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Six companies have received a $550M increase to potential value of orders under a multiple-award contract to sustain U.S. Navy littoral combat ships docked at various locations within and outside the continental U.S. This contract action raises the ceiling for five ordering periods on MAC Tier 1 from $250M to $800M, the Department of Defense s...

BAE Systems' San Diego Ship Repair business has won a potential $207.5M contract to modernize, repair and maintain a Wasp-class amphibious assault ship for the U.S. Navy. The company will perform these services as part of USS Boxer docking and selected restricted availability efforts, the Department of Defense said Friday....

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U...

BAE Systems' land and armaments business has secured a $339.1M contract modification to provide additional self-propelled howitzers and accompanying carrier ammunition tracked vehicles to the U.S. Army. The branch ordered 48 vehicle sets and associated support through the modification, the Department of Defense said Monday....

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday....

BAE Systems Inc. has secured a potential five-year, $188.2M contract to help a U.S. Navy organization engineer, integrate and test certain systems aboard surface combatant ships. The company said Monday it will support the service branch's Aegis Technical Representative organization in engineering, integration and test work on weapons an...