Tag Archives: contract obligation

Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report

FY 2019 defense spending by state report

A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. The list also includes General Dynamics (NYSE: GD), BAE Systems, Huntington Ingalls Industries (NYSE: HII), Humana (NYSE: HUM), L3 Technologies, which now operates as L3Harris Technologies (NYSE: LHX) after it merged with Harris, Raytheon and United Technologies Corp. Raytheon and UTC merged in April 2020 and the combined entity now runs as Raytheon Technologies (NYSE: RTX).

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Navy Launches Rolling Admissions for $50B SeaPort Next Generation IDIQ

US Navy

The U.S. Navy has issued a new solicitation to expand the current of pool of vendors competing for task orders under the potential 10-year, $50B SeaPort Next Generation contract vehicle for professional services. The service has launched a rolling admissions process for the SeaPort NxG indefinite-delivery/indefinite-quantity contract and will accept proposals from new companies through Feb. 12.

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BGOV: Federal Spending on Insider Threat Detection Tech Could Surpass $1B in FY 2020

insider threat

The federal insider threat technology market is expected to exceed $1B in fiscal year 2020 driven by agencies’ spending on cybersecurity tools and services designed to detect and monitor malicious behavior in data use and employee networks, Bloomberg Government reported Thursday.

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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