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Tag: congress

Senate OKs $858B Defense Authorization Bill for FY 2023General News

Senate OKs $858B Defense Authorization Bill for FY 2023

The $858 billion National Defense Authorization Act for fiscal year 2023 is now headed to the White House for President
Raytheon, Lockheed Named Prime Contractors in Potential $380M Stinger Missile Sale to FinlandContract Awards

Raytheon, Lockheed Named Prime Contractors in Potential $380M Stinger Missile Sale to Finland

Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a
State Department OKs Potential $1B Sale of Integrated Small UAS Defeat System to QatarContract Awards

State Department OKs Potential $1B Sale of Integrated Small UAS Defeat System to Qatar

The State Department has approved Qatar’s request to purchase a suite of systems designed to recognize and mitigate drone threats,
Treasury Secretary Janet Yellen Calls for Better Oversight of Cryptocurrency MarketsNews

Treasury Secretary Janet Yellen Calls for Better Oversight of Cryptocurrency Markets

Treasury Secretary Janet Yellen said the recent collapse of a major cryptocurrency exchange highlights the need for better oversight of
State Department OKs Potential $385M Sale of Raytheon-Built Joint Standoff Weapons to OmanContract Awards

State Department OKs Potential $385M Sale of Raytheon-Built Joint Standoff Weapons to Oman

The State Department has approved Oman’s request to buy from the U.S. government up to 48 AGM-154C Joint Standoff Weapon
President Biden OKs 11-Week Government Funding ExtensionNews

President Biden OKs 11-Week Government Funding Extension

President Joe Biden approved a stopgap bill Friday to keep U.S. government operations funded at the existing level through Dec.
Kuwait to Buy M1A2K Tank Operational & Training Munitions Under $250M FMS DealContract Awards

Kuwait to Buy M1A2K Tank Operational & Training Munitions Under $250M FMS Deal

The State Department has approved Kuwait’s request to purchase operational and training ammunition for M1A2K tanks, related equipment and services
William LaPlante: Pentagon Prepares New Contract Pricing GuidanceIndustry News

William LaPlante: Pentagon Prepares New Contract Pricing Guidance

The Department of Defense is working to finalize guidance meant to provide its contracting officials more flexibility when it comes
Army Looks to Industry to Fill Capability Gaps in Software Acquisition Reform & Department-Wide ModernizationEvents

Army Looks to Industry to Fill Capability Gaps in Software Acquisition Reform & Department-Wide Modernization

In the U.S. Army’s pursuit of bold, enterprise-wide modernization, the service’s leaders are increasingly focusing on software acquisition reform and
DSCA Lists 4 Principal Contractors for State Department-Cleared Ground C2 Equipment Sale to MoroccoC4ISR

DSCA Lists 4 Principal Contractors for State Department-Cleared Ground C2 Equipment Sale to Morocco

The Defense Security Cooperation Agency has listed four prime contractors for a potential $141.1 million foreign military sale of ground