Lockheed Martin Corp., Fort Worth, Texas, is awarded a $49,059,494 cost-plus-incentive-fee-contract that provides engineering and other related activities in support of the design and development of a Joint Strike Fighter aircraft variant tailored for an unspecified Foreign Military Sales (FMS) cust…

MANILA — The Department of National Defense (DND) on Tuesday signed the PHP28-billion (approx. $550 million—Ed.) contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the acquisition of two brand-new corvettes for the Philippine Navy, which are capable of conducting anti…

MOSCOW — Russia’s new S-550 air defense system has successfully passed state trials and entered combat service, a source close to the Russian defense ministry has told TASS.

“The S-550 air defense system has successfully completed state trials. The first S-550 brigade has entered combat duty,” …

Northrop Grumman Systems Corporation, Huntsville, Alabama, was awarded a $1,382,319,836 hybrid (cost-no-fee, cost-plus-fixed-fee, cost-plus-incentive-fee and fixed-price-incentive) contract for low-rate initial production and full-rate production of the Integrated Battle Command System.

Bids wer…

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $492,685,342 cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive, firm-fixed-price, cost reimbursable modification (P00027) to a previously awarded contract (N0001921C0020).
This modification ex…

BAE Systems Land & Armaments L.P., Sterling Heights, Michigan, is awarded a $169,334,012 modification (P00139) to previously awarded firm-fixed-price contract (M67854-16-C-0006) for Amphibious Combat Vehicles (ACV).

The total value of the contract if all options are exercised is $3,354,159,920. …