A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Lockheed Martin has been awarded a $1 billion contract modification to continue its support for the U.S. Navy’s Conventional Prompt Strike (CPS) hypersonic weapons program, the Department of Defense announced. …
Lockheed Martin Awarded $1 Billion U.S. Navy Contract for Hypersonic Missile Work Read More
ND Defense (formerly Navistar Defense) was awarded a $17.2 million contract to build a Medium Tactical Truck (MTT) prototype for the Marine Corps. The MTT is intended to replace the …
Marine Corps Launches Phase II of Medium Tactical Truck Program Read More
The F-35 program, which faced significant challenges recently, is showing signs of recovery. After a period of delivery delays, including TR-3 software issues, which resulted in “training-only” jets and subsequent …
Lockheed Martin F-35 Gains Production Contract Momentum Read More
September and October have been experiencing a flurry of contract awards and contract modification increases for the United States Navy’s Virginia class submarine program. Below are two of the latest …
U.S. Virginia Class Submarine Program Sees Flurry of Contract Activity Read More
The U.S. Air Force recently awarded Lockheed Martin a sole-source $3.2 billion firm-fixed-price, undefinitized contract for procurement of AGM-158B Joint Air-to-Surface Standoff (JASSM) missiles and AGM-158C Long-Range Anti-Ship Missiles (LRASM). …
Lockheed Martin Awarded $3.2 Billion USAF Missile Contract Read More
The U.S. Army awarded Lockheed Martin a $1.9 billion contract modification for High Mobility Artillery Rocket Systems (HIMARS). The award, a modification of the original contract W31P4Q-24-D-0019, runs through May …
U.S. Army Awards Lockheed Martin $1.9 Billion HIMARS Contract Read More
NATO allies and partners in the Land Battle Decisive Munitions framework have moved forward with efforts to increase ammunition stocks, issuing contracts for hundreds of thousands of pieces of key …
NATO to Procure EUR2.4 Billion in Ammunition to Bolster Stockpiles Read More
BAE Systems has received a $183.8 million contract for Amphibious Combat Vehicles (ACVs) for the Marine Corps. The award is a fixed-price incentive modification to a previously awarded contract (M67854-16-0006) …
BAE Systems Awarded Contract for 36 Amphibious Combat Vehicles Read More
The U.S. Air Force has awarded a $127.4 million contract to Gulfstream Aerospace for the delivery of two C-37B aircraft. The contract was awarded using funding from the recently passed …
U.S. Air Force Orders Two Gulfstream C-37B Aircraft Read More
Raytheon has won the U.S. Army’s Lower Tier Air and Missile Defense Sensor (LTAMDS) competition, and will deliver a new radar to replace the existing MPQ-65A Patriot radar. As the …
Raytheon Wins U.S. Army Patriot Radar Replacement Competition Read More