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Tag Archives: Army

Weekly Roundup Oct 5 – Oct 9 2015: CNBC’s Jim Cramer Talks Up Defense Stocks as 3Q Earnings Season Looms & more

PACIFIC OCEAN (March 26, 2009) The San Diego-based guided-missile destroyer USS Benfold (DDG 65) fires a missile Thursday, March 26, 2009 during training exercise Stellar Daggers in the Pacific Ocean. Benfold engaged multiple targets with Standard Missile-2 (SM-2) Block IIIA and modified SM-2 BLK IV missiles. The overall objective of Stellar Daggers was to test the Aegis system's sea-based ability to simultaneously detect, track, engage and destroy multiple incoming air and ballistic missile threats during terminal or final phase of flight. The Benfold’s Aegis Weapons System successfully detected and intercepted a cruise missile target with a SM-2 BLK IIIA, while simultaneously detecting and intercepting an incoming SRBM target with a modified SM-2 BLK IV. This is the first time the fleet has successfully tested the Aegis system's ability to intercept both an SRBM in terminal phase and a low-altitude cruise missile target at the same time. (U.S. Navy photo/Released)

Weekly Roundup Oct 5 – Oct 9 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the most listened-to voices in business media singled out the defense sector and one of its biggest players as among the best performers during recent …

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Weekly Roundup Sept 28 – Oct 2 2015: Frank Kendall’s Outlook on Defense Sector Consolidation & More


Weekly Roundup Sept 28 – Oct 2 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer sought to throw cold water this week on the idea of consolidation among the U.S.’ largest prime contractors in a year that has …

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Weekly Roundup Sept 21 – Sept 25 2015: ULA Acquisition Talk Bubbles Again, OPM’s Latest Hack Revelation & more


Weekly Roundup Sept 21 – Sept 25 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015? One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology …

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Lockheed Awarded $227M for Army Guided Rocket System Units; Ken Musculus Comments

lockheed martin

Lockheed Martin Corp. (NYSE: LMT) has been awarded a $227 million contract to produce another batch of guided multiple launch rocket system units for the U.S. Army. The contract also includes the first order of GMLRS alternative warheads for the Army, and Bahrain and the United Arab Emirates through a foreign …

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September 9 Market Close: GovCon Index Dips, US Markets Decline in PM Session


The GovCon Index closed down 0.686 points to 72.072 on a day that saw continued volatility in U.S. and global markets despite a rise in equities. All three major U.S. stock indices were up 1 percent at one point in the morning session and receded into negative territory in the 1:00 p.m. Eastern …

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Heidi Shyu Describes Army’s Open Architecture Approach, Tech Acquisition Environment to Potomac Officers Club

Heidi Shyu

Technology platforms with open architectures are a key aspect of the U.S. Army‘s large push to change how it brings new tools to soldiers in the battlefield, the service branch’s lead acquisition official told the Potomac Officers Club Wednesday. Heidi Shyu — assistant army secretary for acquisition, logistics and technology — also said at the POC …

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Weekly Roundup Aug 24 – Aug 28 2015: GovCon Index Mirrors US Markets’ Wild Ride & more


Weekly Roundup Aug 24 – Aug 28 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world has been captivated over the last 10 days by the frenzied selloff in global stock markets then subsequent rebound over the past two days and government …

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Systek, Savantage Added to $461M Army IDIQ for Program Mgmt Services

U.S. Army photo

Systems Technologies and Savantage Solutions have joined the list of awardees on a U.S. Army program management services contract worth up to $461 million over five years, the Defense Department said Thursday. Eleven companies in total will now vie for orders to support the Army’s program executive office for enterprise …

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Army Picks Oshkosh for $7B Joint Light Tactical Vehicle Contract


Oshkosh Defense has won a much-anticipated potential $6,749,799,374.25 contract to build armored vehicles for the U.S. Army‘s Joint Light Tactical Vehicle program, the service branch’s initiative to replace the Humvee for itself and the Marine Corps. The Army said Tuesday it expects low-rate initial production of the JLTV to start in fiscal year 2016 and …

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Weekly Roundup Aug 17 – Aug 21 2015: Sequestration Discussion Resurfaces, American Systems’ Latest Acquisition & more


Weekly Roundup Aug 17 – Aug 21 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The specter of potential sequestration cuts in fiscal year 2016 — which starts Sept. 30 — surfaced again this week in a letter signed by all 46 Democratic …

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