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Fifteen companies have landed spots on the unrestricted full-and-open track of a potential nine-year, $28 billion contract vehicle for technology research and development services to the Defense Department. DoD said Tuesday this group of contractors may vie for at least $15 million in task orders under Pool 1 of the Def...

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential $2.93 billion contract to design and build three missile warning satellites that would succeed the service’s current Space Based Infrared System. Lockheed’s space systems business will also analyze requirements, procure critical path flig...

The Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $302 million delivery order to obtain ancillary mission equipment for the 12th F-35 aircraft batch. The Defense Department said Friday the company will use the funds to procure low-rate initial production lot 12 aircraft equipment for...

TYSONS CORNER, VA, August 9, 2018 ” Todd Probert, vice president of mission support and modernization at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said a budget and acquisition framework focused on the use of commercial software development methods is needed to accelerate the delivery of defense capabilit...