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 ...

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

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 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 ...

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 ...

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 (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 Space, Littleton, Colorado, is being awarded a cost-plus-incentive-fee and cost-plus-fixed-fee unpriced letter contract modification (P00070) with a not-to-exceed amount of ...

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 ...