:

Business/Financial

Lockheed Martin Nabs $800 Million Australian Defense IT Contract

By Cal Biesecker

Wednesday, September 10th, 2014

SHARE:

Lockheed Martin [LMT] said on Wednesday it has received a contract worth about $800 million from the Australian Department of Defence for a major data center consolidation effort. The company said that the award to its Australia-based company, Lockheed Martin Australia, further solidifies its position as a top information technology (IT) service provider to international customers while supporting its strategy of international expansion. “In Australia we’re developing an increasingly strong footprint in our information systems business,” Sondra Barbour, Lockheed Martin’s…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]