Search

NATO Defense Spending Pledge Puts Brakes On Global Decline In Military Funding

BRUSSELS – The pledge NATO member countries made to spend 2 percent of their gross domestic products on defense is largely symbolic and has served more to arrest the alliance-wide drop in military funding since the Cold War, according to a senior Pentagon official.“The Wales pledge, in fact, has helped us stop the drop in defense spending,” the official said. “As small as that sounds, it is actually huge…It’s starting to tick up. It’s not every nation but most of…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Contract Updates

UPDATE: Affirmative Solutions LLC (Cheyenne, Wyoming (SPE2DE-26-D-0003) – $49,500,000)

UPDATE: Affirmative Solutions LLC,** Cheyenne, Wyoming (SPE2DE-26-D-0003, $49,500,000) has been added as an awardee to the multiple award contract for medical and surgical supplies for the Defense Logistics Agency Electronic Catalog, issued against solicitation SPE2DE-22-R-0017/SPE2DE-26-R-0003 and awarded Sept. 28, 2023. 


BL Harbert International LLC (Birmingham, Alabama) – $171,506,091

BL Harbert International LLC, Birmingham, Alabama, was awarded a $171,506,091 firm-fixed-price contract for the conversion of existing administrative space to a data center, laboratories, and updated administrative space. Bids were solicited via the internet with three received. Work will be…


ICF Mercantile LLC (Warren, New Jersey) – $150,000,000

ICF Mercantile LLC,* Warren, New Jersey, has been awarded a maximum $150,000,000 firm-fixed-price delivery order (SP8000-26-F-0008) issued against an indefinite-delivery/indefinite-quantity contract (SP8000-26-D-0005) for aerospace grade rayon fiber. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(3)(A), as…


Lockheed Martin Corp. (Orlando, Florida) – $328,500,000

Lockheed Martin Corp., Orlando, Florida, was awarded a ceiling of $328,500,000 undefinitized contract action issued as a letter contract for Department of Defense and Foreign Military Sales (FMS) Sniper, Infrared Search and Track, and Low Altitude Navigation and Targeting Infrared…