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Boeing (NYSE: BA) has secured $7.13 billion in additional funds to continue to help sustain the U.S. Air Force‘s fleet of C-17 Globemaster III military transport aircraft under a contract modification. The Defense Department said Monday the modification raises the ceiling value of a previously awarded indefinite-delivery/indefinite-q...

Booz Allen Hamilton (NYSE: BAH) has won a potential five-year, $91.5 million contract to advise and assist the Missile Defense Agency on the cybersecurity management and computer network defense of the Ballistic Missile Defense System. The Defense Department said Tuesday Booz Allen will help MDA acquire, manage and operate information tech...

A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring ...

Robert Work, former deputy secretary at the Defense Department and a 27-year U.S. Marine Corps veteran, has been elected to the board of directors at Raytheon (NYSE: RTN). “Bob is well known in both the public and private sectors for his significant expertise in global security matters, most especially in the areas of defense strategy, ad...

The U.S. Special Operations Command has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $8 billion contract to continue providing logistics support services to the country’s special operations forces. The Defense Department said Friday the company will also support program and enterprise management functions for USSOCOM’s pro...

Northrop Grumman (NYSE: NOC) and Aurora Flight Sciences have won positions on a potential eight-year, $499 million contract from the U.S. Air Force to research, develop and demonstrate aerospace vehicle systems designed to deliver weapons, cargo and other payloads to warfighters. The Air Force Research Laboratory received six proposals for the indef...

  Weekly Roundup August 07 – August 11 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson At the tail-end of May the Department of Defense released its FY 2018 budget request, while the Comptroller of the Department of Defense published the Defense Budget Overview, a succi...

KeyLogic Systems has purchased Morgantown, West Virginia-based forensics and identity management services provider CrossResolve for an undisclosed sum in a push to expand the former™s biometrics service offerings. KeyLogic said Wednesday it plans to leverage CrossResolve™s relationships and contracts in support of federal agencies suc...