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Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clear...

TYSONS CORNER, VA, July 14, 2017 ” BAE Systems has selected 14 companies to provide manufacturing materials and other components to support the production of three vessels under the Type 26 Global Combat Ship program in the U.K., ExecutiveBiz reported Thursday. The company said Wednesday the contracts to the chosen companies loca...

Two U.S B-1 Lancer bombers from Guam flew over the contested South China Sea Thursday, the U.S. Air Force confirmed Friday. The U.S. flyover asserts its “freedom of navigation” rights and challenges China’s claims to almost the whole waterway, Reuters reported. Chinese Foreign Ministry spokesman Geng Shuang said the country does no...

TYSONS CORNER, VA, July 5, 2017 ” L3 Technologies (NYSE: LLL) has secured $63.5 million in contracts from the U.S. Army to supply hardware and provide engineering technical services in support of Remotely Operated Video Enhanced Receiver technology, ExecutiveBiz reported Monday. The Defense Department said Friday the co...

Austal™s U.S. arm has received a potential five-year, $584.2 million contract to build a Littoral Combat Ship for the U.S. Navy. The fixed-price-incentive contract covers LCS class services and integrated data environment assistance and includes options for post-delivery availability support and construction of additional LCS vessels,...

https://www.youtube.com/watch?v=Xx5COz9loL0 Marines with 2nd Battalion, 1st Marine Regiment, 1st Marine Division, participate in a Marine Corps Combat Readiness Evaluation at Marine Corps Base Camp Pendleton, Calif., June 12, 2017. MCCREs are conducted to ensure unit standardization and combat readiness in preparation for operational deployments....

A General Dynamics (NYSE: GD) business unit has received a potential five-year, $244 million contract to provide training support services for the U.S. Navy™s Center for Surface Combat Systems. General Dynamics Information Technology will provide warfare training and curriculum development support for CSCS™ 15 learning areas...

Saudi Arabia and Lockheed Martin (NYSE: LMT) have closed on a $6 billion contract for the Bethesda, Maryland-based defense contractor to deliver four modified versions of Littoral Combat Ships, Bloomberg reported Friday. The deal for Multi-Mission Surface Combatant Ships comes as President Donald Trump heads to the Middle Eastern country as pa...