Tag Archives: Defense Department

Raytheon‘s (NYSE: RTN) missile systems business has landed a potential $315 million  contract to provide Griffin missiles to the U.S. Special Operations Command along with product upgrade, operations and sustainment services. SOCOM will use fiscal 2018 research, development, testing and evaluation funds to cover the contract’s minimum value and obligate additional funds with …

TYSONS CORNER, VA, June 29, 2018 — Lockheed Martin’s (NYSE: LMT) Joint Air-to-Ground Missile has received a “milestone C” decision from the Defense Department’s defense acquisition board, allowing the company to commence the low-rate initial production of the weapon system, ExecutiveBiz reported Thursday. The company said Wednesday the board granted …

Science Applications International Corp. (NYSE: SAIC) has won a potential five-year, $196.5 million contract to help the U.S. Navy sustain integrated tactical networks ashore and afloat. The contract contains a $116.2 million base value over a three-year period that runs through June 27, 2021, and a two-year option that could extend work …

TYSONS CORNER, VA, June 28, 2018 — Raytheon (NYSE: RTN) will build a prototype naval platform for the U.S. Navy‘s Low Cost UAV Swarming Technology program under a potential $29.7 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday it selected the company for the development of the LOCUST “innovative naval prototype” …

The U.S. Air Force has awarded a $476.9 million contract to Superior Forge and Steel Corp. and a $419.6 million contract to A. Finkl & Sons Co. to manufacture BLU-137/B penetrator warheads. Both indefinite-delivery/indefinite-quantity contracts cover a guaranteed production of 300 warhead bodies during the first year of work and four-year options for up …

A BAE Systems business unit has received a $224.3 million delivery order modification from the U.S. Navy to provide additional laser-guided rockets to domestic and foreign military sales customers. BAE’s information and electronic systems integration will build 10,185 more Advanced Precision Kill Weapon Systems II under lot 7 full-rate production, the Defense …

TYSONS CORNER, VA, June 27, 2018 — A subsidiary of Chenega will provide security and access control services in support of the Missile Defense Agency under a potential $44.9 million contract that runs through July 2023, ExecutiveBiz reported Monday. The Defense Department said June 20 Chantilly, Va.-based Chenega Infinity will help secure MDA enterprise support …

TYSONS CORNER, VA, June 21, 2018 — The Potomac Officers Club — a division of Executive Mosaic — will be hosting the The Future of Algorithmic Warfare Forum on July 24 at 2941 Restaurant in Falls Church, Va. Lt. Gen. John N.T. “Jack” Shanahan, Director for Defense Intelligence (Warfighter Support) at the Office …

Lockheed Martin (NYSE: LMT) has received a potential $84 million contract to provide operation and maintenance support for Aegis development and test sites. Lockheed’s rotary and mission systems business will deliver configuration management, related equipment and supplies, technical engineering, quality and information assurance services for Aegis test sites under the …

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential $1.12 billion contract to build 16 F-16 Block 70 jets for Bahrain’s air force. Lockheed will receive $551,027,050 in foreign military sales funds at the time of award and perform work at the company’s facilities in South Carolina and Texas through …