Business

Contract Briefs

Posted September 16, 2016 by

Defense Logistics Agency   Choctawhatchee Electric Cooperative Inc., De Funiak Springs, Fla., has been awarded a maximum $360,448,495 fixed-price with economic-price-adjustment contract for the ownership, operation, and maintenance of the electric distribution system at Eglin Air Force Base, Fla. This was a competitive acquisition with two responses received. This is a 50-year contract with no…

Full Story »

Business

U.S. trade court rules against Boeing in dispute with Canada

Posted January 29, 2018 by Paul Wiseman

Delivering a big defeat to Boeing, a U.S. trade panel ruled Jan. 26 that the U.S. aircraft giant was not harmed by competition from Canada’s Bombardier. The 4-0 decision by the independent International Trade Commission effectively blocks the Trump administration from slapping 292 percent tariffs on Bombardier. The Commerce Department ruled last year that the…

Full Story »

Business

General Dynamics receives $24 million for Ohio replacement sub development

Posted February 10, 2016 by

The U.S Navy has awarded General Dynamics Electric Boat a $23.6 million contract modification to continue development of the U.S. Navy’s Ohio Replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.  Under the terms of the modification, Electric Boat will perform air conditioning unit detail design, prototype unit manufacture and technical manual…

Full Story »

sikorsky
Business

Sikorsky continues customer support focus

Posted June 8, 2018 by

Sikorsky, a Lockheed Martin, announced June 7 the relocation and expansion of its Brazil-based forward stocking location at a ribbon cutting ceremony attended by local operator CEOs and Sikorsky officials. The strategic decision positions Sikorsky products closer to operators and further bolsters the company’s dedication to maximizing customers’ fleet availability. The new location in Barra…

Full Story »

NG-AEHF
Business

Industry team successfully tests low-cost terminal with on-orbit AEHF satellite

Posted August 23, 2017 by

REDONDO BEACH, Calif.–The industry-funded Low Cost Terminal was successfully tested this month with an on-orbit Advanced Extremely High Frequency satellite. This critical milestone demonstrates the ability of an affordable tactical terminal to connect with the DOD’s most highly assured protected communications network.  The industry development team is led by Northrop Grumman and Lockheed Martin. The…

Full Story »

Business

CC-130J Super Hercules delivers IRB commitments for Canada

Posted August 16, 2017 by

Lockheed Martin has successfully completed the Aircraft Capability – Tactical (ACP-T) Acquisition Industrial Regional Benefits (IRB) commitments valued at $1.4 billion associated with Canada’s purchase of 17 CC-130J Super Hercules aircraft in 2007.  Lockheed Martin completed its IRB commitments one year ahead of schedule and met all of its requirements within small and medium enterprises,…

Full Story »

lm-tacms
Business

Lockheed Martin delivers first modernized TACMS missile

Posted October 3, 2016 by

Lockheed Martin has manufactured and delivered the first modernized Tactical Missile System missile to the U.S. Army from its Camden, Arkansas, production facility. As part of the U.S. Army’s TACMS Service Life Extension Program inventory refurbishment effort, the modernized missile includes updated guidance electronics and added capability to defeat area targets without leaving behind unexploded…

Full Story »

Business

Lockheed Martin to transform how U.S. Army trains vehicle crews

Posted July 10, 2017 by

The U.S. Army has awarded Lockheed Martin a $288 million contract to modernize its live training program. As the prime contractor, Lockheed Martin will partner with Saab (Stockholm: SAABB) to provide a simplified training solution that combines multiple vehicle crew training systems into a single product line. Managed by the U.S. Army Program Executive Office…

Full Story »

boeing-trainer
Business

Boeing T-X completes first flight, validates design for Air Force requirements

Posted December 27, 2016 by

Boeing and partner Saab completed the first flight Dec. 20 of their all-new T-X aircraft, which is designed specifically for the U.S. Air Force’s training requirements.

Full Story »

Business

U.S. Army turns to Raytheon to support aircraft for foreign nations

Posted November 9, 2015 by

The U.S. Army Contracting Command awarded Raytheon an indefinite delivery/indefinite quantity (IDIQ) contract to provide communications systems, support and training for aircraft made available to foreign nations through the Foreign Military Sales process. The five-year contract has a ceiling value of $80 million.  “For more than 50 years, Raytheon has developed, delivered and supported tactical…

Full Story »


All of this week's top headlines to your email every Friday.