David Thompson: Orbital-ATK Deal Could Close in January

David Thompson
David Thompson The planned merger of Orbital Sciences (NYSE: ORB) with ATK‘s (NYSE: ATK) aerospace and defense groups could close in January if the companies receive regulatory approvals for the deal during the December holiday season, Orbital CEO David Thompson said Thursday. Thompson also said that transition teams from both companies are “continuing to target the end of the calendar...

Three Wire Systems to Continue Air Force Data Hosting, Maintenance Program

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The Air Force has renewed a contract with Three Wire Systems for the company to continue maintenance and hosting work on a system the branch uses to store data on readiness services. Three Wire Systems said Wednesday that it will continue work to migrate the Air Force’s Family Integrated Results and Statistical Tracking system to an Xtendable V system from Xtendable IV and also be responsible...

Qatar Taps Lockheed PAC-3 Missiles; Scott Arnold Comments

lockheed martin
Qatar will purchase the Lockheed Martin (NYSE: LMT) PAC-3 Missile and associated command launch system for the country’s air force under an initial contract. The company said Wednesday that Qatar is its eighth international customer for the PAC-3 missile system. PAC-3 works to provide “hit-to-kill” capability, said Scott Arnold, vice president of PAC-3 programs at Lockheed’s...

Raytheon Gets OK to Resume Development of Army EW Mgmt Tech

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Raytheon (NYSE: RTN) has received the go-ahead from the U.S. Army to resume development work on a technology intended to help the branch plan and execute missions in an electromagnetic operational environment. The company was awarded a five-year contract for the Army’s Electronic Warfare Planning and Management Tool project, Raytheon said Tuesday. According to Raytheon, the EWPMT software would...

HHS Taps Profectus BioSciences for Ebola, Marburg Vaccine R&D

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The Department of Health and Human Services has awarded Profectus BioSciences an $8.6 million contract to further develop and test a vaccine designed to treat infections caused by Ebola and Marburg viruses. HHS said Tuesday the cost-plus-fixed-fee contract covers research and development of Profectus’ Ebola and Marburg filovirus vaccine rVSVN4CT1. Profectus presented data from animal studies...

October 16 Morning Report: GovCon Index Enters Day at Half-Percent Decline

GovConIndex
The GovConIndex will enter Thursday’s trading day at 62.418 points — down 0.367 points from Wednesday’s figures, or a decline of 0.592 percent. CNBC reports that more economic data will become public on Thursday, such as the weekly jobless claims numbers, industrial production figures, the Philadelphia Federal Reserve survey and the National Association of Home Builders’...

DoD Leaders Overview Military’s Innovation Push at Potomac Officers Club’s R&D Event

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U.S. technological superiority in the battlefield and the role of research and development work in that effort were the key points of focus Wednesday at the Potomac Officers Club‘s 2014 “DOD Research and Development” event in McLean, Virginia. An audience of leaders from the GovCon and government communities heard from four of the Defense Department‘s top officials that oversee...

October 15 End of Day Report: GovCon Index Tanks 2% as Weak Data Hits Market

GovConIndex
The GovCon Index recorded a 2-percent decline as of Wednesday afternoon, nearly in line with the other three major stock indices after the release of weak economic data. Ahead of the closing bell, the GovCon Index sat at a figure of 61.797, a decrease of almost a full point from Tuesday’s trading with only three companies listed in the index slated to close the trading day in the positive. Investors...

Tony Smeraglinolo: Engility Adds NextGen Engineering, Analytical Contract

Tony Smeraglinolo
Tony Smeraglinolo Engility Holdings (NYSE: EGL) has won a 38-month, $23 million contract that covers work with the Transportation Department and Federal Aviation Administration to implement the NextGen air traffic control system at airports. The company will perform engineering and analytical support work under the cost-plus-fixed-fee contract, which includes both new and recompeted services, Engility...

Lockheed to Produce Targeting, Pilotage Systems for Qatar; Mike Taylor Comments

lockheed martin
Lockheed Martin (NYSE: LMT) will supply Qatar’s air force with Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor systems under a $90.6 million foreign military sale through the U.S. Army‘s Lot 9 contract. The company said Monday it will provide M-TADS/PNVS systems and spares for Qatar’s AH-64E Apache helicopters to help bolster nighttime pilotage and targeting...