Eight companies have won extensions to their Advanced Technology Support Program III contracts by another $1.3 billion, allowing them to continue their work supporting obsolete and difficult to maintain technologies.
The Navy has given the go ahead to four companies to continue their design development for the UCLASS aircraft, meant to give carriers added surveillance and defense capabilities .
Quarterly reports for the major defense companies show signs of relief that the biggest companies in the market are weathering sequestration just fine. Is now the time to celebrate?
Boeing Co. looked ahead in 2012 to avoid this year's fiscal storms by restructuring and reinvesting savings to build its cyber and command and control businesses and as a result it solidified its Top 100 ranking.
Boeing Co. has won a contract modification to produce precision laser guidance sets for the Navy, Air Force, and the governments of Saudi Arabia and Japan, under a combined purchase governed by the Foreign Military Sales program.