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Tag Archives: featured

Lockheed Receives $172M Lot 11 F-35 Contract Modification

Lockheed Martin (NYSE: LMT) has received a $171.7 million U.S. Navy contract modification for the low-rate initial production of lot 11 F-35 aircraft. The award covers diminishing manufacturing sources redesign efforts for the air system and work will occur through January 2024 in Fort Worth, Texas, the Defense Department said Tuesday. DoD …

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Raytheon Gets $96M Air Force Decoy Missile Order

Raytheon (NYSE: RTN) has received a $96.1 million contract to produce 250 Miniature Air-Launched Decoy missiles for the U.S. Air Force. The company said Tuesday that it will manufacture the MALD-J jamming variant of the missile that works to electronically stimulate and neutralize enemy air defense systems. Mike Jarrett, vice president of …

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ICF to Support USAID Public Health Surveillance Project Under Potential $120M Task Order

The U.S. Agency for International Development has awarded ICF (Nasdaq: ICFI) a potential five-year, $120 million task order to help USAID’s Bureau for Global Health develop infectious disease surveillance measures for lower and middle-income countries. ICF said Monday it will assist developing countries in efforts to modernize national diagnostic networks, laboratory systems and disease-monitoring …

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ES3, UDRI to Engineer Air Force Landing Systems Under $96M IDIQ Contract

The U.S. Air Force has selected Engineering and Software System Solutions and the University of Dayton Research Institute to provide a variety of landing systems engineering services under a potential 11-year, $96 million contract. ES3 and UDRI will help the service branch ensure mission safety and manage maintainability, system life cycle costs, operational performance …

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VMware’s Matthew Schneider: Agencies Should Make Apps Independent of Physical Infrastructure

Matthew Schneider, senior director of government, education and healthcare at VMware (NYSE: VMW), has said agencies seeking to modernize their information technology infrastructure should know more about the security and behavior of their applications and eliminate apps’ reliance on the physical infrastructure. “When an application is independent of the infrastructure, agencies have the …

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Carlyle Group’s US Buyout Fund Secures $18.5B Capital

The Carlyle Group (Nasdaq: CG) has raised $18.5 billion for its latest fund that invests in U.S. companies in defense and government services and aerospace industries. The private equity firm said Monday the amount of capital raised for the Carlyle Partners VII fund surpassed the $15 billion target, reflecting a 42 percent increase …

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Booz Allen Awarded $885M US Government Machine Learning Support Order

Booz Allen Hamilton (NYSE: BAH) has received a potential five-year, $885 million contract to help the U.S. Government Program Office build and integrate an open systems architecture for enterprise machine learning analytics and persistent services. The company said Monday it aims to deliver an eMAPS platform for the USG Program Office, Defense Department associates …

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Northrop Reports 10% Rise in Q2 2018 Sales; Wes Bush Comments

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog …

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23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQ

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through July 2023. Contractors …

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Five Companies Win Spots on $74M Navy Health Mgmt, Logistics Support IDIQ

The U.S. Navy has awarded five companies positions on a potential five-year, $74.5 million contract to provide policy development and decision-making support in the areas of health management, logistics and operations. The Defense Department said Monday contractors will vie for task orders to help manage programs within the Readiness and …

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