Lockheed Gets $172M Navy Contract for F-35 Long-Lead Materials Procurement

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,

Deloitte Consulting will provide advanced manufacturing support and enterprisewide digital manufacturing data vault capabilities and services under a potential seven-year, $99.8 million other transaction production agreement with the U.S. Navy. The majority of the contract work will occur in Arlington, Virginia, through April 2031, the Department of Defense said Thursday. Under the single-award agreement, the

Modernization is a top priority for the Department of Defense, and many department-wide modernization initiatives are currently underway. Though these efforts have a broad reach across the organization, individual DOD components are supplementing them with tailored approaches to their own specific challenges. To address the unique demands of shifts in the maritime environment, the Department