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...
Anchorage, Alaska-based Defense Base Services has won a potential eight-year, $233 million from the U.S. Navy to provide base operating support services at Naval Air Station Fallon in Nevada. The Defense Department said Tuesday the service branch received two bids for the indefinite-delivery/indefinite-quantity contract via a competitive procur...
An Oshkosh (NYSE: OSK) subsidiary has received a $195 million order from the U.S. Army to supply 748 Joint Light Tactical Vehicles and 2,359 installed and packaged kits. Oshkosh Defense said Tuesday the award is the fifth order for JLTVs since the Army awarded the potential $6.7 billion JLTV production contract in 2015. The JLTV program is...
Lockheed Martin (NYSE: LMT) has received a $211.2 million contract modification from the U.S. Navy to procure non-recurring special tooling and test equipment needed for current and future production of F-35 aircraft. The Defense Department said Monday the modification combines purchases from the U.S. Air Force, Marine Corps, Navy, non-DoD...
Lockheed Martin (NYSE: LMT) has received a $218.7 million contract modification to sustain and perform logistics support for the F-35 Lightning II aircraft of the U.S. Navy, Air Force, Marine Corps, non-Defense Department participants and foreign military sales customers. DoD said Friday Lockheed will carry out ground maintenance; act...
Dan McCarron, formerly general manager of tiag‘s national security division, has been promoted to vice president for operations and national security at the Reston, Virginia-based management consulting and technology services provider. McCarron will oversee the national security division’s efforts to support customers in the intelli...
Leidos (NYSE: LDOS) has won a potential five-year, $102 million contract to perform systems engineering, software development and integration on a fire support command-and-control system for the U.S. Army. The company said Tuesday it will update the Army’s Advanced Field Artillery Tactical Data System to help optimize the platfo...
CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies...
The Pentagon™s most expensive F-35 fighter jet program is expected to become even more pricey as costs spike nearly 7 percent to $406.5 billion. There is at least $27 billion in overruns, according to a draft of the Selected Acquisition Report to be submitted this week to Congress obtained by Bloomberg. After years of declines, the...
