Tag Archives: contract modification

Lockheed Martin (NYSE: LMT) has received a $735.7 million modification to an advance acquisition contract that funds equipment and efforts necessary to build lot 13 F-35 low-rate initial production units for the U.S Air Force, Navy and Marine Corps. The modification allocates $74.7 million for long-lead time materials, parts, components and support …

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has received a potential three-year, $2 billion contract modification from the U.S. Navy to produce the 11th batch of F135 engines for all three variants of the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II aircraft. Pratt & Whitney said Thursday it will …

Raytheon (NYSE: RTN) will produce an additional 100 Tomahawk Block IV cruise missile systems for the U.S. Navy under a $143.3 million contract modification. The Navy exercised an option under a previously awarded contract for the company to manufacture lot 15 all-up-round missiles, the Defense Department said Friday. Work will occur through August …

The U.S. Army has awarded seven companies a two-year, $870 million modification to an indefinite-delivery/indefinite-quantity contract vehicle for general purpose computers. Contractors will perform task orders under the Army Desktop and Mobile Computing-2 contract modification through April 23, 2020, the Defense Department said Friday. ADMC-2 covers commercial off-the-shelf desktops, notebooks, …

Lockheed Martin (NYSE: LMT) has received a $116.9 million U.S. Army contract modification to provide Modernized Laser Range Finder Designators for integration into the Dutch military’s AH-64 Apache helicopter. The company will perform work at its Orlando, Florida, facility through Aug. 31, 2020, the Defense Department said Thursday. The Army obligated the modification’s full value at the …

Boeing (NYSE: BA) has received a $311.8 million ceiling increase modification under a U.S. Air Force contract for the production of Joint Direct Attack Munition tail kits. The company will supply the military service with JDAM inertial guidance kits designed to increase bomb accuracy through global positioning system-based guidance updates, the  Defense Department said Monday. Boeing’s …

TYSONS CORNER, VA, April 2, 2018 — General Dynamics’ (NYSE: GD) land systems business has received a one-year, $61.2 million contract modification to provide technical support for the U.S. Army’s Abrams battle tank systems, ExecutiveBiz reported Thursday. The Defense Department said Wednesday work under the contract modification, which is funded via …

Lockheed Martin‘s (NYSE: LMT) space systems business has landed contract options worth $522.3 million from the U.S. Navy to produce Trident II D2 missiles and support deployed systems. The Navy will obligate the modification’s full value at the time of award from its fiscal year 2018 “other” procurement; weapons procurement; and …

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a potential $1.46 billion modification under a U.S. Navy advance acquisition contract for the low-rate initial production of F-35 air systems. The modification funds long-lead material and parts Lockheed will need to manufacture 145 lot 13 aircraft for the U.S. military services, …

Raytheon (NYSE: RTN) has received a $73 million contract modification from the Federal Aviation Administration to update a computer system that works to help air traffic controllers manage airspace. The company said Tuesday it will conduct the first technical refresh of FAA’s Standard Terminal Automation Replacement System in an effort to facilitate …