Lockheed Martin (NYSE:LMT) has received a potential $5.58 billion contract modification from the U.S. Navy for the low-rate initial production of lot 11 fiscal 2017 F-35 Lightning II aircraft. The modification covers the production of 48 F-35As for the U.S. Air Force, 18 F-35Bs for the U.S. Marine Corps and eight F-35Cs for USMC and t...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
United Technologies Corp.˜s (NYSE: UTX) Pratt & Whitney subsidiary has received a three-year, $339.6 million contract modification from the U.S. Navy to provide initial spares for the F-35 propulsion system. The Defense Department said Friday Pratt & Whitney will supply initial spare modules, parts and engines in support of th...
Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchase...
The former Air Force deputy chief of staff for intelligence, surveillance and reconnaissance Lt. Gen. David Deptula has a new report that offers the Defense Department suggestions as it writes a 25-year plan for unmanned aircraft. The U.S. military needs to overhaul the way it is buying and managing drones, says Deptula, who is now...
Weekly Roundup June 19 – June 23 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Although the phrase œSpace Race brings to mind the Cold War-era struggle between the United States and Soviet Union for supremacy in spaceflight capabilities, it may begin to develop ...
TYSONS CORNER, VA, June 20, 2017 ” Raytheon (NYSE: RTN) will perform repairs on the APS-137 radar system installed on the U.S. Air Force‘s P-3 Orion maritime patrol aircraft under a potential $17.8 million order, ExecutiveBiz reported Monday. The Defense Department said Friday the order is part of a previously awarded ...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup June 12 – June 16 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many agencies, companies, organizations and individuals were caught off-guard by the recent rise in cyber crime. Mali...
Raytheon (NYSE: RTN) has received an $82.8 million contract modification to produce AIM-9X Block II missile systems for the U.S. Navy and the U.S. Air Force as well as the governments of Poland, Indonesia, Romania and Belgium. The modification was awarded by the Navy and covers the full-rate production of 180 lot 1...
Weekly Roundup June 5 – June 9 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This past Wednesday, President Trump brought attention to his plan to overhaul the crumbling infrastructure of the U.S. During a speech in Cincinnati, Ohio, Trump called for bipartisan coope...
