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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin Corp. is in talks with India to transfer the manufacturing base for the F-16 fighter jet to the country, Bloomberg reported Tuesday. Nc Bipindra and Iain Marlow write the deal could authorize India along with the U.S. to approve which countries may buy an F-16 and related components. “Some components may be produced only […] More
Total federal contract spending declined for the sixth consecutive year in the government’s 2016 fiscal year but the team of analysts at Bloomberg Government predict that negative trend to reverse in the current FY 2016. In its BGOV 200 study released Tuesday, Bloomberg Government said federal unclassified contract spend for fiscal year 2015 fell nearly 1.5 percent to a […] More
The U.S. Navy plans to select BAE Systems as the prime contractor for a program to build up cyber defenses that surround the country’s nuclear weapons inventory and other systems, Bloomberg reported Thursday. Benjamin Katz writes BAE will review and oversee the safety policies for the Lockheed Martin-built Trident missiles under the potential five-year contract, which contains […] More
Lockheed Martin has made an offer to India for the manufacture of F-16 fighter jets in the country in an effort to help upgrade the Indian defense sector, Bloomberg reported Thursday. Phil Shaw, CEO of Lockheed’s Indian unit, said the company’s CEO and President Marillyn Hewson opened the deal’s possibility to Indian Prime Minister Narendra Modi in […] More
Cisco looks to invest more than $500 million in the U.K. and $100 million to $500 million in Germany in new technology alliances the company plans to forge with these nations, Bloomberg reported Tuesday. Peter Burrows writes the partnerships aim to evaluate fresh networking products, train engineers and pump cash into startup businesses. “We believe […] More

Apple is reportedly in discussion with Google to license and build the latter's Gemini engine, a set of generative artificial intelligence models, into new iPhone software features. The negotiations come as Apple prepares new generative AI capabilities for the next version of the iPhone operating system, iOS 18, including functions for writing essays and creating images based on simple prompts.

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BWX Technologies is expecting to deliver a working version of a Department of Defense-funded mobile nuclear reactor to Idaho National Laboratory in the next two years, Bloomberg reported Monday. DOD awarded BWXT a $280 million contract in 2022 to design, build and demonstrate a transportable microreactor prototype that can be used to power remote military […] More
Photo by aappp from Shutterstock.com AAR Corp. provides advanced aviation services and aftermarket expertise for federal government agencies. The company offers a range of government, commercial, and OEM solutions for aerospace and defense customers in over 20 countries. Check out the top government contracts won by AAR Corp. 1. USACE Secured a Hybrid Contract to […] More
Executive Mosaic is honored to announce Air Force Secretary Frank Kendall as a winner of the 2023 Wash100 Award for driving strategic initiatives for the Air and Space Forces to improve their abilities to project power. Kendall has been selected four times to Executive Mosaic’s annual list of leaders who shape the government contracting narrative […] More
As technology advances and warfare tactics evolve, new threats — and strategies for combating those threats — are emerging on the battlefield. Just in the past couple of years, the United States’ defense priorities have transitioned away from counterterrorism and traditional weapons systems and toward the near-peer competition and newly arising components of conflict like […] More
Image by Lutsenko_Oleksandr from Shutterstock.com Moderna Inc is one of the leading biotechnology companies that produced over a million doses of mRNA vaccine for the 2019 global pandemic COVID-19. Because of its advanced technology, and proven pharmaceutical biotechnology know-how, the company has been a reliable government contractor for developing medicine for new diseases. If you […] More
Department of Defense data shows the estimated cost to build and acquire Lockheed Martin-built F-35s has increased by 3.5 percent to $412 billion, up $14 billion from the previous estimate of $398 billion, Bloomberg reported Wednesday. According to the Pentagon’s Selected Acquisition Report, the latest cost estimate includes 2,470 planned fighter aircraft for the U.S. […] More
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