Tag Archives: contract option

Lockheed Martin (NYSE: LMT) secured a $511M contract option to produce the 13th and 14th spacecraft for the GPS III Follow-On communication satellite program managed by the Space and Missile Systems Center, SpaceNews reported Thursday.

Boeing (NYSE: BA) will continue to help the U.S. Air Force maintain the service branch's E-4B aircraft fleet under a one-year, $196.5M contract option.

Boeing's (NYSE: BA) joint venture with Textron's (NYSE: TXT) Bell subsidiary will provide engineering and logistics support for U.S. and Japanese V-22 Osprey military tiltrotors under a one-year, $188.6M contract modification from the Defense Logistics Agency.

The U.S. Space Force has awarded Aerospace Corp. a one-year, $1.11B contract option to engineer and integrate systems for the national space community.

Raytheon Technologies' (NYSE: RTX) Pratt & Whitney subsidiary has received a $174.2M contract modification to manufacture 14 propulsion systems for the U.S. Air Force's F-35A conventional takeoff and landing aircraft.

The Defense Logistics Agency has awarded BAE Systems a five-year, $1.12B contract option to provide consumable and repairable components for various weapon systems.

BWX Technologies’ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received contract options worth $128M combined to continue to produce fuel in support of the U.S. Naval Nuclear Propulsion Program.

Lockheed Martin's (NYSE: LMT) aeronautics business segment has received a potential 13-year, $7B contract modification to continue sustainment work on the U.S. Air Force’s fleet of F-22 Raptor jets.

Boeing (NYSE: BA) has secured a five-year, $835.7M contract option from the Defense Logistics Agency to deliver consumable items for multiple U.S. military aviation platforms.

Northrop Grumman (NYSE: NOC) has secured a $92.9M modification under the Systems Engineering, Management and Sustainment III contract to continue supporting the U.S. Air Force's weather-related missions. The Department of Defense said Tuesday the modification would bring the potential ceiling value of the indefinite-delivery/indefinite-quantity contract to $392.9M and add six months to the ordering period.