Tag: defense spending

$1.7T Bipartisan Spending Package Becomes LawGeneral News

$1.7T Bipartisan Spending Package Becomes Law

President Joe Biden on Thursday signed into law a $1.7 trillion omnibus spending bill to fund the federal government through
BAE Awarded $4.9B Contract to Build 5 More Frigates for UK NavyContract Awards

BAE Awarded $4.9B Contract to Build 5 More Frigates for UK Navy

British Prime Minister Rishi Sunak said the U.K. government awarded BAE Systems a $4.9 billion contract to construct five more
Lockheed, Boeing, Raytheon Named Top Fiscal 2021 Contract Recipients in DOD ReportContract Awards

Lockheed, Boeing, Raytheon Named Top Fiscal 2021 Contract Recipients in DOD Report

Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon Technologies (NYSE: RTX) received the most money through Department of Defense
GAO: Federal Government Recorded $637B in FY 2021 Contract ObligationsFinancial Reports

GAO: Federal Government Recorded $637B in FY 2021 Contract Obligations

A Government Accountability Office report shows that the federal government spent approximately $637.1 billion on contracts in fiscal year 2021
Poland to Buy Abrams Tanks Under $4.7B Deal With USContract Awards

Poland to Buy Abrams Tanks Under $4.7B Deal With US

Poland on Tuesday signed a potential $4.75 billion deal to buy 250 U.S.-made Abrams tanks as part of the Central
Legislators Ask Biden to Increase Defense Spending by 5% Above InflationIndustry News

Legislators Ask Biden to Increase Defense Spending by 5% Above Inflation

Forty Republican members of Congress have called on President Joe Biden to include in his fiscal year 2023 budget request
Defense Trade Groups Warn Over Lack of FY 2022 Spending DealIndustry News

Defense Trade Groups Warn Over Lack of FY 2022 Spending Deal

Some executives from defense trade associations are raising concerns over the potential impact of a full-year continuing resolution and the
Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending ReportContract Awards

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

A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE:
Senate Introduces $696B FY 2021 Defense Bill Under $1.4T Spending PackageNews

Senate Introduces $696B FY 2021 Defense Bill Under $1.4T Spending Package

The Senate on Tuesday proposed a $1.4T spending package that includes $696B in defense appropriations for fiscal year 2021, Defense News…
Leidos CEO Roger Krone Sees Momentum in 2020 After Series of Contract Wins, Acquisition DealsM&A Activity

Leidos CEO Roger Krone Sees Momentum in 2020 After Series of Contract Wins, Acquisition Deals

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a 2020 Wash100 award winner, said during an interview on CNBC’s…