General Dynamics‘ (NYSE: GD) information technology business has won a 10-year, $95 million contract to provide consulting and oversight for regulatory processes at U.S. Army Medical Research and Development Command. The company will also provide contract research support to the under the hybrid contract, the Department of Defense said Wednesd...
Chief information officers (CIO) have in recent years spearheaded several new initiatives in both the private and public sectors. The COVID-19 Pandemic has exasperated CIOs’ need to increase the speed of change in the technology landscape. Modernizing cyber, artificial intelligence (AI), cloud, information technology (IT), data, and machine le...
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has secured a $610.5 million contract from the Missile Defense Agency to continue providing a range of support services for Saudi Arabia’s Terminal High Altitude Area Defense system to fulfill a foreign military sales requirement. Work under the THAAD FMS Phase II contract ...
The U.S. Army has awarded $577 million in contract modifications to Textronâs (NYSE: TXT) Bell subsidiary and a team of Boeing (NYSE: BA) and Lockheed Martinâs (NYSE: LMT) Sikorsky business to perform work on the second phase of the competitive demonstration and risk reduction effort for the Future Long Range Assault Aircraft program. Army Contr...
General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) have received separate firm-fixed-price contracts to manufacture cartridges for the U.S. Army’s 120mm Tank Training Ammunition program. The service branch awarded $65.3 million to General Dynamics’ ordnance and tactical systems unit and $54.5 million to Northrop’s Alliant...
Jerry McGinn, executive director of the Center for Government Contracting at George Mason Universityâs School of Business, wrote in a commentary published Tuesday on Defense News that the current administration should take a âsteady as she goesâ approach toward mergers and acquisitions in the aerospace and defense market by relying on the stre...
Raytheon Technologies (NYSE: RTX) has received a three-year, $130 million contract modification from the U.S. Navy to provide updated Rolling Airframe Missile rounds to the service branch and three foreign military sales customers. This award covers fiscal 2021 RAM Block 2 and 2A guided missiles, spare replacement parts and recertification ser...
The U.S. Army has reserved at least 100,000 doses of AstraZeneca’s AZD7442, a long-acting antibody product designed to prevent COVID-19 infection or treat the coronavirus disease, through a $204.9 million contract modification. The service branch obligated the full amount using its fiscal 2021 research, development, test and evaluation funds, ...
Greg Brundidge, vice president and business development executive for defense at Salesforce (NYSE: CRM), said the Department of Department needs a unified platform as it works to transform talent management and the experience for military and civilian employees. Brundidge discussed how a unified system like Salesforce Customer 360 could help DOD ove...
The innovative use of artificial intelligence (AI) has greatly advanced emerging technology that will dramatically change elements of the defense, security and intelligence apparatus across federal and industry sectors. AI will also play a crucial role on, near and above the future battlefields of our time. During Potomac Officers Clubâs 3rd...
