has approved Belgium™s request to buy 34 Lockheed Martin-built (NYSE: LMT) F-35A conventional take-off and landing fighter aircraft from the U.S. government under a potential $6.53 billion foreign military sales agreement. Lockheed and United Technologies Corp.™s (NYSE: UTX) Pratt & Whitney subsidiary will ser...
An L3 Technologies (NYSE: LLL) subsidiary and two small businesses have won contracts to support post-service life extension and post-shakedown availability efforts for the U.S. Navy‘s fleet of landing craft air cushion boats. The Defense Department said Friday the service branch will award up to $37.9 million in cont...
Subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have received contract modifications worth a combined $237.7 million to maintain, repair and update surface combatants that are visiting or stationed at a U.S. Navy base in San Diego. The Defense Department said Friday the modifications exerci...
Huntington Ingalls Industries (NYSE: HII) has received a two-year, $125.1 million contract modification to help the U.S. Navy repair and restore an Arleigh Burke-class destroyer ship that sustained damage from a collision incident last year. The Defense Department said Friday HII™s Ingalls Shipbuilding division will maintain, update and pe...
