A bipartisan group of legislators on Wednesday introduced a new bill to provide $25 billion in funds to help recapitalize public and private shipyards supporting the Navy. The Supplying Help to Infrastructure in Ports, Yards, and America’s Repair Docks (SHIPYARD) Act of 2021 would provide $21 ...

Amazon Web Services’ [AMZN] legal challenge of the potential $10 billion Joint Enterprise Defense Infrastructure (JEDI) cloud contract can move forward after a federal court denied motions from the Department of Justice and Microsoft [MSFT] to dismiss the claim.  AWS noted the decision will ...

Lockheed Martin [LMT] has received a new $214.7 million order from the Army to upgrade and restore 40 more Multiple Launch Rocket System (MLRS) M270 launchers.  The latest deal follows an initial $362 million order to restore 50 decommissioned launchers in 2019 and $226 million in 2020 for 44 ...

The Coast Guard this week expects to award Eastern Shipbuilding Group a contract to begin production of the third Offshore Patrol Cutter (OPC) and long-lead time materials for the fourth vessel, and construction of the first ship remains on track for deliver in late 2022, Adm. Karl Schultz, the ...

The Navy selected Martin UAV and its V-BAT for a vertical take-off and landing unmanned aircraft system (UAS) prototyping effort as a result of the Mi2 Challenge concluding this month. Originally, 13 companies responded to the Navy’s Mi2 Challenge, which the service down-selected to two vendors ...

Boeing [BA] on Wednesday reported lower losses in its first quarter amid signs of a recovery in commercial aerospace and the company’s defense business posted strong results, largely driven by the KC-46A aerial refueling aircraft for the Air Force. “While the global pandemic continues to ...