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Lockheed Awarded $743M Modification in F-35 Batch 9 Deal

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $743.2 million modification under a previously awarded advance acquisition contract for the ninth batch of F-35 fighters. The Defense Department said Monday the modification allocates additional funds to address diminishing manufacturing and material shortages for redesign and development, estimated post-production concurrency changes and country unique requirements…
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Navy Exercises $204M Option on ERAPSCO Sonobuoy Procurement Contract

ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a $203.7 million contract modification to produce additional sonobuoys for the U.S. Navy. The modification exercises an option on a previously awarded indefinite-delivery/indefinite-quantity contract and covers the procurement of up to 6,000 AN/SSQ-36, 95,000 AN/SSQ-53, 15,500 AN/SSQ-62, 10,000 AN/SSQ-101 and 15,000 AN/SSQ0125 sonobuoys, the Defense Department said Monday…
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NASA Launches Orbital ATK’s Cygnus Spacecraft for 6th ISS Cargo Resupply Mission

An Orbital ATK-built spacecraft lifted off Monday onboard the company’s updated Antares 230 rocket to deliver more than 5,100 pounds of scientific instruments and crew supplies to the International Space Station…
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HII Names Mary Cullen as Newport News Shipbuilding Division’s Nuclear Propulsion VP

Mary Cullen, a 31-year veteran of Huntington Ingalls Industries (NYSE: HII), has been appointed to succeed the retiring Barry Fletcher as vice president of nuclear propulsion within the company’s Newport News Shipbuilding division…
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Optim to Supply LED Videoscope Tech to Navy’s Fleet Logistics Center in San Diego

Optim has landed an $860,000 contract to provide a light-emitting diode videoscope system to the U.S. Navy‘s fleet logistics center in San Diego. The service branch will install Optim’s FreedomView LED videoscope in vessels operated by the Commander Naval Surface Force Atlantic, the company said Monday…
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Air Force to Assume Ownership of Space Surveillance Telescope from DARPA

The Defense Advanced Research Projects Agency is scheduled to hand over to the U.S. Air Force a telescope that works to track space debris and detect potential asteroid and satellite collisions in deep space, DoD News reported Monday…
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ISACA’s Theresa Grafenstine Recommends Cybersecurity Priorities for Next US President

Theresa Grafenstine, vice chair of ISACA’s international board and inspector general of the House of Representatives, has outlined five cybersecurity issues that she believes the 45th U.S. president must prioritize within the first 100 days of the new administration…
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Military Health System Works to Strengthen Data Security; DHA’s Servio Medina Comments

The Military Health System has stepped up cybersecurity efforts in response to the increasing number of venues of access to information in today’s digital environment. Servio Medina, a cybersecurity leader at the Defense Health Agency‘s health information technology division, said in a statement published Friday on MHS’ website that he believes multiple data access venues increase the likelihood of risk and unauthorized access…
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US Army Officials Discuss Modernization Goals for Soldier Readiness

Officials from the U.S. Army believe the military branch’s modernization efforts are related to its readiness goals and objectives to help unburden soldiers as they engage with adversaries. Katharina McFarland, acting assistant secretary of the Army, told a panel discussion that new technologies will help to remove the extra load from soldiers, the Army said Friday…
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October 17 Market Close: GovCon Index Shows Little Change as Energy & Consumer Declines Weigh on US Markets

Executive Mosaic’s GovCon Index posted little change for a second consecutive session Monday on mixed results among its large-cap companies as U.S. stocks closed mostly lower due to a sell-off in consumer and energy sector shares that coincided with a decline in crude oil prices…
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