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Tag Archives: Harris

Harris to Build Narrowband Soldier Radio Waveform for DoD

TYSONS CORNER, VA, Jan. 17, 2017 — Harris (NYSE: HRS) has received a three-year contract from the National Spectrum Consortium to build a narrowband configuration of the Defense Department‘s open-standard voice and data waveform, ExecutiveBiz reported Friday. The company said Wednesday the narrowband mode for the Soldier Radio Waveform will work to extend the …

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Harris to Provide Electronic Warfare Systems for Morocco’s F-16 Fleet; Ed Zoiss Comments

TYSONS CORNER, VA, Jan. 12, 2017 — Harris (NYSE: HRS) will provide electronic warfare systems for the Moroccan air force’s fleet of F-16 fighter jets as part of a potential $91 million contract from the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said Tuesday it will provide its AN/ALQ-211 Advanced Integrated …

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Harris to Supply Tactical Radio Spare Parts to Army, DLA Under $403M IDIQ

Harris (NYSE: HRS) has been awarded a potential five-year, $403.3 million contract to provide tactical radio system spare parts to the U.S. Army and the Defense Logistics Agency. The company will perform work under the indefinite-delivery/indefinite-quantity contract in New York through Jan. 5, 2022, the Defense Department said Friday. DLA will finance the procurement with Army and defense …

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SpeedCast International Closes CapRock Communications Business Buy

Global satellite services company SpeedCast International has completed its $425 million cash acquisition of the CapRock Communications business from Harris (NYSE: HRS). Harris said Tuesday it will use proceeds from the sale to reduce debt and return more cash to shareholders. CapRock was part of the Melbourne, Florida-based military radio manufacturer’s critical networks segment and offers managed satellite, …

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December 27 Market Close: GovCon Index Lifts to Start 2016’s Last Trading Week

Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eight of its 11 S&P 500 …

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State Dept OKs $1.75B Sale of P-8A Patrol Aircraft, Support to Norway

The State Department has approved Norway’s request to buy Boeing-built (NYSE: BA) P-8A patrol aircraft and associated support under a $1.75 billion foreign military sales agreement  with the U.S. government. Norway asked to purchase up to five P-8A aircraft with commercial engines, tactical open mission software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)1 acoustic …

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December 20 Market Close: GovCon Index Lifts on HII & Aerospace Climbs, Dow Closer to 20K

Executive Mosaic’s GovCon Index rose Tuesday with help from shipbuilder Huntington Ingalls Industries (NYSE: HII) and other large aerospace prime contractors as U.S. stocks also traded higher with financials the top gainers and the Dow Jones Industrial Average in touching distance of 20,000. GovCon Index gainers edged decliners by a 2-to-1 ratio …

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December 9 Market Close: GovCon Index Rises, Posts 6th Straight Weekly Gain

Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent …

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Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for …

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December 6 Market Close: GovCon Index Up on Continued Mid-Tier Defense, Services Gains

Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks …

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