The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, ...

Chinese military experts rejected on Monday the latest claims by French intelligence that "China used embassies to undermine ...

The State Department has cleared Turkey’s two foreign military sales requests worth approximately $304.1 million combined to procure AIM-120C-8 advanced DOD State Department Clears $1.45B in UAE ...

MORE ARMS SALES: The Trump administration is weighing announcing a massive, $100 billion arms package for Saudi Arabia on a trip to the Kingdom next month, two defense industry sources confirmed ...

New Executive Order streamlines foreign military sales, promoting speed, accountability, and competitiveness. Learn its impact on contractors and global partners Trump Executive Order Modernizes U ...

Foreign Military Sales is a security assistance program authorized by the Arms Export Control Act, which allows the U.S. to sell defense equipment, ...

HUNTSVILLE, Ala. — Raytheon Co. has been awarded a substantial $77.2 million Department of Defense contract that will bring ...

On April 9, 2025, President Trump issued an Executive Order titled “Reforming Foreign Defense Sales to Improve Speed and Accountability.” This directive is the first Executive Order ever ...

USASAC manages more than 6,000 foreign military sales cases in nearly 150 countries, the Redstone release said, with a total value of $280 billion. Fiscal year 2024 brought in $42.8 billion in new ...