Recent Posts

Battelle Lands Spots on 2 FHWA Highway Operations, Traffic Mgmt Support IDIQs


Battelle has won positions on a pair of indefinite-delivery/indefinite-quantity contracts worth up to $182 million combined to support the Federal Highway Administration‘s highway operations, traffic management and road safety programs. The nonprofit can bid on projects that cover connected vehicles research, work zones, congestion management, freight, commercial vehicles, weather and other traffic management initiatives …

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Leidos to Maintain CBP Border Inspection Systems Under Potential $155M Contract


Leidos (NYSE: LDOS) has secured a potential five-year, $155 million prime contract from the Department of Homeland Security‘s Customs and Border Protection agency to administer and maintain X-ray and imaging systems for CBP. The award covers maintenance of non-intrusive inspection equipment such as the VACIS inspection platforms, radiation portal monitors and radiation isotope …

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Lockheed Awarded $93M Contract Modification for Navy MUOS Engineering, Logistics Services


A business unit of Lockheed Martin (NYSE: LMT) has received a $92.8 million contract modification to perform engineering and interim logistics work on a military communications satellite system for the U.S. Navy. Lockheed Martin Space Systems will also deliver spares and associated materials for the military branch’s Mobile User Objective System under the modification, the Defense Department said Thursday. …

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Rockwell Collins to Build Landing Guidance Subsystems Under $67M Deal With Raytheon


Raytheon (NYSE: RTN) has awarded Rockwell Collins (NYSE: COL) a potential six-year, $67 million contract to develop, test and produce communication and navigation subsystems for the U.S. Navy’s Joint Precision Approach and Landing System. The contract with Raytheon also covers systems engineering and logistics services in support of the JPALS program, Rockwell Collins …

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October 20 Market Close: GovCon Index Shows Small Decline for 2nd Straight Day, Textron Jumps as HII & Primes Weigh


Executive Mosaic’s GovCon Index closed slightly down for a second consecutive session Thursday as notable gains by Textron (NYSE: TXT) after third quarter earnings and CACI International (NYSE: CACI) were offset by declines in Huntington Ingalls Industries (NYSE: HII) and other large prime contractors. GovCon Index laggers outnumbered advancers at a 3-to-1 ratio …

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Textron 3Q Earnings Miss, Revenue Up 2% on Biz Jet Deliveries


Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS excluding a $0.76 benefit from settlements of Internal Revenue Service audits and the $0.27-after tax restructuring …

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Navy Adds Northrop to MQ-25 Carrier UAS Risk Reduction Program


Northrop Grumman (NYSE: NOC) has secured a potential one-year, $35.8 million contract from the U.S. Navy to implement risk reduction efforts for the future MQ-25 unmanned carrier aviation air system. The Defense Department said Wednesday the company will work to refine concepts and develop trade space ahead of the engineering and manufacturing development phase …

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