The Department of Defense is looking beyond large, traditional contractors and setting its sights on startup companies to keep up with China’s advancement in military technology, the Wall Street Journal reported Sunday. Some industry watchers expressed support for DOD’s move, but they said the department should fortify strategies, includ...
Lockheed Martin’s (NYSE: LMT) space business has received a potential $474.2 million contract modification to manufacture submarine-launched fleet ballistic missiles for the U.S. Navy. The award exercised options under an existing contract for the production of Trident II D5 missiles and delivery of related deployed systems services and supports a...
General Dynamics’ (NYSE: GD) information technology business has received a potential 12-year, $1.79 billion contract from the U.S. Army to provide flight simulation training support services. Army Contracting Command solicited offers and received one bid for the firm-fixed-price contract, the Department of Defense said Thursday. The service b...
The Department of Defense plans to explore the potential behind generative artificial intelligence during an upcoming AI conference in June, following a wave of commercial developments in the area. Maynard Holliday, deputy chief technology officer for critical technologies within the Office of the Under Secretary of Defense for Research and Engineer...
Executive Mosaic is pleased to include Wes Anderson, vice president of defense at Microsoft, in the 2023 edition of the Wash100 Award in recognition of his efforts to drive the utilization of augmented and virtual reality, cloud and artificial intelligence technologies in support of armed forces. The award marks the third time Anderson was selected...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will engineer H-53 heavy-lift transport helicopters for the U.S. Navy, Marine Corps and foreign military sales customers as part of a five-year, $120 million contract. The indefinite-delivery/indefinite-quantity award includes logistics and modification installation support for the H-53 platfor...
Nine companies hold spots on a U.S. Air Force indefinite-delivery/indefinite-quantity contract worth $360 million over nine years to carry out construction projects at Barksdale AF Base in Louisiana. The 2nd Contracting Squadron received 21 bids for the multiple-award, indefinite-delivery/indefinite-quantity contract via a competitive acquisition pr...
Arlington Capital Partners has introduced Eqlipse Technologies as the private equity firm’s new portfolio company to support national security sector customers in cyber, signals intelligence engineering, research and development, digital operations and identity management areas. ACP said Tuesday its latest platform will develop analytics techn...
Lockheed Martin (NYSE: LMT) has booked a $99.9 million contract modification to help the U.S. Navy and foreign military sales customers sustain a key component of the Tomahawk Weapons System. The company will continue to provide maintenance and management support to tactical Tomahawk weapons control system operators, the Department of Defense said M...
Boeing (NYSE: BA) has received a potential $1.9 billion contract modification from the U.S. Army to produce 184 AH-64E Apache combat helicopters for the service branch and international customers, including Australia. The company said Friday the award brings the contract’s total funded value to $2.1 billion and could increase to more than $3.8 bil...
