Contracts Blog

Lockheed Martin Awarded $114M U.S. Navy Contract for SONAR System

Lockheed Martin’s recent $114 million contract for advanced SONAR systems marks another milestone in the U.S. military's modernization drive. As Elon Musk and the DOGE team review Pentagon spending, this deal raises a compelling question: How will technological innovation and fiscal scrutiny reshape America's defense capabilities in the years ahead?

Topics: Contracts Technology Military

Building the Digital Age: Virginia Transformer Secures Data Center Deal

Virginia Transformer Corporation, one of the powerhouses of North America’s power transformer industry, has secured major contracts to equip critical U.S. data centers. As demand for advanced infrastructure surges globally, VTC’s decades of expertise and innovation position it at the forefront of a rapidly evolving digital landscape.

Topics: Contracts Technology

Hawaiian Telcom Scores $1.7 Billion to Make Hawai‘i Fully Fiber

Hawai‘i is set to redefine connectivity as Hawaiian Telcom embarks on a $1.7 billion initiative to make the state the first fully fiber-enabled in the U.S. by 2026. This ambitious public-private collaboration aims to bridge the digital divide, transforming homes, businesses, and communities statewide through state-of-the-art fiber technology.

Topics: Contracts Technology

Leidos Secures $987M F16 Contract as U.S. Strengthens Taiwan’s Defense

Amid escalating tensions in the Indo-Pacific, Leidos Inc., a leader in U.S. defense contracting, has been awarded a $987 million contract to sustain Taiwan’s F-16 fleet. Spanning a decade, this deal highlights the U.S.’ commitment to bolstering Taiwan’s military capabilities.

Topics: Contracts Technology

Intel & the CHIPS Act: The Future of US Semiconductor Dominance

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? 

Topics: Contracts Technology

US Defense Industry Awards Major Contracts for Cloud and Satellite Comms

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. 

Topics: Contracts Technology strategies

Aramco's Strategic Expansion: $7.7 Billion in Contracts for Fadhili Plant

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.

Topics: Contracts Technology Development investments

York County BAE Systems Secures $79 Million Marine Corps Contract

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.

Topics: Contracts Technology Military

BlackSky Secures $24 Million Contract Win with Air Force Research Lab

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.

Topics: Contracts Technology AI business insights

Planet Labs PBC Secures Contract with Ministry of Foreign Affairs

 

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.

Topics: Technology Satellite