News

Lockheed-Northrop JV Lands $117M Contract for Fire Control Radar Systems

TYSONS CORNER, VA, May 3, 2016 — A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) will deliver fire control radar systems under a $116.7 million contract, GovCon Wire reported Monday. Longbow LLC will provide the Longbow Fire Control Radar system to the U.S. Army as well as to India under the foreign military sales […]

L-3 Division to Support AFRL Warfighter Readiness, Training R&D Under $200M Contract

TYSONS CORNER, VA, May 2, 2016 — A subsidiary of L-3 Communications (NYSE: LLL) will provide research services focused on warfighter readiness and training approaches under a $200 million U.S. Air Force contract, GovCon Wire reported Friday. The Defense Department said Thursday the award to L-3 Link Simulation and Training covers research and development, evaluation and validation support to the Air […]

Leidos' Roger Krone: Most of Lockheed IS&GS SETA Contracts Previously Shifted to Vencore

TYSONS CORNER, VA, April 29, 2016 — Leidos (NYSE: LDOS) CEO Roger Krone has told investors that the majority of Lockheed Martin‘s (NYSE: LMT) systems engineering and technical assistance contracts under the information systems and global solutions unit merged with Leidos has been spun off to the company now known as Vencore, GovCon Wire reported Wednesday. “Where Lockheed had positioned […]

Raytheon Lands $104M Navy Contract for Surveillance Radar O&M; Dave Wajsgras Comments

TYSONS CORNER, VA, April 28, 2016 — Raytheon (NYSE: RTN) will provide radar operations and maintenance services to the U.S. Navy under a potential $104 million contract, GovCon Wire reported Tuesday. The company said Tuesday the contract is in support of the service branch’s Relocatable Over-the-Horizon Radar system, a long-range surveillance radar designed to track ships and aircraft. Dave […]

Navy Picks 12 Firms for $800M Contract on Multifunction RF Systems

TYSONS CORNER, VA, April 27, 2016 — The U.S. Navy has named 12 companies to its $800 million Electromagnetic Maneuver Warfare Command and Control contract to develop, evaluate and demonstrate radio-frequency systems, GovCon Wire reported Tuesday. The Defense Department said Monday the following companies won spots to compete for task orders under the contract in support […]

US Approves $1B Sale of Raytheon-Made Missiles to Australia

TYSONS CORNER, VA, April 26, 2016 — The U.S. government has cleared the potential $1.22 billion foreign military sale of Raytheon‘s (NYSE: RTN) AIM-120D medium-range air-to-air missiles to Australia, GovCon Wire reported Monday. The Defense Security Cooperation Agency said Monday the proposed sale includes 450 AIM-120D missiles and other major defense equipment for a total of $1.08 billion, and […]