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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Veterans 1st Lt. Victor Prato, retired U.S. Army Chief Warrant Officer Anthony Radetic and retired Sgt. 1st Class Randy Nantz have been awarded scholarships under Lockheed Martin‘s 2018 Fighting Spirit program. The company said Monday its scholarship program, which it sponsored for the third consecutive year, provides wounded veterans with flying, sailing and competitive exercise […] More
Robotic Research has received a potential three-year, $49.7 million contract to supply systems for the development of prototype unmanned vehicles for a leader-follower directed requirement and program of record of the Army. The company said Wednesday it will provide autonomy kits for the Expedient Leader-Follower program meant to allow existing large ground vehicles to self-operate in military […] More
Barry Pike, program executive officer for missiles and space at the U.S. Army, has said the service considers using the Stryker combat vehicle as the basis for its provisional Manuever-Short-Range Air Defense system in response to a SHORAD capability gap identified in Europe in 2016, Defense News reported Thursday. “At this point it’s going to be […] More
Lockheed Martin has given Fighting Spirit Scholarship awards to U.S. Army Staff Sgt. Robert Bartlett and Staff Sgt. Jay Fondren, both of whom were injured while on active duty in Iraq. The company said Monday its scholarship program offers wounded military veterans with flight and sailing opportunities through the support of Warrior Sailing Program and Able Flight nonprofit organizations. Able […] More
General Dynamics, Thales and Mercedes-Benz could submit proposals to the U.K. defense ministry by Sept. 28 for the second package of the Multi-Role Vehicle-Protected program that seeks to support the establishment of strike brigades for the U.K. army by 2025, Defense News reported Sunday. “A second package aims to procure, through competition, troop carriers and […] More
The U.S. Air Force plans to replace its fleet of 3,270 Humvee vehicles with the Oshkosh-built Joint Light Tactical Vehicle, Defense News reported. Laura McAndrews, an Air Force spokeswoman, told Defense News that the service branch is currently developing a fleet management strategy to determine when and how to acquire additional JLTVs. The Air Force’s fiscal year 2018 budget […] More
Andrew Rodgers, program manager for light tactical vehicles at PEO Land Systems Marine Corps, said the U.S. Marine Corps plans to increase the number of joint light tactical vehicles it intends to buy from 5,500 to 9,092 units, National Defense Magazine reported Thursday. Rodgers told reporters Wednesday at Marine Corps Base Quantico in Virginia that the […] More
Orbital ATK has conducted live-fire demonstrations of gun systems and ammunition during the company’s Bushmaster User Conference in Arizona. The three-day event featured Orbital ATK-built Bushmaster chain guns and ammunition that range from 7.62mm, 25mm, 30mm and 40mm, the company said Thursday. More than 150 customers and partners from 25 countries were in attendance as Orbital ATK exhibited the capacity of its […] More
A report from research firm Visiongain estimates that global revenue for military land vehicle electronics will reach $3.3 billion this year. The company’s “Military Land Vehicle Electronics Market Report 2016-2026” report also predicts that technology development efforts will help drive sales growth for the sector over the next 10 years, ReportBuyer said Monday. Vistronics also forecasts China will experience a significant increase […] More
Lockheed Martin has launched the Fighting Spirit Scholarship program designed provide sports-related scholarships for injured and disabled veterans. The company said Tuesday it will sponsor scholarships to Able Flight’s flight school and Warrior Sailing Program’s basic and advanced training courses for two veterans. One of the veterans will attend Able Flight’s six-week flight program at Purdue University’s department of aviation technology and […] More
A new Strategic Defense Intelligence report forecasts the worldwide market for  military armored vehicles and associated maintenance, repair and operations will reach a value of $32.4 billion by 2026 from $22.5 billion in 2016, at a compound annual growth rate of 3.71 percent. Efforts to provide protection and munitions to ground forces as well as threat from neighboring […] More
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