Halimah Najieb-Locke, a deputy assistant secretary at the Department of Defense, and other antitrust officials have expressed concerns over the impact of mergers and acquisitions among defense contractors on the industrial base’s ability to boost arms manufacturing and replenish supply amid demands in support of Ukraine, The Wall Street Journa...
Lockheed Martin (NYSE: LMT) and the Department of Defense’s F-35 Joint Program Office have reached a $30 billion agreement for the company to manufacture and deliver up to 398 fighter jets for the U.S. military and international customers. The deal covers the production of 145 lot 15 F-35s and 127 lot 16 jets and includes...
Atlantic Diving Supply will provide the U.S. Air Force with airfield damage repair equipment under a five-year, $150 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract. The procurement is aimed at modernizing the service branch’s capabilities supporting rapid repair of damaged airfield pavements, the Department of Defen...
The U.S. Transportation Command has raised the value of the Global Heavyweight Service program with the award of $67.2 million in contract modification to 22 cargo service providers. Contractors will handle domestic and international shipments of heavyweight items in support of defense and other government agencies as well as their industry partners...
Gilbane‘s federal business has won a $118.4 million contract to build the structural foundation of a new U.S. Air Force radar station to be installed in the Republic of Palau. Under the firm-fixed-price contract, Gilbane Federal will establish reinforced concrete pads and other foundational elements needed to set up the Tactical Mobile Over-th...
The Missile Defense Agency is set to award Lockheed Martin (NYSE: LMT) a five-year, $527.7 million contract to support the development of an Aegis weapon system intended to protect Guam from potential missile attacks. Lockheed’s rotary and mission systems business will equip the agency’s planned Aegis Guam System with integrated ai...
The U.S. Air Force has awarded General Electric (NYSE: GE) a potential $203 million undefinitized contract action for technology maturation and risk reduction support and a $99.5 million contract to back research and development work on adaptive engine components. GE will mature adaptive engine components and mitigate associated risks related to the...
Boeing (NYSE: BA) will deliver CH-47F advanced multi-mission helicopters to the U.S. Army under a three-year, $497 million contract. Army Contracting Command received one bid via the internet and will determine work locations and funding with each order of the firm-fixed-price contract, the Department of Defense said Friday. The service branch...
Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) and ERAPSCO, a joint venture between Ultra Electronics and Sparton, $222.5 million in combined firm-fixed-price contract modifications to supply additional sonobuoys to the U.S. Navy. Lockheed and ERAPSCO will compete for individual orders to produce and deliver up to 36,000 units of ...
The Department of Defense’s Washington Headquarters Services is soliciting comments and recommendations as it plans to award an other transaction agreement to an organization to create and oversee a consortium that will help DOD accelerate access to commercial technologies. The WHS acquisition directorate expects the industrial base policy consort...
