The Defense Logistics Agency has awarded Boeing (NYSE: BA) a $196.7 million delivery order to supply the U.S. Navy with additional F/A-18 Hornet spare parts. The Defense Department said Monday it expects Boeing to fulfill the order by Dec. 30, 2019 and the purchase will be financed with the Navy’s working capital funds in f...
TYSONS CORNER, VA, Oct. 18, 2016 ” The Defense Department has cleared the U.S. Air Force and prime contractor Raytheon (NYSE: RTN) to proceed with the GPS III Operational Control System program following certification by Pentagon acquisition chief Frank Kendall, ExecutiveBiz reported Monday. DoD News reported Friday Kendall certified the p...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $743.2 million modification under a previously awarded advance acquisition contract for the ninth batch of F-35 fighters. The Defense Department said Monday the modification allocates additional funds to address diminishing manufacturing and material shortages for redesign and development...
The U.S. Navy has awarded BAE Systems Inc., the British contractor™s U.S. subsidiary, a potential $618.3 million contract for the full-rate production of precision laser-guided rocket systems. The indefinite-delivery/indefinite-quantity contract covers the supply of FRP lots 5 to 7 Advanced Precision Kill Weapon System II rounds to the Navy, Ma...
Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
MacDonald, Dettwiler and Associates has appointed new board of directors and senior executives in support of the implementation of the company™s U.S. Access Plan strategy. Howard Lance, president and CEO of MDA, said in a statement released Monday the firm™s U.S. Access Plan seeks to pursue government contracts in order to provide informat...
The U.S. Army has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary two contract modifications worth a combined $187.1 million to provide UH-60M Black Hawk helicopters to Taiwan and Tunisia under foreign military sales agreements. One modification has a potential $148.7 million value and calls for...
The U.S. Navy has awarded a $43.4 million contract to Boeing (NYSE: BA) and a $43.6 million contract to Lockheed Martin (NYSE: LMT) to provide risk reduction measures for the military branch’s first carrier unmanned aerial vehicle program. Boeing and Lockheed will also refine concepts and develop trade space models to support re...
DRS Technologies has won a potential five-year, $339.3 million contract from the U.S. Army to support the military service’s Joint Effects Targeting System initiative. The Army Contracting Command received two offers for the firm-fixed-price contract and will determine performance location with each order, the Defense Department said...
Carestream Health has been awarded a potential 10-year, $150 million contract by the Defense Logistics Agency to supply picture archiving and communications system products to the four U.S. military branches. The Defense Department said Tuesday the company will provide digital imaging network PACS equipm...
