Lockheed Martin (NYSE: LMT) has booked a potential $2.45 billion contract modification from the U.S. Army to produce guided air and missile defense systems.
The aerospace and defense contractor will manufacture the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles at its facility in Grand Prairie, Texas, through the end of December 2029, the Department of Defense said Friday.
Army Contracting Command is obligating the full contract amount using fiscal 2023 missile procurement and foreign military sales funds.
In September, Lockheed received a $273 million contract modification for PATRIOT Advanced Capability-3 missile production support.
The PAC-3 system comes with a hit-to-kill capability designed to protect ground forces and critical assets from cruise missiles, advanecd aircraft and tactical ballistic missiles.
Christopher George, a former Intel executive, has joined NVIDIA as VP of public sector after advising the government on AI…
Former Accenture managing director Mishelle Pedenko will lead growth efforts spanning Guidehouse's global health segment.
D-Fend CEO Zohar Halachmi remains in his position following the close of the $1.5 billion deal.
Former IBM technical delivery lead Graham Katz will direct data and AI work at MANTECH.
The single-award IDIQ carries a $20 million minimum guarantee and a five-year ordering period.
Oddball has named Paul Baumgartner VP of federal health to lead growth and expand partnerships with CMS, HHS and other…
Everforth ECS secured the original SUNet contract in 2019, followed by a modification two years later.
Maddux previously served as vice president of global supply chain at Mercury Systems.
Chainalysis has named Eric Trexler, former Palo Alto Networks public sector SVP, as COO to lead global go-to-market operations.
The satellite company will expand dual-use spacecraft platforms and constellation manufacturing following a Series C round.
Under the contract modification, Oracle will continue supporting EHR deployment, training and sustainment through 2031.
Will Cocos previously served as Vantor's chief transformation officer and started his career as a U.S. Navy SEAL officer.
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