THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Qualtrics Expects Valuation of $14B From IPO Qualtrics, an experience management platform developer acquired by SAP (NYSE: SAP) in 2018, filed with the Securities and Exchange Commission for its planned initial public offering and will trade on Nasdaq using the ticker symbol …
Read More »Moderna to Produce Additional COVID-19 Vaccines Under $2B Army Contract Modification
Moderna has received a six-month, $1.97B contract modification from the U.S. Army to manufacture 100M more doses of the company's messenger RNA vaccine against the novel coronavirus.
Read More »General Dynamics Unit Gets $4B Army Contract to Produce Modern Battle Tanks
General Dynamics' (NYSE: GD) land systems unit has won a $4.62B contract to provide the U.S. Army a set of new Abrams M1A2 battle tanks in the most modern configuration. The company will deliver Abrams units with System Enhancement Package Version 3 through June 17, 2028, the Department of Defense said Friday.
Read More »Honeywell Gets $1B Army Contract Modification for Main Battle Tank Engine Support
Honeywell International (NYSE: HON) will support automotive gas turbine engines that power the U.S. Army's M1 Abrams main battle tanks under a $1.1B contract modification. Army Contracting Command expects the company to finish work on the Automotive Gas Turbine 1500 engine contract modification by Sept. 30, 2025, the Department of Defense said Thursday.
Read More »Army Places $911M Order for Oshkosh JLTVs
The defense segment of Oshkosh (NYSE: OSK) has received a $911 million order from the Army Contracting Command for 2,738 Joint Light Tactical Vehicles, 1,001 companion trailers and associated kits.
Read More »Army Exercises $888M in Oshkosh JLTV Production Contract Options
Oshkosh's (NYSE: OSK) defense segment has received contract options worth $888.4M from the U.S. Army to manufacture additional Joint Light Tactical Vehicle vehicles, trailers and kits. Army Contracting Command issued the modification to exercise options for the supply of 2,679 vehicles, 6,725 kits and 1,001 trailers to military customers, the Department of Defense said Monday.
Read More »General Atomics Wins $93M Contract Army Contract to Develop AI-Based UAS Sensor Tech
A General Atomics affiliate has won a potential $93.3M contract from the U.S. Army to conduct research, development, test and evaluation of artificial intelligence-based sensor technology for potential use in unmanned aerial systems.
Read More »XPER Wins $229M Army Contract for Tactical Vehicle Protection Kits
XPER, formerly called Ibis Tek, has secured a potential $229M contract to supply protection equipment for the U.S. Army's family of heavy tactical vehicles.
Read More »General Dynamics Awarded $1.2B to Build Army’s Short-Range Air Defense System
A business unit of General Dynamics (NYSE: GD) has secured a potential five-year, $1.22B contract from the U.S. Army to manufacture and test systems that are designed to destroy, neutralize or deter low-altitude aerial threats. General Dynamics Land Systems will provide interim Maneuver Short-Range Air Defense systems to the military service, the Department of Defense said Wednesday.
Read More »Scale AI Gets Potential $91M Army Contract to Support Annotated Dataset Dev’t Effort
Scale AI has received a potential $90.8M contract from the U.S. Army to conduct research and come up with scientific approaches to support a foundational methodology that could help the Department of Defense facilitate initiatives to experiment and develop annotated datasets for machine learning and artificial intelligence.
Read More »