Pay-if-paid clauses are conditional payment provisions commonly included in construction subcontracts. The intent of a pay-if-paid clause is to shift the risk of loss from the prime contractor to its ...

Since small businesses possess fewer resources and workforce than large-scale prime contractors, the federal government offers provisions that help these businesses win contracts. These provisions ...

DENTON, Texas--(BUSINESS WIRE)--M1 Support Services (M1) announced today that it will pursue the U.S. Army’s Flight School Next training services contract as the prime contractor. M1’s innovative and ...

MELBOURNE, Fla.--(BUSINESS WIRE)--TSS Solutions, a global defense electronics company focused on the repair, modernization, operations, maintenance, and leasing of radar systems, has been selected as ...

Drafting and negotiating subcontracts can be tricky for both general contractors and subcontractors. General contractors are caught in between owners and subcontractors as the ones that will be held ...

Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the first deliveries of its revolutionary Flex ...

ASHBURN, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Telos Corporation (TLS) (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious ...

Mercury Systems, Inc. announced two new agreements with a European defense contractor to enhance production capabilities for radar and electronic warfare components. The first agreement extends their ...

Telos Corporation has been selected as a prime contractor for the U.S. Navy's SeaPort Next Generation (SeaPort NxG) contract, which allows it to compete for task orders through 2028. SeaPort NxG is ...