Tom Arseneault, president and CEO of BAE Systems Inc., said the U.S. business is well positioned to benefit from the U.S. defense budget increase and support the Golden Dome missile defense shield project. DOD’s FY 2026 Budget Request In late June, senior Department of Defense officials and military leaders released DOD’s proposed $961.6...
Lockheed Martin has received two U.S. Navy contracts worth $165 million combined to provide long-lead materials and software development support for the F-35 fighter jet program. Join the Potomac Officers Club’s 2025 Navy Summit on Aug. 26, and listen to experts as they discuss the latest tech capabilities, contracting opportunities, policies ...
General Dynamics Information Technology landed a $98 million contract modification from the Defense Information Systems Agency to continue providing acquisition, integration, installation, operations and maintenance services for communications systems supporting the U.S. Air Forces Central Command, or USAFCENT, deployed missions. Communications...
By Payam Pourkhomami, President & CEO of OSIbeyond The Cybersecurity Maturity Model Certification program is a fundamental shift in how the Department of Defense approaches supply chain security. Once the 48 CFR rule of the Defense Federal Acquisition Regulation Supplement is amended to add CMMC requirements to DOD contracts, contractors across ...
Iridium Communications saw its fiscal 2025 second-quarter revenue climb 8 percent to $216.9 million and reported $121.3 million in Q2 operational EBITDA, or earnings before interest, taxes, depreciation and amortization, reflecting a 6 percent year-over-year increase from the prior-year period. In an earnings release published Thursday, the McLean, ...
The Department of State has cleared Bulgaria’s request to purchase Naval Strike Missile Coastal Defense System and related equipment for $620 million, with Kongsberg Defence & Aerospace as the principal contractor. The potential foreign military sale includes three Link-16 Multifunctional Information Distribution System-Joint Tactical Radi...
ASRC Builders-Caddell has secured a $290.3 million contract from the U.S. Army to construct the Joint Integrated Test and Training Center at Joint Base Elmendorf-Richardson in Alaska. The U.S. Army Corps of Engineers has obligated $110.9 million in fiscal year 2025 military construction funds at the time of the award, the Department of Defense said...
The Defense Logistics Agency has awarded Stryker Sales a five-year, $450 million contract modification to supply patient monitoring systems and capital equipment to the U.S. military. The Department of Defense said Monday the contract action exercises the five-year option period of a potential 10-year contract awarded in 2020 to support the Army, Ai...
The Department of State has approved Norway’s $2.6 billion Foreign Military Sale request for HH-60W helicopters and related equipment, with Sikorsky Aircraft as the principal contractor. Under the proposed sale, Norway could purchase up to nine HH-60W helicopters, 22 T-700-GE-401 turboshaft engines, 21 Embedded GPS/Inertial Navigation Systems,...
Lockheed Martin’s Sikorsky subsidiary has received two Defense Logistics Agency contracts worth $419.5 million combined to provide spare parts and support services for H-60 and H-53 helicopters. Helicopter Spare Parts Contract Details The Department of Defense said Thursday the firm-fixed-price contracts have a five-year base term and an optio...
