Tag Archives: Defense Department

Leonardo DRS Secures $250M Army Tactical Terminal Replacement Contract

Leonardo DRS

Leonardo DRS has been awarded a five-year, $250M contract to replace the U.S. Army's satellite communications terminals designed for tactical users. The contractor will help the Army replace the terminals that are set for decommissioning in fiscal year 2025, the Department of Defense said Wednesday.

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James Taiclet: Lockheed’s Accelerated DoD Progress Payments to Suppliers Hit $1.1B

James Taiclet President and CEO Lockheed Martin

James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company has accelerated more than $1.1B in progress payments it has received from the Department of Defense to its suppliers to support the defense industrial base and national security efforts during the COVID-19 pandemic.

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Rep. Adam Smith Proposes $3.6B in FY 2021 Funds for Indo-Pacific Reassurance Initiative

Adam Smith HASC Chairman D-Wash

House Armed Services Committee Chairman Adam Smith (D-Wash.) introduced Thursday his proposal for the fiscal year 2021 National Defense Authorization Act that would earmark $3.6B in funds for the Indo-Pacific Reassurance Initiative as part of efforts to counter China, Defense News reported Friday.

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Six Firms Win Spots on $975M SOCOM UAS ISR Contract

SOCOM

U.S. Special Operations Command has awarded six companies positions on a potential $975M indefinite-delivery/indefinite-quantity contract to provide intelligence, surveillance and reconnaissance services with mid-endurance unmanned aircraft systems.

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Ty Schieber: CMMC to Use DoD Information Network to Store Contractors’ Audit Data

Ty Schieber Board Chairman CMMC

Ty Schieber, board chairman of the accreditation body for the Pentagon’s Cybersecurity Maturity Model Certification program, said certification and audit data of contractors seeking accreditation under CMMC will be hosted on the Department of Defense Information Network, Nextgov reported Tuesday.

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