A Lockheed Martin (NYSE: LMT) spacecraft launched aboard NASA’s Space Launch System rocket early Wednesday in the start of the agency’s program to land humans again on the lunar surface. The uncrewed Orion separated from the SLS upper stage at a speed of 22,600 mph two hours after liftoff at the Kennedy Space Center in...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus and Leonardo will advance to the next phase of an estimated $1.15 billion acquisition program to replace the U.K. air force’s Puma HC.2 medium support helicopter platform, Breaking Defense reported Wednesday. A British defense ministry spokesperson said the agency intends to ask all four c...
Steve Parker, vice president and general manager of bomber and fighter programs at Boeing’s (NYSE: BA) defense, space and security business, has been promoted to chief operating officer of the BDS division, Reuters reported Tuesday. A spokesperson for Boeing confirmed the promotion of Parker, who will report to BDS President and CEO Ted Colbert. T...
The U.S. Space Force plans to solicit industry offers to develop two Mobile User Objective System spacecraft in early 2023 as part of efforts to extend the life of the MUOS satellite constellation, C4ISRNET reported Friday. Barbara Baker, deputy program executive officer for Space Systems Command’s military satellite communications and positioning...
Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon Technologies (NYSE: RTX) received the most money through Department of Defense contracts during the government’s 2021 fiscal year, according to data from the Pentagon’s Office of Local Defense Community Cooperation. The “Fiscal Year 2021 Defense Spending by State” report...
The U.S. Air Force has issued a request for proposals as it plans to award a modification to exercise the Phase II option on a previously awarded contract for sustainment services in support of the military branch’s fleet of C-17 Globemaster III military transport aircraft. The Phase II option of the indefinite-delivery/indefinite-quantity c...
An AAR‘ (NYSE: AIR) government services subsidiary and Boeing (NYSE: BA) have received contract modifications worth a combined $199 million to respectively maintain P-8A planes and engines for the U.S. Navy, Australia and other unnamed international clients. AAR (NYSE: AIR) Government Services and Boeing (NYSE: BA) will deliver ...
Fourteen companies have won spots on a five-year, $1.89 billion contract to supply initial spare parts for the KC‐46 aerial refueling fleets of the U.S. Air Force and international military customers. The competition for individual delivery orders under the indefinite‐delivery/indefinite‐quantity contract will begin after the service branch is...
The Department of Defense continues to issue accelerated payments meant to help defense contractors withstand the impact of the COVID-19 pandemic even after the White House declared the health crisis over, Bloomberg reported Monday. In March 2020, DOD issued a memo that increases the progress payment rates for large businesses from 80 percent to 90...
