Tag: U.S. Department of War

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S&K Aerospace Secures $4.3 Billion U.S. Air Force Contract for FMS Logistics and Repair Services

WASHINGTON — The U.S. Air Force Life Cycle Management Center has awarded S&K Aerospace LLC a $4.3 billion indefinite-delivery/indefinite-quantity contract for the Parts and Repair Ordering System Seven (PROS VII) program. Under the agreement, S&K Aerospace will provide Commercial Buying Services (CBS) for non-standard and hard-to-support standard military parts, comprehensive…

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Pentagon Awards Lockheed Martin $1.21 Billion PrSM Increment 2 Contract for Early Operational Capability

WASHINGTON — The U.S. Army Contracting Command has awarded Lockheed Martin Corp. a $1.21 billion contract for the Precision Strike Missile (PrSM) Increment 2 Early Operational Capability, advancing the service's long-range precision fires modernization efforts. Under the cost-plus-fixed-fee and firm-fixed-price indefinite-delivery/indefinite-quantity agreement, work will be managed out of Grand Prairie,…

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Department of War Announces $450 Million Investment in The Elmet Group to Secure Domestic Tungsten Supply Chain

WASHINGTON — The U.S. Department of War’s Office of the Assistant Secretary of War for Industrial Base Policy, in partnership with the Economic Defense Unit, has announced a $450 million redeemable preferred equity investment in The Elmet Group to secure the nation's tungsten supply chain and enhance defense industrial resilience.…

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Pentagon Adds $13.4B to Boeing Contract Ceiling for Allied Arms Sales

WASHINGTON — The U.S. Air Force has bumped the cap on an existing Boeing Co. contract by $13.4 billion, pushing its total potential value to $19.1 billion as foreign military orders continue to pile up. The updated agreement (FA8609-19-D-0007) gives the Pentagon a ready-made vehicle to process weapon and support…