The Department of Defense’s arms sales grew by almost 50 percent in fiscal year 2022 due in large part to foreign military transactions in Asia and Central Europe, DOD News reported Wednesday. Data from the Defense Security Cooperation Agency showed an increase in sales from $34.81 billion in 2021 to approximately $52 billion last year....
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a $656.8 million modification under an U.S. Army contract for the production and delivery of UH-60M Black Hawk helicopters to Australia. The Australian government obligated the full amount of the award through the Department of Defense’s foreign military sales program, according t...
Don Graves, deputy secretary at the Department of Commerce, met with CEOs of nine space situational awareness companies to seek ideas on how industry could help build and implement a Traffic Coordination System for Space, Breaking Defense reported Wednesday. The free space traffic management service is one of the government’s initiatives outsi...
Lockheed Martin (NYSE: LMT) will perform non-recurring engineering work for an F-35 flight science test aircraft replacement project under a $320 million contract modification from Naval Air Systems Command. The company will engineer systems to support the production of F-35A, F-35B and F-35C jets intended for testing use by the Navy, Air Force, Mar...
Executive Mosaic, the government contracting sector’s leading media and events organization, is honored to announce the winners of the 2023 Wash100 Award in celebration of the award’s 10th anniversary. The Wash100 Award, GovCon’s most powerful accolade, annually honors the top 100 executives of consequence in the government contracting co...
Crucial for interoperability with international allies, mission partner environments are shared communications spaces that allow for ease of collaboration with aligned governments. Joint All Domain Command and Control is the U.S. Department of Defense’s initiative to achieve communications cross-functionality between all of the country’s deploye...
5G paved the way for groundbreaking developments and advancements in communications networks over the past few years. Now, with the emergence of 6G and NextG, organizations across the public and private sectors are harnessing the power of spectrum to propel the country into a new era of networking. GovCon Wire spoke with Todd Martin, president ...
Microsoft (Nasdaq: MSFT) has agreed to make a multiyear, multibillion dollar investment in OpenAI, creator of artificial intelligence chatbot ChatGPT, to support the latter’s independent AI research and development efforts and enable both companies to commercialize new AI platforms. “We formed our partnership with OpenAI around a shared ambition...
The commercialization of space has skyrocketed in recent years; the ubiquity of launch, the proliferation of commercial satellites in space and the rise of military activity in the domain has simultaneously accelerated space innovation and increased competition across the globe. For the U.S. government, industry’s growing footprint in space is unl...
Kay and Associates has secured a one-year, $116 million modification to a previously awarded U.S. Navy contract to operate and maintain Kuwait’s fleet of F/A-18 aircraft. The company will perform organizational and intermediate-level maintenance, operation and management support services for the multirole fighter jets as part of the cost-plus-...
