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 ...

The U.S. Space Force threw AeroVironment a curve ball last week -- but the stock was priced for perfection.

The Space Force will change current contracts to fixed-price agreements or break them into more manageable pieces if they see programs heading for major cost overruns, an official said Tuesday. “We're ...

TOTE Services Inc., Jacksonville, Florida, is being awarded a $311,412,239 firm-fixed-price contract (N3220525C4020) inclusive of pass-through elements for the operation and maintenance of Sea-Based X ...

Shimmick Corporation specializes in water infrastructure EPC projects but faces persistent operating losses and challenging industry economics. SHIM's backlog is dominated by fixed-price contracts, ...

Numerous readers took issue with the news that the new stimulus legislation directs agencies to spend stimulus money through firm fixed-price contracts. Numerous readers took issue with the news that ...

In the construction industry, the choice of procurement approach is a critical decision that shapes project risk allocation, financing structures, equity support requirements, and practical execution ...