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  • American City Business Journals18 days ago

    ​Lockheed, General Dynamics, DynCorp end 2016 with hundreds of millions in key contracts

    Among those contracts were a $450 million award to Bethesda-based Lockheed Martin Corp. (LMT), a $324.5 million award to Falls Church-based General Dynamics Corp. (GD) and a $106.2 million award to McLean-based DynCorp International Inc. Just two months after Lockheed won a $7.2 billion contract for 94 F-35 Joint Strike Fighters — as part of the tenth order in a batch known as Low Rate Initial Production 10 (LRIP 10) — the combat jet maker is getting another $450 million for "integration work to implement the development and delivery of the F-35A Air System” for South Korean F-35s. In June, Lockheed received a $920.4 million contract for “long lead” materials — material used to build the cockpit fuselage, the center of the airplane, the main bulkhead, the center wing and the aft of the jet — to build the 94 F-35s.

  • American City Business Journalslast month

    DynCorp says its fight for $10 billion contract is valid. Its rival calls it 'frivolous' and 'desperate.'

    McLean-based government logistics contractor DynCorp International Inc. may have lost a major multibillion-dollar State Department contract in September, but it’s not going down without a fight. On Tuesday, the U.S. Government Accountability Office dismissed DynCorp’s protest of a $10 billion, 11 1/2-year award with the U.S. State Department to perform aviation maintenance on aircraft used to conduct counternarcotics missions — known as the Worldwide Aviation Support Services (WASS) contract. The company responded with a statement that it was “disappointed” and would "immediately pursue legal recourse” — moving the case from the GAO to the U.S. Court of Federal Claims.

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