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The Defense Threat Reduction Agency has issued a request for proposals for a potential 10-year, $4 billion contract to research, develop, test and evaluate scientific and technological platforms meant to help the Department of Defense counter and deter weapons of mass destruction. The Combating Weapons of Mass Destruction program is a multiple-award...

Semiconductor company Broadcom (Nasdaq: AVGO) has agreed to acquire multicloud services provider VMware (NYSE: VMW) in a cash-and-stock transaction valued at approximately $61 billion as part of Broadcom’s strategy to establish a leading infrastructure technology company. The boards of directors of both companies unanimously approved the deal that...

The U.S. Army has awarded two separate firm-fixed-price contracts to Northrop Grumman (NYSE: NOC) and General Dynamics‘ (NYSE: GD) ordnance and tactical systems business for the procurement of 120 mm tank training rounds. The ammunition will be supplied to the service branch through Sept. 30, 2026, under a $66.7 million contract with Northrop ...

The State Department has approved Egypt’s request to procure Boeing-built (NYSE: BA) Chinook helicopters and associated equipment from the U.S. government under a potential $2.6 billion transaction. The Defense Security Cooperation Agency said Thursday the proposed foreign military sale includes 23 CH-47F cargo aircraft units along with machin...

Tim Phelps, former vice president and corporate controller of DCS, has transitioned to new roles as chief financial officer and treasurer at the Arlington Virginia-based professional services contractor. He replaces Tom Fradette, who retired as CFO and treasurer after a 14-year career at DCS, the employee-owned company said Thursday. Phelps has mana...

Brandi Smith, a two-decade shipbuilding industry veteran, has been promoted to vice president of the Columbia-class program at HII’s (NYSE: HII) Newport News Shipbuilding division. Smith, who serves as construction program director for the Columbia-class submarine, will assume her new position on June 1 and succeed Charles Southall, who will retir...

The State Department has approved the request of the Australian government to procure high mobility artillery rocket systems and related launcher equipment for approximately $385 million under the Foreign Military Sales program. The potential transaction includes 20 M142 HIMARS, 30 M30A2 guided multiple launch rocket systems, 10 M57 Army tactical mi...