The U.S. Army has obligated $507M in fiscal 2021 aircraft procurement funds on a contract modification for the HH-60M and UH-60M variants of the Black Hawk helicopter being manufactured by Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary....
President Donald Trump has issued a new policy that outlines plans to advance U.S. interests in space, reaffirm the country’s leadership in the space domain and adapt the U.S. national security strategy to counter aggression in space. The National Space Policy “represents a whole-of-government approach that recognizes space as a national imperat...
Leidos (NYSE: LDOS) will continue to help the Federal Aviation Administration integrate and implement National Airspace System modernization programs under a follow-on contract worth potentially $1.76B over 10 years....
Lockheed Martin’s (NYSE: LMT) rotary mission systems business has received a three-year, $89.2M contract modification to produce an additional 35 automated systems for U.S. Navy avionics testing and validation....
AeroVironment (Nasdaq: AVAV) has agreed to acquire Germany-based ground robotics vehicle developer Telerob for approximately $45.4M in cash as part of efforts to expand its global footprint and portfolio of multidomain unmanned platforms. The transaction includes payment of Telerob’s debt valued at approximately $9.4M upon the deal’s closing and...
The U.S. Air Force and the Defense Innovation Unit have selected Google (Nasdaq: GOOGL) to provide a cloud environment to host the service branch’s immersive training devices for remotely deployed personnel....
The House on Tuesday voted 335-78 to pass a bill that would authorize $740.5B in fiscal year 2021 funds for the Department of Defense, The Wall Street Journal reported. The FY 2021 National Defense Authorization Act, named after Rep. Mac Thornberry, R-Texas, includes hazard pay for warfighters and directs the administration to send a comprehensive a...
AT&T (NYSE: T) has won a potential $92M contract to help the FBI access additional mobility services and increase the bureau's utilization of a nationwide broadband network the company built with the First Responder Network Authority. Stacy Schwartz, vice president of AT&T's FirstNet program, said the award serves as a testament to...
The Defense Information Systems Agency has issued the final request for proposals for the potential 10-year, $11.65B Defense Enclave Services information technology contract. Responses to the final solicitation are due Feb. 8 and DISA expects to award the single-award, indefinite-delivery/indefinite-quantity contract in the first quarter of FY 2022...
Mercury Systems (Nasdaq: MRCY) has agreed to purchase Torrance, California-based defense systems integrator Physical Optics Corp. for approximately $310M in cash to expand the former's global avionics and missions systems portfolio. Mark Aslett, president and CEO of Mercury, said the deal would expand platform and mission management content on ...
