Business

The House of Representatives voted to pass the annual defense spending bill, authorizing the creation of Space Force and passing a provision that provides all federal workers with 12 weeks paid parental leave....Read More

Lockheed Martin on Wednesday received a $22.4 million to develop prototypes for a combined arms squad for the U.S. Army, the Department of Defense has announced. ...Read More

Bell Boeing announced Tuesday that they have delivered the first modified MV-22 Osprey to the United States Marine Corps....Read More

Boeing has been awarded a $21.2 million contract modification for sustainment and development for the Air Force’s space based surveillance system , the Department of Defense announced Tuesday....Read More

Acting U.S. Navy Secretary Thomas Modly said Friday that the Navy continues to look to a 355-vessel fleet, adding that the branch either needs a plan to get there or to change the size and identify...

Germany is showing reluctance to approve a missile system developed by Lockheed Martin and MBDA Deutschland, a defense ministry report indicates....Read More

Lockheed Martin received a $23.4 million deal to procure hardware for Virginia-class submarines, which follows a $22.2 billion contract issued to General Dynamics for nine of the vessels earlier this week....Read More

Lockheed Martin received a $153.4 million contract to procure test equipment and special tooling for current and future production of the F-35, the Department of Defense announced Friday....Read More

Raytheon has been awarded a $13.1 million contract for the Air Force to produce a third high energy laser weapon system for deployment and testing, the Pentagon announced. The first HELWS system was delivered in October....Read More

The federal government has joined a lawsuit accusing Navistar International and its defense unit of defrauding the United States to the tune of $1.3 billion....Read More