Contracts Blog

As the US races to reclaim its semiconductor supremacy, Intel has secured $7.86 billion under the CHIPS Act. But can this historic investment revive a company plagued by losses and stiff competition? 

The US Department of Defense (DoD) and the US Space Force have recently announced significant contract awards aimed at enhancing and modernizing the nation's defense capabilities. This article explores the details of these strategic contracts and their implications for US Defense. 

Saudi Aramco, officially known as the Saudi Arabian Oil Company, is a state-owned oil company of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise. It recently announced a series of engineering, procurement,  and construction (EPC) contracts worth $7.7 billion to various companies, including Samsung Engineering.

BAE Systems, a British multinational aerospace, defense, and information security company, recently announced that it secured a $79 million contract with the U.S. Marine Corps. Based in London, England, BAE Systems has been the largest British arms manufacturer since 2017. This news is only the latest in a series of big contracts undertaken by the company in recent years.

As revealed by the company on Wednesday, BlackSky has recently secured a lucrative contract worth $24 million from the Air Force Research Laboratory (AFRL) to spearhead the development of cutting-edge moving target engagement services. Notably, BlackSky has been granted an initial award of $3.5 million to kickstart the project.

Planet Labs PBC (NYSE: PL) today announced that it has won a seven-figure annual contract with a Ministry of Foreign Affairs in Asia for its global daily monitoring solution. This is the first contract for Planet with this customer, which was won through one of Planet’s partners in the region.