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Tag Archives: Air Force

August 24 Market Close: GovCon Index Down on McKesson Decline as Health Losses Weigh on US Markets


Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 company to record a gain, while McKesson was …

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Lockheed Secures Potential $10B IDIQ for Air Force C-130J Production Support


The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential 10-year,  $10.02 billion indefinite-delivery/indefinite-quantity contract to support the military branch’s C-130J Super Hercules production effort. The sole-source contract also includes foreign military sales, the Defense Department said Friday. DoD expects Lockheed’s aeronautics segment in Marietta, Georgia to finish contract work Aug. 18, 2026. The …

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Weekly Roundup August 15 – August 19 2016: Leidos Doubles, M&A Wheels Keep Turning & more

market analysis

August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As if GovCon observers needed reminding, Leidos doubles to $10 …

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5 Firms Win Spots on $78M Air Force Weapon, C4I Systems Support IDIQ


The U.S. Air Force has awarded five companies positions on a potential three-year, $78.4 million contract to provide information technology support for the military branch’s weapons and command, control, communications, computers and intelligence systems. The Defense Department said Thursday the indefinite-delivery/indefinite-quantity contract also covers project management, intelligence, security, staff support, system engineering and subject matter …

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August 15 Market Close: GovCon Index Hits Record Close Again as Defense Primes Rise


Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was selected by Drexel Hamilton …

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Pratt & Whitney Lands Navy Contract Modification for F-35 Support Equipment, Depot Activation Services


United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a three-year, $151.7 contract modification from the U.S. Navy to provide a range of F-35 Lightning II aircraft supplies and services. The Defense Department said Wednesday the modification covers initial spare modules, engine system trainers, support equipment and depot activation services and supplies …

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Space News: Air Force to Award Contract to ULA for Delta 4 Rockets


The U.S. Air Force plans to award a sole-source contract to United Launch Alliance for two Delta 4 rockets to launch National Reconnaissance Office, Space News reported Monday. Mike Gruss writes the NRO missions covered under the contract are scheduled to launch in 2020 and 2023. The Air Force opted for a sole-source contract …

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Weekly Roundup August 1 – August 5 2016: Leidos Further Details Post-Merger Picture & more

acquisition, merger

August 1 – August 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting’s M&A and financial aspects took center stage again this week and GovCon Wire hit on all the major events as Executive Mosaic’s home of market-moving news for the sector. …

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Johnson & Johnson to Supply Dental, Medical Equipment to US Armed Forces

medical health doctor

The Defense Logistics Agency has awarded Johnson & Johnson (NYSE: JNJ) a five-year, $60 million contract to supply medical and dental equipment to all four military service branches. Johnson & Johnson’s healthcare systems sector will deliver the products to the U.S. Army, Navy, Air Force and Marine Corps through Aug. 3, 2021 under the indefinite-delivery/indefinite-quantity contract, the Defense Department …

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DynCorp to Provide Transient Aircraft, Base Operation Support Under AFCAP IV Task Orders


TYSONS CORNER, VA, Aug. 1, 2016 — DynCorp International has received three task orders from the U.S. Air Force to deliver transient aircraft support and base operation services under the Air Force Contract Augmentation Program IV contract, ExecutiveBiz said Friday. The company said Thursday it received a $29 million task order for personnel, …

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