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Tag Archives: Defense Department

Weekly Roundup October 17 – October 21, 2016: 3Q Financial Season Not Just Earnings & more


October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many …

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Lockheed Awarded $93M Contract Modification for Navy MUOS Engineering, Logistics Services


A business unit of Lockheed Martin (NYSE: LMT) has received a $92.8 million contract modification to perform engineering and interim logistics work on a military communications satellite system for the U.S. Navy. Lockheed Martin Space Systems will also deliver spares and associated materials for the military branch’s Mobile User Objective System under the modification, the Defense Department said Thursday. …

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CSRA Lands $114M Task Order to Help Secure Pentagon’s IT Networks


CSRA (NYSE: CSRA) has received a potential $114 million task order to develop and implement an in-depth strategy for the Defense Department to identify and neutralize hostile cyber network activity at the Pentagon. The company said Thursday it also seeks to leverage a range of tactics, procedures and techniques to help DoD block, detect and …

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Navy Adds Northrop to MQ-25 Carrier UAS Risk Reduction Program


Northrop Grumman (NYSE: NOC) has secured a potential one-year, $35.8 million contract from the U.S. Navy to implement risk reduction efforts for the future MQ-25 unmanned carrier aviation air system. The Defense Department said Wednesday the company will work to refine concepts and develop trade space ahead of the engineering and manufacturing development phase …

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General Dynamics Subsidiary Gets $176M Navy Funds for USS Montpelier Repair Work

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General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has been awarded a pair of contract modifications with a combined value of $176 million to maintain and repair the U.S. Navy‘s fast attack submarine USS Montpelier. Electric Boat will also perform alterations, testing and routine work on USS Montpelier  during the submarine’s scheduled interim dry docking, The …

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DoD Certifies GPS III Ground Control System Program to Congress


TYSONS CORNER, VA, Oct. 18, 2016 — The Defense Department has cleared the U.S. Air Force and prime contractor Raytheon (NYSE: RTN) to proceed with the GPS III Operational Control System program following certification by Pentagon acquisition chief Frank Kendall, ExecutiveBiz reported Monday. DoD News reported Friday Kendall certified the program …

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SAP NS2’s Mark Testoni: Police, Intell Use of Predictive Analytics Faces Challenges

Mark Testoni

TYSONS CORNER, VA, Oct. 18, 2016 — Mark Testoni, president and CEO of SAP National Security Services (NYSE: SAP), believes that law enforcement and intelligence agencies face a challenge in utilizing big data analytics to predict crime and terrorist attacks due to various controls, ExecutiveBiz reported Thursday. He said in a Bloomberg …

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Lockheed Awarded $743M Modification in F-35 Batch 9 Deal


The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $743.2 million modification under a previously awarded advance acquisition contract for the ninth batch of F-35 fighters. The Defense Department said Monday the modification allocates additional funds to address diminishing manufacturing and material shortages for redesign and development, estimated post-production concurrency changes …

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Navy Exercises $204M Option on ERAPSCO Sonobuoy Procurement Contract


ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a $203.7 million contract modification to produce additional sonobuoys for the U.S. Navy. The modification exercises an option on a previously awarded indefinite-delivery/indefinite-quantity contract and covers the procurement of up to 6,000 AN/SSQ-36, 95,000 AN/SSQ-53, 15,500 AN/SSQ-62, 10,000 AN/SSQ-101 …

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Lockheed Martin to Supply Radars for Jordan Under Air Force FMS Deal

lockheed martin

TYSONS CORNER, VA, Oct. 17, 2016 — Lockheed Martin (NYSE: LMT) will provide a gap-filler radar system to Jordan under a potential $41.6 million foreign military sales deal through the U.S. Air Force, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract also covers the supply of two new long-range radars and update to three additional …

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