The Naval Sea Systems Command (NAVSEA) on Sep. 18 awarded two fixed-price firm target modifications to Lockheed Martin [LMT] and Austal USA for one and two FY 2018 Littoral Combat Ships (LCSs), respectively. The Navy said it would not release the contract values because it may release a ...

The State Department this week approved a possible $501 million Foreign Military Sale (FMS) of 64 Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles to South Korea. The Defense Security Cooperation Agency (DSCA) notified Congress of the sale on Sep. 13. The Korean ...

Huntsville, Ala. — The head of the Missile Defense Agency (MDA) this week broadly outlined how he sees a future missile defense space sensor layer could work on the heels of increased Congressional attention to improving U.S. missile defense sensors and their ability to help detect hypersonic ...

A Navy official said Tuesday the delay in the Next Generation Enterprise Network Re-compete (NGEN-R) is allowing the service to develop the acquisition documents in a way more akin to how software is developed in industry. Capt. Don Harder, deputy program executive officer for the Program Executive ...

During 16 years of war, no enemy ambush or roadside bomb has more gravely injured the U.S. military than the law that has since 2011 threatened to slash its budget, Defense Secretary Jim Mattis told the House Armed Services Committee (HASC) on June 12. “For all the heartache caused by the loss of ...

Mercury Systems, Inc. [MRCY] announced on Monday that it has acquired Delta Microwave, LLC for $40.5 million in cash. The acquisition, subject to net working capital and net debt adjustments, is expected to be treated as an asset sale for tax purposes, Mercury said. Delta is a designer and ...