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Elbit Systems Lands $100M Contract From Israeli Defense Ministry for Software-Based Radios

Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to support high-security network services. “We are very proud of this award, reinforcing …

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Engineering Research and Consulting Wins $99M IDIQ to Support Air Force’s Seek Eagle Office

Engineering Research and Consulting has won a $99 million contract from the U.S. Air Force to provide analysis, modeling and tools support services to a USAF office responsible for the aircraft-stores certification process. The Defense Department said Wednesday ERC will conduct analysis, engineering, modeling, simulation and product development, administrative and project management efforts for the military branch’s …

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March 22 Market Close: GovCon Index Closes Up, as Markets Wait for Health Care Vote

Executive Mosaic’s GovCon Index moved up as stocks partially rebound from yesterday’s steep losses. After yesterday’s more than 1 percent drop the markets closed mixed with the S&P 500 and NASDAQ up on the day and the DJIA down. Investors were mixed as they wait for the Republican health care bill …

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Revision Military Lands $98M Army Contract for Combat Helmets

Revision Military has received a potential five-year, $98.1 million contract to supply combat helmets to the U.S. Army. The company said Tuesday it will manufacture the helmets at its facility in Newport, Vermont, through March 6, 2022 under the indefinite-delivery/indefinite-quantity contract. The Army Contracting Command received five offers for the …

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Easterly to Buy 2 VA Healthcare Facilities in Govt Property Market Push

Easterly Government Properties (NYSE: DEA) has agreed to buy two Department of Veterans Affairs medical centers for a combined purchase value of $260 million. Washington-based Easterly is a real estate investment trust that acquires, develops and manages Class A buildings leased primarily to the federal government. The company said Tuesday the first deal covers the acquisition …

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Report: Lockheed Aims to Save $5B on F-35 Program Amid Lot 11 Contract Negotiations

Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into …

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Emergent BioSolutions to Deliver Anthrax Vaccines to National Stockpile Under $100M BARDA Contract

Emergent BioSolutions (NYSE: EBS) has received a potential two-year, $100 million contract from the Biomedical Advanced Research and Development Authority to deliver BioThrax anthrax vaccines to the Strategic National Stockpile. The award came three months after the Centers for Disease Control and Prevention awarded Emergent a potential $911 million follow-on contract to supply …

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Sam Raha Returns to Agilent as Strategy, Corporate Devt Senior VP

Samraat “Sam” Raha, formerly vice president of global marketing at San Diego-based genomics firm llumina (Nasdaq: ILMN), has been appointed senior VP of strategy and corporate development at Agilent Technologies (NYSE: A). He will report directly to Agilent President and CEO Mike McMullen and serve as a strategic adviser to the Santa …

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March 20 Market Close: GovCon Index Closes Down, as Equities Markets Close Mixed

Executive Mosaic’s GovCon Index moved downward as the equities markets closed mixed on the day. The S&P 500 and DJIA ended the day down off -0.20 percent and -0.04 percent respectively while the NASDAQ closed up +0.01. Stocks reacted as Federal Reserve Bank of Chicago President Charles Evans eluted to the …

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