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Lockheed Martin (NYSE: LMT) has distributed $450M in accelerated contract payments it received from the Department of Defense to the Bethesda, Md.-based contractor's supply chain ahead of schedule. The company said Friday it also issued $85M in advance payments to small businesses and other suppliers operating throughout 46 U.S. states....

Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil gr...

The Defense Logistics Agency has awarded Intuitive Surgical (Nasdaq: ISRG) a potential five-year, $420M contract to provide surgical robots and related equipment to service branches and federal civilian agencies....