The Department of Defense said Monday the firm-fixed-price modification to an existing contract covers the delivery of 31 full-rate production ACV medium caliber cannon mission role variants. The new ...

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 ...

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 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 ...

The U.S. Department of War recently awarded a $670 million contract modification to Pratt & Whitney to work on F135 engines that power F-35 fighter jets. The contract modification was disclosed this ...

In the dynamic world of construction, change is not just inevitable, it is a fundamental characteristic of every project. From initial design clarifications to unforeseen site conditions; client-led ...

Lockheed Martin (LMT) was awarded a $3.63B modification to a previously awarded cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive-fee, and firm-fixed-price contract. This ...