Lockheed Martin’s (NYSE: LMT) rotary and mission systems business a five-year, $147.6M contract modification to provide vertical launching system components to the U.S. Navy and international military clients....
RER Solutions has secured a $300 million contract to help the Small Business Administration to determine small business loan recipients during the COVID-19 pandemic, Bloomberg Government reported Wednesday. The CARES Act federal stimulus package includes $349 billion in loans for smaller companies impacted by the coronavirus crisis and its eco...
Lockheed Martin (NYSE: LMT) has secured a potential 10-year, $519.1M foreign military sales contract from the U.S. Navy to develop a fire control loop and a solid-state S-band radar processing group for Spanish warships equipped with the Aegis combat system....
The Department of Defense has awarded contracts worth $133M combined to 3M (NYSE: MMM), O&M Halyward and Honeywell (NYSE: HON) to increase local production of N95 masks by over 39M in the next three months as part of the Defense Production Act Title 3 COVID-19 project....
IBM (NYSE: IBM) and Fenergo have entered into an original equipment manufacturing agreement to collaborate on offerings that can help clients address the multitude of financial risks they face, IBM announced on Tuesday....
Boeing (NYSE: BA) has announced senior leadership and organizational changes, effective May 1. The company said Tuesday the changes are part of efforts to streamline senior leadership responsibilities, advance cross-company integration, align enterprise services to today’s business conditions and prepare for the post-pandemic industry environment....
AMERGINT Technologies Holdings has agreed to acquire the space-based precision optics business of Raytheon Technologies (NYSE: RTX) for an undisclosed sum. The Danbury, Conn.-based space-based optics business is part of Raytheon Technologies’ Collins Aerospace subsidiary and provides precision electro-optical systems for defense and national secu...
Ten companies have been awarded modifications worth $586M combined under a multiple-award U.S. Army contract supporting the coronavirus-related presidential national emergency declaration. The modification pushes the ceiling value of the original contract to $1.66B, the Department of Defense said Friday....
Huntington Ingalls Industries (NYSE: HII) will perform planning yard services for the U.S. Navy's in-service littoral combat ships under a contract modification worth nearly $108M over two years....
A team of General Electric (NYSE: GE) and Ford (NYSE: G) has been awarded a Defense Production Act contract worth potentially $336M to produce ventilators for the Department of Health and Human Services....
