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The U.S. Air Force has selected 12 companies to support construction projects at Wright-Patterson AF Base in Ohio under a $247M indefinite-delivery/indefinite-quantity contract. The branch received 21 offers for the multiple-award IDIQ and is obligating $2,500 each to the winning contractors at the time of award, the Department of Defense said Wedne...

Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2020 Wash100 Award winner, will join the board of directors of JPMorgan Chase (NYSE: JPM) on Dec. 7....

Eli Lilly and Co. (NYSE: LLY) has received a potential $375M contract from the departments of Defense and Health and Human Services to initially supply 300K doses of bamlanivimab, an investigational monoclonal antibody drug for COVID-19....

Lucy Donahue, a more than 20-year federal health care procurement industry leader, has been promoted to chief strategy officer of By Light Professional IT Services in a string of executive appointments aimed at furthering the company’s strategic growth efforts in the information technology industry in support of government and industry clients....

The State Department has approved a potential $2.4B sale of Harpoon missile systems and equipment to the Taipei Economic and Cultural Representative Office in the U.S. to support the Taiwanese government’s defense modernization efforts....

Advanced Micro Devices (Nasdaq: AMD) has agreed to acquire Xilinx (Nasdaq: XLNX) in an all-stock deal worth approximately $35B as part of AMD’s efforts to expand its data center business and portfolio of technology products. The boards of directors of the two companies unanimously cleared the transaction, which is expected to be completed by the e...