The State Department has cleared Australia’s request to procure from the U.S. government two dozen military transport aircraft built by Lockheed Martin (NYSE: LMT) and related equipment under a potential $6.35 billion foreign military sales deal. The Australian government asked to buy 24 C-130J-30, the stretch variant of Lockheed’s Hercu...
Amazon’s (Nasdaq: AMZN) cloud computing business and Project Kuiper, Microsoft (Nasdaq: MSFT) and SpiderOak Mission Systems have received contracts for the second phase of a Defense Innovation Unit project that seeks to demonstrate a hybrid architecture that would connect ground communications systems to satellite networks. The Hybrid Space Archit...
Parsons (NYSE: PSN) saw its third quarter revenue for fiscal year 2022 jump 19 percent to $1.13 billion and attributed the sales growth to ramp-up of contract work and increased hiring activity. The Centreville, Virginia-based contractor said Wednesday it posted $1.3 billion in Q3 2022 net bookings with a book-to-bill ratio of 1.1x and ended...
The State Department approved a potential $535 million foreign military sales request from Finland for guided multiple launch rocket systems and supporting equipment. Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will serve as the prime contractor for the proposed sale, the Defense Security Cooperation Agency said Wednesday....
Dan Fermon, interim chief operating officer at Firefly Aerospace since May, has been appointed to the COO position on a full-time basis. He will continue to oversee a range of business operations at the Texas-based space transportation company including the production of the Alpha rocket for future launch missions and the establishment of the Propul...
KeyLogic Systems, an information technology company in West Virginia, has won a Department of Energy contract worth nearly $100 million to provide strategic analysis support services to the National Energy Technology Laboratory. DOE announced the award of the cost-plus-award-fee contract in a notice posted Wednesday on SAM.gov. Work covers sup...
LMI President and CEO Doug Wagoner was recognized with the 2022 Technology Good Scout Award during an annual luncheon event hosted by the National Capital Area Council of the Boy Scouts of America at the Tysons Corner Marriott hotel on Wednesday. Doug Wagoner (center) with his daughter, Lydia Wagoner (left) and wife, Raelene Wagoner (right)...
Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus and Leonardo will advance to the next phase of an estimated $1.15 billion acquisition program to replace the U.K. air force’s Puma HC.2 medium support helicopter platform, Breaking Defense reported Wednesday. A British defense ministry spokesperson said the agency intends to ask all four c...
Cadmus has acquired Wheelhouse Group for an undisclosed sum as part of efforts to expand its presence in the federal market and broaden its offerings across the areas of organizational change management, workforce transformation, stakeholder engagement and communications and enterprise optimization. Beth McDonald, co-founder and president of Wheelho...
The Department of Homeland Security is seeking industry comments on its draft synopsis and vendor selection criteria for a follow-on architectural engineering services contract vehicle with a potential ceiling value of $1 billion over 10 years. General architect-engineer services under the multiple-award indefinite-deliver/indefinite-quantity contra...
