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Tag Archives: contract

July 21 Market Close: GovCon Index Falls on Defense Prime Losses, Oil Decline Holds Down US Stocks


Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499  as none of the GCI’s 11 S&P 500-listed stocks closed at a gain with eight in the U.S. stock …

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GSA Starts $50B Alliant 2 IT Vehicle Solicitations; Mary Davie Comments


The General Services Administration has issued its formal requests for bids on two governmentwide information technology acquisition contracts with a combined total ceiling of $50 billion over 10 years. GSA said Monday it will accept industry proposals for the Alliant 2 and Alliant 2 Small Business contracts through Aug. 29. “The Alliant team …

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Report: NNSA’s Follow-on $3B Sandia Labs Support Program Draws 15 Firms, 4 Universities

nuclear power plant

Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary Sandia Corp.‘s current SNL support contract with NNSA is scheduled to expire April 2017. …

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Vectrus Boosts Full-Year Guidance on 1Q Earnings, Revenue Beats


Vectrus (NYSE: VEC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has lifted the lower ends of its full-year earnings and revenue outlooks in part on a large contract extension given in March. The Colorado Springs-based communications services contractor now expects earnings of at least $2.02 per share compared to …

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DHS Posts RFP for $395M Cybersecurity Support Services Contract


The Department of Homeland Security seeks bids on a potential seven-year, $395 million contract for support services to a DHS facility that is built to monitor cyber threats and adversarial activities across the department’s enterprise. DHS is looking for a contractor to help run its Security Operations Center and will accept proposals from …

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Lockheed Taps Orbital ATK to Build Alternative Warheads for Army Rockets


TYSONS CORNER, VA, January 22, 2016 — Orbital ATK (NYSE: OA) will build alternative warheads for the U.S. Army’s Guided Multiple Launch Rocket System under a $14 million contract from Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Thursday. Orbital ATK said Wednesday the warheads have passed the requirements of GMLRS based on the …

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L-3 to Repair Navy Virginia-/Ohio-Class Submarines Under $45M Contract

L-3 logo

TYSONS CORNER, VA, January 19, 2016 — L-3 Communications (NYSE: LLL) has received a three-year, $44.7 million contract for the upgrade, repair and overhaul of the photonics masts of U.S. Navy Virginia-class and Ohio-class submarines, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform engineering, technical and other contract work in …

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Lockheed Taps Northrop to Provide Satellite Bus Inertial Measurement Unit


TYSONS CORNER, VA, January 14, 2016 — Northrop Grumman (NYSE: NOC) has been awarded a contract to provide its LN-200S inertial measurement unit for Lockheed Martin‘s (NYSE: LMT) LM 300 satellite bus, ExecutiveBiz reported Wednesday. Northrop said Tuesday the IMU works to support vehicle control systems navigation and attitude control using angular motion and …

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NAVSEA Awards Raytheon $143M Airframe Missile Production, Testing Contract

Raytheon logo

Raytheon (NYSE: RTN) has been awarded a potential two-year $142.8 million contract to build missiles for the U.S. Navy to defend ships from adversarial missiles, aircraft and surface vehicles. The Defense Department said Tuesday the company will produce, assemble, test and deliver Rolling Airframe Missile Block 2 guided missile round packs to …

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Bloomberg: Air Force Could Unveil Bomber Contract Winner by Tuesday

long range bomber

The U.S. Air Force has received the go-ahead from Pentagon acquisition chief Frank Kendall to proceed with the awarding of its Long Range Strike Bomber contract, Bloomberg reported Tuesday. Anthony Cappacio and Julie Johnsson write USAF could name Northrop Grumman (NYSE: NOC) or a team of Boeing (NYSE: BA) and …

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