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 has secured a U.S. Navy contract modification worth approximately $3.36 billion to provide F-35 logistics support services for domestic and international military customers. The ...

The MTA signed off on a $386 million hybrid locomotive order by tacking it onto an existing deal, continuing a pattern of ...

The decision in Williams Building Company v. Department of State, CBCA 6650 (April 26, 2023) is another warning about the risk of executing a contract modification without an appropriate reservation ...

The Army awarded a modification to the Indefinite Delivery/Indefinite Quantity contract to Lockheed Martin Missiles and Fire Control on April 27, 2023 for full rate production for the Guided Multiple ...

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 ...

RTX (RTX) was awarded a $211.97M modification to a previously awarded firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. This ...

Raytheon, a subsidiary of Arlington County-based Fortune 500 aerospace and defense contractor RTX, has been awarded a $646 million contract modification to continue producing the AN/SPY-6(V) family of ...

WASHINGTON – NASA has signed a $47.5 million contract modification with Lockheed Martin, New Orleans, for space shuttle external fuel tanks. The modification aligns and extends all activities ...

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.

Oasis Systems LLC, Lexington, Massachusetts, has been awarded a cost-plus-fixed-fee $12,000,000 modification (P00100) to previously awarded contract FA8721-13-C-0026 for advisory and assistance (A&AS) ...

Investing.com -- Lockheed Martin Rotary and Mission Systems has been awarded a $92.8 million contract modification by the U.S. Naval Sea Systems Command for AEGIS system sustainment across multiple ...