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Office of Management and Budget and Department of Labor heads issued a joint memorandum to guide federal agencies following recommendations made by the White House Task Force on Worker Organizing and Empowerment to bolster contract labor and employment practices. The Jan. 10 memo from OMB Director Shalanda Young and DOL Secretary Martin Walsh emphas...

Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $853 million contract to help the U.S. Navy field and sustain the Aegis weapon system. The company’s rotary and mission systems business will provide engineering, software development, in-service maintenance, logistics, fielding and integration support for Aegis configurations del...

The U.S. Navy has awarded 14 companies spots on two contract modifications worth $419 million combined to provide maintenance, repair and modernization support services for littoral combat ships based in San Diego. Majority of the work will occur on the West Coast and the rest will be carried outside the continental U.S., including Singapore, throug...

After the government contracting industry experienced a surge in mergers and acquisitions a few years ago, the market has cooled in recent times. This is partly due to cautionary business behaviors in response to accelerated inflation. According to Howard Seeger, founder, managing partner and CEO of advisory firm Deep Water Point, in today’s lan...

BAE Systems has tapped Curtiss-Wright and the U.S. business arms of Elbit Systems and QinetiQ to collaborate on its bid for the U.S. Army’s next generation infantry fighting vehicle development program. BAE said Wednesday it submitted a proposal for the Optionally Manned Fighting Vehicle program of the service branch and will aim to put forwar...

ManTech has secured a $100 million indefinite-delivery/indefinite-quantity contract to perform engineering and technical support work for the Naval Air Warfare Center Aircraft Division to maintain the reliability of combat systems for training and live operations. The five-year award, won through a recompete, covers configuration management, researc...

BAE Systems’ land and armaments business will manufacture an additional 30 amphibious combat vehicles for the U.S. Marine Corps after the service branch exercised full-rate production contract options worth $153.7 million. The options are part of a modification that will also cover the costs of fielding and support services and will put the c...

Amentum has received a five-year, $126 million contract task order to perform research, development, test and evaluation work in support of the U.S. Army combat systems modernization efforts. The award covering RDT&E services was made under a contract vehicle managed by the Department of Defense Information Analysis Center, the company said Tues...