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PSS Subsidiary Secures $75M FBI Contract for Acquisition Services; Scott Goss Comments

A subsidiary of Preferred Systems Solutions has received a potential five-year, $75 million contract from FBI to provide full life-cycle acquisition support across the bureau’s divisions and 56 U.S. field offices. The company said Tuesday its Government Contract Solutions business will deliver acquisition policy, planning, solicitation preparation, source selection and post-award support services through the …

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Leidos Vies for Instrumentation Systems Support Task Orders With NAWCAD; Tim Reardon Comments

TYSONS CORNER, VA, April 24, 2017 — Leidos (NYSE: LDOS) will offer research, development, sustainment, engineering and update support for the Naval Air Warfare Center Weapons Division’s Combat Environment Instrumentation Systems through its position in a $198 million U.S. Navy contract, GovCon Executive reported Thursday. The company said Thursday the Navy tapped a …

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Carey Smith: Contract for Advisory, Technical Services to Expand Parsons’ Support for MDA Mission

TYSONS CORNER, VA, April 18, 2017 — Parsons will offer advisory, technical, engineering and management services to the Missile Defense Agency in support of its ballistic missile defense system, GovCon Executive reported Wednesday. The company said April 11 it will provide the services through a potential $385 million contract MDA awarded in March. “This …

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February 3 Market Close: GovCon Index Higher on L3 & HII Boosts, US Stocks Up After Trump Banking Exec Order

Executive Mosaic’s GovCon Index rose Friday on advances large and middle-tier defense primes as U.S. stocks climbed following the January jobs report and President Donald Trump’s new executive order to reduce regulations on the banking industry implemented after the 2008 crisis. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as nine …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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CAE Secures Simulation, Training Support Contracts Worth $134M; Gene Colabatistto Comments

TYSONS CORNER, VA, Jan. 19, 2017 — CAE (NYSE: CAE) has landed contracts worth a total of $134.1 million from international military customers for new simulation technologies, simulator updates and training support services, ExecutiveBiz reported Tuesday. The company said Tuesday it closed a deal with Airbus‘ defense and space business unit for …

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Raytheon Gets $110M Navy Contract Modification for Air, Missile Defense S-Band Radar, Controller Production

Raytheon (NYSE: RTN) has received a potential one-year, $110.1 million contract modification to begin fiscal 2017 low-rate initial production of S-band radars and radar suite controllers for the U.S. Navy. The modification seeks to exercise an option in a contract awarded in 2013 in support of the service branch’s Air and …

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American Systems Extends IT, Managed Hosting Support for DSCA FMS Platform; Peter Smith Comments

TYSONS CORNER, VA, Nov. 30, 2016 — American Systems will continue to deliver managed hosting and information technology services for the Defense Security Cooperation Agency‘s Security Cooperation Enterprise Solution under a five-year, $36.6 million task order,  ExecutiveBiz reported Tuesday. The company said Monday it will provide foreign military sales application hosting, end …

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Orbital ATK Lowers Loss Expectations in Restatement on Army Ammo Contract

Orbital ATK (NYSE: ATK) has lowered its forecast of losses on a U.S. Army ammunition production contract to $350 million from the initial $450 million outlook as the aerospace and defense company carries out an accounting review. Dulles, Virginia-based Orbital ATK said in a Tuesday Securities and Exchange Commission filing the …

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Army Kicks Off $6B HR Support Contract Bids

The Army Contracting Command has issued a request for proposals on a potential 10-year, $6.09 billion contract vehicle for personnel life cycle support services to the U.S. Army, the Defense Department and other federal agencies. The multiple-award, indefinite-delivery/indefinite-quantity contract will have a one five-year base period of performance and five 12-month …

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