Emergent BioSolutions (NYSE:EBS) today announced it has been awarded a contract modification valued at $52.7 million from the Administration for Strategic Preparedness and Response (ASPR) at the ...

Northrop Grumman (NYSE:NOC) received a significant contract modification from the U.S. Navy to advance production of next ...

RTX unit Raytheon received a modification to a contract with the U.S. Navy worth up to $1.1 billion. The modification to the previously awarded fixed-price incentive contract exercises the Navy's ...

Austal USA has secured a four-year, $516.5 million modification to a U.S. Navy contract to provide materials required to build the lead vessel in the service branch’s new class of ocean surveillance ...

Lockheed Martin received an $8.4 billion modification for a U.S. Army contract. The modification increases the ceiling and extends the ordering period through fiscal year 2032. The contract covers the ...

Generally, contracts can be modified in three ways: (1) by written agreement, (2) by verbal agreement, or (3) by the parties’ course of performance. The traditional way of modifying a contract is ...

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.

The Department of Defense said Tuesday the modification includes the procurement of associated payloads, support equipment, turrets, spares, training and tools for both UAS. Insitu will deliver the ...

The Boeing Co., Seattle, Washington, has been awarded a $2,858,701,741 modification (P00141) to contract FA8625-11-C-6600 for lot 4 production KC-46 aircraft, initial spares, and support equipment.

Final regs generally don’t require taxpayers to recognize gain or loss when modifying contracts to replace discontinued interbank offered rates. However, to qualify for this favorable treatment, the ...