
Raytheon (NYSE: RTN) has received a potential $349M cost-plus-incentive-fee contract to continue modernizing the Tomahawk cruise missile system as part of the U.S. Navy's rapid deployment capability efforts. The company will begin phase 2 of the Maritime Strike Tomahawk program after completing design, integration, test and evaluation effort...
Parsons (NYSE: PSN) has won a three-year, $139.1M contract to perform repair work on a runway at the Bucholz Army Airfield located on Kwajalein Atoll in the Marshall Islands. The U.S. Army Corps of Engineers received three bids for the project and obligated the full contract amount at the time of awards, the Department of Defense said Wednesday....
BAE Systems has secured a one-year, $202.4M contract from the U.S. Army to manufacture and deliver explosives and related parts at a military ammunition factory located in Kingsport, Tenn. The company will deliver the materials at Holston Army Ammunition Plant under the fixed-price-incentive contract, the Department of Defense said Wednesday....