U.S. Department Of Defense

MP Materials Corp (NYSE:MP) witnessed a surge of 2.59% in after-hours trading on Thursday, after closing the regular session at $45.23, marking a gain of 50.63%. What Happened: The U.S. government has decided to invest in MP Materials, making it the company’s largest shareholder. This...

Sen. Elizabeth Warren (D-Mass) has reportedly urged the U.S. Department of Defense (DoD) to ensure competitive AI contracting, particularly in light of Elon Musk‘s AI chatbot, Grok, gaining traction within the federal government. What Happened: Warren penned a letter to Secretary of...

Plus Therapeutics Inc (NASDAQ:PSTV) has been selected for $3 million in funding recommendation by the Department of Defense (DoD) office of the Congressionally Directed Medical Research Programs.  The award is expected to commence in Q3 2024 and will support the planned expansion of the...

The White House Medical Unit has run a pharmacy that handed out both prescription and non-prescription drugs, including controlled substances, without keeping records and occasionally to individuals who were not legally entitled to receive such medications, a recent report by the U.S. Department of...

Bipartisan lawmakers in Congress introduced several drug policy reform amendments in a large-scale advocacy bill to the National Defense Authorization Act (NDAA), reported Marijuana Moment. Banning federal employment discrimination against veterans who use marijuana, providing funding for studies...

Rep. Ed Perlmutter (D-CO), House sponsor of a bipartisan marijuana banking reform bill, filed an amendment to the Fiscal Year 2023 National Defense Authorization Act (NDAA) that would be incorporated into the Secure and Fair Enforcement (SAFE) Banking Act, reported Marijuana Moment. Last...

KBR, Inc. (NYSE: KBR) has secured two recompetes valued at more than $120 million to provide engineering services for U.S. Navy training systems and aircraft survivability equipment. KBR will also research and develop recommendations for live, virtual, and constructive training that is...

Raytheon Technologies Corp (NYSE: RTX) business Raytheon Intelligence & Space has been awarded a $171.6M contract for Low-Rate Initial Production Lot I, or LRIP I, of the U.S. Navy's Next Generation Jammer Mid-Band. NGJ-MB is the Navy's advanced electronic attack system that...

Vislink Technologies Inc (NASDAQ: VISL) bagged an order valued at over $3.8 million from the U.S. Department of Defense (DoD) for the supply of handheld intelligence, surveillance, and reconnaissance (ISR) receiver devices and accessories. The order represents yet another order by U...

The U.S. Department of Defense (DoD) has awarded Lockheed Martin Corporation (NYSE: LMT) a $4.9 billion contract to produce three geosynchronous satellites, SpaceNews reports. What Happened: DoD’s contract is for U.S. Space Force. The geosynchronous Next-Generation...

The United States Department of Defense's Space Development Agency (SDA), on Monday, awarded two contracts to build the first generation Tracking Layer for its National Security Space Launch (NSSL) program. What Happened: Elon Musk's Space Exploration Technologies Corp., better known...

While the U.S. continues pursuing a free trade agreement with India, stronger political and economic relations between the two countries have been demonstrated through the recently proposed export of U.S.-made air defense weapons systems to the Indian military. In a recent letter to Congress, the...

On April 9, Defense Secretary Ashton Carter outlined a new set of rules that will govern the Pentagon's investment in technology. The policy, dubbed Better Buying Power 3.0 (BBP3) focuses on keeping the U.S. current when it comes to the latest in defense technology, while still taking a...

Ford (NYSE: F) has a history of developing and later licensing technology to competitors. For that reason, Ford’s decision to offer its patented inflatable seat belts to other companies was not a huge surprise. What was not so widely known was the role played by an innovative Detroit nonprofit...