December 4 Market Close: GovCon Index Loses Ground, Investors Await Labor Report

GovConIndex
The GovCon Index retreated Thursday by 0.223 percent — or 0.157 points — to close at 70.676, a figure that keeps the index in positive territory from the previous week. Investors reacted to the European Central Bank’s decision to not take any action on a potential stimulus until at least early next year and will have their eye on Friday’s employment report from the Labor...

Harris Receives $160M Tactical Radios Order from Canada; Brendan O’Connell Comments

Brendan O'Connell
Brendan O’Connell Harris Corp. (NYSE: HRS) has won a potential four-year, $160 million contract to provide Canada’s armed forces with radio products designed to transmit voice, imagery and data in the battlefield. The Canadian military will receive Harris’ AN/PRC-152A and AN/PRC-117G wideband handheld and manpack radios as well as high-frequency RF-7800H tactical radios, Harris said...

October 16 Morning Report: GovCon Index Enters Day at Half-Percent Decline

GovConIndex
The GovConIndex will enter Thursday’s trading day at 62.418 points — down 0.367 points from Wednesday’s figures, or a decline of 0.592 percent. CNBC reports that more economic data will become public on Thursday, such as the weekly jobless claims numbers, industrial production figures, the Philadelphia Federal Reserve survey and the National Association of Home Builders’...

George Helm: Harris Gets 2nd DoD Order for Falcon III Multichannel Manpack Radio

George Helm
George Helm Harris Corp. (NYSE: HRS) has received another order from the Defense Department for its Falcon III multichannel manpack radios to support the agency’s Handheld, Manpack and Small Form Factor tactical radio program. George Helm, president of Harris RF Communications‘ DoD business, said Friday the RF-340M is expected to help bolster mission command and situational awareness...

DISA Taps Harris for Potential $450M Crisis Mgmt System Support IDIQ

NGENGlobe
The Defense Information Systems Agency has selected Harris Corp. (NYSE: HRS) to help manage and maintain a teleconferencing system used by government leaders for video and Voice over Secure Internet Protocol phone communications under a potential 10-year, $450 million contract. The Defense Department said Thursday that the indefinite-delivery/indefinite-quantity hybrid contract contains one base year and nine...

Navy Increases Harris’ SATCOM Terminal Contract Ceiling to $250M; Ed Zoiss Comments

Harris Corp. (NYSE: HRS) will deliver 120 shipboard satellite communications terminals to the U.S. Navy under an eight-year, $133 million contract. This award increases the total potential value of the Commercial Broadband Satellite Program Unit Level Variant contract to more than $250 million through 2022, Harris said Monday. Ed Zoiss, vice president and general manager of defense programs for Harris...

Army Hands Potential $1B Radio Deal to Exelis, General Dynamics, Harris and Thales

ManpackRadio
Four companies have won positions on a potential 10-year, $988 million contract with the U.S. Army to manufacture radio appliques for usage by brigade combat teams. The Army Contracting Command’s office in Aberdeen, Md. received six bids for the firm-fixed-price contract via the Internet, the Defense Department said Wednesday. Single-channel Soldier Radio Waveform Appliques are intended to be...

Harris, Phacil Team to Update Space Launch Range Comm Network

Space Launch System
A consortium of companies such as Harris Corp. (NYSE:HRS) and Phacil has been awarded a three-year contract to update a network the Air Force uses to support voice and data transfers during space launch activities. Harris and Phacil will update the rocket test and launch communications infrastructure on the Eastern Range at Patrick Air Force Base in Florida, Harris said Monday. The multi-million dollar...

Neal Tomblyn Joins Capstone Corporation as SVP of Business Development; Rich White Comments

Neal Tomblyn
Neal Tomblyn Neal Tomblyn has joined Capstone Corporation’s executive team to oversee the company’s growth and marketing strategy as senior vice president of business development, marketing and communications. The more-than-35-year business development and marketing leader most recently served as director of business development for Lockheed Martin‘s transportation solutions business,...

Mick Lopez Joins Harris as SVP, CFO

Miguel Lopez
Mick Lopez Miguel “Mick” Lopez, a 30-year financial leadership veteran, has joined Harris Corp. (NYSE: HRS) as senior vice president and chief financial officer. He will report directly to President and CEO William Brown and succeed Gary McArthur, who will step down from both positions to pursue other career opportunities, Harris said Tuesday. Prior to joining Harris, Lopez served as...