The Department of State has approved a possible foreign military sale of 100 AGM-158B/B-2 Joint Air-to-Surface Standoff Missiles with Extended Range, or JASSM-ER, and related equipment to the government of Italy. The proposed transaction is valued at an estimated $301 million, with Lockheed Martin to serve as principal contractor, the Defense Securi...
IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable organizations to process, connect and govern data for applications and artificial intelligence agents. Discover cutting-edge use cases and engage with leaders dr...
The U.S. State Department has cleared two potential foreign military sales to Denmark totaling an estimated $3.73 billion for air-to-air missiles and an integrated air and missile defense capability. RTX is the principal contractor for the AIM-120C-8 Advanced Medium Range Air-to-Air Missiles sale, the Defense Security Cooperation Agency said F...
SAIC reported $1.87 billion in fiscal year 2026 third-quarter revenue, down 5.6 percent from the same period the previous year, and $2.2 billion in Q3 net bookings with a trailing 12 months book-to-bill ratio of 1.2. In an earnings statement published Thursday, the Reston, Virginia-based government technology services contractor said it ended the th...
Auria has named Chris Hassett as the new executive vice president and general manager of its commercial and public sector business unit. The company said Thursday that Hassett will guide strategy, customer engagement and operational execution across the business. Who Is Chris Hassett? Before joining Auria, Hassett served as senior executive director...
The General Services Administration has launched the second phase of the One Acquisition Solution for Integrated Services Plus, or OASIS+, contract program, adding five new service domains as part of its efforts to consolidate procurement. What Are the 5 New Service Domains of OASIS+? GSA said Thursday the five new service domains of OASIS+ under...
The Missile Defense Agency has awarded 1,014 companies positions on the new Scalable Homeland Innovative Enterprise Layered Defense contract, a potential 10-year, $151 billion vehicle for the Golden Dome multi-layer missile defense architecture. The first tranche of staggered awards establishes the competitive pool while the agency continues discuss...
The Navy has awarded Huntington Ingalls Industries a cost-plus-fixed-fee contract valued up to $471.9 million to provide engineering support for Nimitz-class and Gerald R. Ford-class aircraft carriers. What Work Will HII Provide Under the Navy Contract? The award covers engineering, technical and design work along with logistics, configuration and d...
The Army has awarded Boeing a $4.68 billion firm-fixed-price contract to procure new Apache AH-64E attack helicopters, Longbow crew trainers, and related parts and accessories. The award includes $2.29 billion in foreign military sales funding for Poland, Egypt and Kuwait, the Department of Defense said Tuesday. Work will take place in Mesa, Arizona...
The U.S. Navy has awarded HII multiple contract modifications totaling approximately $142.9 million to support the completion of Pre-Commissioning Unit John F. Kennedy (CVN 79), the second Gerald R. Ford-class aircraft carrier. What Are the Details of the PCU John F. Kennedy Contract Modifications? The Department of Defense said Friday the...
