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US approves $1 billion in Saudi defense contracts

The United States formally approved defense contracts totaling more than $1 billion with Saudi Arabia on Thursday, as the kingdom’s crown prince continued his...
Yak-130

Russian Arms Export Contracts with African Countries Exceed $21 bln

Russian arms exporter Rosoboronexport’s contracts with African countries exceed $21 billion, Yuri Demchenko, adviser to the Rosoboronexport CEO, said. Rosoboronexport will take part in the...

SpaceX sues USAF, citing unfair contractor monopoly

Elon Musk, the inventor and technology billionaire who recently debuted a rocket that he hopes will travel to Mars, has filed suit against the...

Fiscal Year 2014 US Navy Destroyer Contract Awards Announced

Today, the Navy announced two separate contract awards for Fiscal Year (FY) 2014 destroyers. The first contract award funds one FY 2014 DDG 51 Arleigh...
Boeing

Boeing Partners with US Air Force to Reduce Supply Chain Costs

Boeing and the U.S. Air Force Sustainment Center (AFSC) have entered into an overarching public-private partnership that will streamline supply chain contracting, saving money...

No Russian Embargo on Existing Syria Arms Contracts

Russia has not embargoed its existing arms contracts with Syria, Vyacheslav Dzirkaln, the deputy head of Russia’s Federal Service for Military-Technical Cooperation, said on...

Thales Wins Submarine Simulator Upgrade Contract

Thales Australia has signed a contract with the Defence Materiel Organisation to upgrade the Collins Submarine Platform Training Simulator (PTS). Located at the Submarine Training...

US Army Awards Lockheed Martin Contract for Counterfire Radar Production

The U.S. Army awarded Lockheed Martin (NYSE: LMT) $391 million in production orders for a new radar system that provides soldiers with enhanced 360-degree...

GAO Finds Pentagon Still Can’t Keep Track Of Its Contractors

The Government Accountability Office (GAO) has released the second of three annual reviews of Department of Defense (DoD) service contract inventories. As you know,...

NYT Misses Elephant in the Room: Defense Service Contractors

This week, Defense Secretary Leon Panetta is poised to deliver his recommendations on at least $450 billion in defense cuts over the next ten...