The U.S. Navy awarded Lockheed Martin [LMT] a modification on Tuesday to exercise an option to build one FY 2019 Freedom-variant littoral combat ship (LCS), LCS-31. The contract announcement did not cite the specific award value because it “is considered source-selection sensitive information and ...

After the close of the stock markets on Monday, Science Applications International Corp. [SAIC] said it has completed its $2.5 billion stock acquisition of Engility, creating a $6.5 billion company with 23,000 employees focused technology integration and services. SAIC CEO Tony Moraco said in ...

The U.S. Army is set to award Boeing [BA] the first contract for low-rate production of the CH-47 Chinook Block II upgrade program. In a presolicitation posted Jan. 10 on the U.S. government’s contracting website, the Army says it plans to award an indefinite delivery/indefinite quantity contract ...