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The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential $1.12 billion contract to build 16 F-16 Block 70 jets for Bahrain’s air force. Lockheed will receive $551,027,050 in foreign military sales funds at the time of award and perform work at the company’s facilities in South Carolina and Texas through Septe...

SpaceX has received a potential two-year, $130 million contract to bring into orbit a U.S. Air Force satellite. The firm-fixed-price contract covers launch vehicle manufacturing, spaceflight worthiness activities, integration and launch operations support for the Air Force Space Command-52 satellite, the Defense Department said Thursday. The service...

TYSONS CORNER, VA, June 19, 2018 ” The U.S. Air Force has awarded Johns Hopkins University Applied Physics Laboratory two indefinite-delivery/indefinite-quantity contracts worth $57.1 million combined to support research and development of computer software platforms, ExecutiveBiz reported Monday. Johns Hopkins APL aims to develop a t...

SRI International has received a potential six-year, $91.1 million contract to provide digital video laboratory support for U.S. Air Force test programs. The Menlo Park, Calif.-based nonprofit research institute will update the TerraSight mobile processing units through an $11,150 initial delivery order, the Defense Department said Friday....

Maureen Coyle, president of Kforce Government Solutions, has been promoted to CEO at the Fairfax, Va.-based management and technology services contractor in a move that takes effect July 1. She will succeed Pat Moneymaker, who has held the CEO position since 2014 and will continue to serve as chairman of KGS’ board of directors, the ...

Northrop Grumman (NYSE: NOC) has won a potential five-year, $866 million contract to help the U.S. Air Force sustain and modify three kinds of radar system. The company will support depot-level sustainment and modification of USAF’s Ballistic Missile Early Warning System, the Precision Acquisition Vehicle Entry Phased ...

Draken International has won a potential $280 million contract to provide “adversary” air aggressor services for the U.S. Air Force‘s combat air training efforts. The Defense Department said Friday Draken will deliver contractor-owned, contractor-operated tactical fighter jets designed for ADAIR, air-to-air tracking ...

General Atomics‘ aeronautical systems business has secured a potential six-year, $206 million contract to retrofit the latest variant of the U.S. Air Force‘s MQ-9 Reaper unmanned aerial vehicles. The Defense Department said Wednesday General Atomics Aeronautical Systems Inc. will update 122 MQ-9 Block 5 UAVs thro...

The State Department has approved Germany™s request to procure three Lockheed Martin-built (NYSE: LMT) C-130J-30 military transport aircraft and three KC-130J tanker planes from the U.S. government under a potential $1.4 billion foreign military sales agreement. Lockheed will serve as the prime contractor in the proposed deal that see...

The U.S. Air Force has awarded eight companies positions on a potential five-year, $300 million contract to support construction projects at various military bases. Forty-three offers were submitted to the 633d Contracting Squadron for the indefinite-delivery/indefinite-quantity contract via a competitive acquisition process, the Defe...