Lockheed Martin (LMT) was awarded a $3.37B undefinitized modification to a previously awarded, cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive-fee, and firm-fixed-price contract.

Lockheed Martin has received a U.S. Navy contract modification valued at $132.9 million to continue providing flight test support for the F-35 Lightning II fighter aircraft. Recent Navy contract ...

RTX business Raytheon will manufacture additional AIM-9X Sidewinder missiles under a $1.1 billion modification of a previously awarded contract. The modification exercises options of the previous ...

Lockheed Martin, RTX, and Northrop Grumman have secured major U.S. defense contract modifications worth hundreds of millions, extending work on F-35 aircraft, engines, and support services into the ...

Contractors frequently execute modifications for extra work without considering the impact the boilerplate broad release language in the modification may have on future claims. Government agencies ...