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Lockheed Martin (NYSE: LMT) has secured a $601.3M contract modification from the U.S. Navy to produce additional submarine-launched ballistic missile systems for the service branch and the U.K. The company will manufacture Trident II D5 missiles and support deployed systems through the sole-source contract, the Department of Defense said Thursd...

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in an opinion piece posted Thursday on The Hill that the Defense Production Act invoked by President Donald Trump serves as an “important tool” as the country seeks to come up with short- and medium-term responses...

Northrop Grumman (NYSE: NOC) has secured a potential $65.2M indefinite-delivery/indefinite-quantity contract from the U.S. Navy to provide systems and services to facilitate interoperability between a narrowband military communication satellite network and an ultra high frequency satcom gateway....