Pentagon

Lockheed Martin [LMT] has received a nearly $870 million award for long-lead items and parts for production Lot 20 of the company’s F-35, DoD said in a Friday contracts announcement. […]

The commercial sector’s employment of firm, fixed price contracts–notably the approach of SpaceX founder and Trump insider Elon Musk–looks to upset the apple cart of DoD acquisition come January, and […]

The Pentagon has fallen short passing its financial audit for the seventh consecutive year, while a lead official has said the department is showing progress on its goal to achieve […]

As the Pentagon looks ahead to continuing production ramp-up efforts heading into the next administration, the department’s acquisition chief said Wednesday industry should assess what it would take to get […]

President-elect Donald Trump announced on Tuesday evening he has selected Fox News host Pete Hegseth to serve as his defense secretary. Hegseth, an Army veteran, is a surprise pick that […]

The General Services Administration (GSA) on Aug. 27 sent a letter to former and current President-elect Trump at a P.O. Box in Arlington, Va.–a customary missive sent to all prospective […]

The Defense Innovation Unit (DIU) has personnel at combatant commands and other forward locations to aid in fielding front-line equipment requests, DIU Director Doug Beck said last Friday. “The whole […]

A top Palantir [PLTR] executive last week offered a sweeping set of recommendations—he calls them theses—for transforming the way the Defense Departments buys weapons and systems, and how U.S. industry […]

The Pentagon on Tuesday released the implementation plan for its first-ever National Defense Industrial Strategy (NDIS), detailing “concrete actions” to bolster the industrial base such as investments to ramp up […]

Avio USA, a subsidiary of Italy’s Avio S.p.A, is considering sites for Avio’s first solid rocket motor (SRM) plant in the United States. The company said that it has picked […]