Business/Financial

Lockheed Martin [LMT] yesterday said it received a contract valued at $44 million from the Latvian National Armed Forces for two long-range AN/TPS-77 transportable air surveillance radar systems and options […]

Lockheed Martin [LMT] yesterday rolled out the Marine Corps’ F-35B short takeoff/vertical landing variant of the Joint Strike Fighter, a little over a year since the first F-35 took its […]

By Ann Roosevelt The Army yesterday said that iRobot [IRBT] was awarded the $286 million indefinite-delivery/indefinite-quantity contract that could call for as many as 3,000 robots, spare parts, training and […]

The Pentagon yesterday awarded more than $2.6 billion to four companies for an additional 3,126 Mine Resistant Ambush Protected (MRAP) vehicles to be manufactured and completed by end of July […]

By Geoff Fein The Navy yesterday grounded 39 of its fleet of P-3C Orion aircraft due to structural fatigue concerns discovered during an ongoing evaluation of the aircraft, according to […]

By Ann Roosevelt L-3 Communications [LLL] yesterday filed a formal protest with the Government Accountability Office (GAO) challenging the Army’s award of a $4.6 billion contract for translators and linguists […]

By Calvin Biesecker As the Coast Guard continues to assume a greater systems integration role over its Deepwater modernization program, the contractor originally hired for the lead systems integration job […]

The Defense Security Cooperation Agency (DSCA) Dec. 17 notified Congress of a possible $147 million Foreign Military Sale to the United Kingdom of Mine Resistant Ambush Protected (MRAP) vehicles as […]

The Department of Homeland Security (DHS) last week issued grant guidance and application kits to help states prepare for the implementation of REAL ID compliant drivers’ licenses beginning May 11. […]

The Pentagon continues to award the overwhelming preponderance of its prime contracts, both in percentage and dollar terms, to domestic contractors, according to the latest report on the subject by […]