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Tag Archives: military

June 29 Market Close: GovCon Index Extends Post-Brexit Shock Reversal as Primes Lead Surge

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Executive Mosaic’s GovCon Index staged a second consecutive session of recovery Wednesday from the post-Brexit shock that loomed over global financial markets during the prior two trading days with McKesson Corp. (NYSE: MCK) as the top driver of gains with the prime defense stocks and platform also top performers. The GovCon …

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AAP: Raytheon Selected for $218M Australia Test Range System Update Contract

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Raytheon’s (NYSE: RTN) subsidiary has been awarded an estimated $218 million contract to update monitoring and sensor systems at the Woomera test range in the country’s southern region, Australian Associated Press reported Monday. Max Blenkin writes the 47,177-square-mile military facility currently houses missiles, unmanned aircraft and manned aircraft used for test exercises carried out by …

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Clark Construction Group to Build Army Fort Meade Office Building for $616M

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Clark Construction Group has won a $616.3 million contract to construct a multi-story office building for the U.S. Army at Fort Meade, Maryland. The company is tasked to complete the construction work by Aug. 11, 2020, and could perform additional tasks through options under the contract, the Defense Department said Friday. The firm-fixed-price …

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IBM Vet Jennifer Chronis Joins Amazon Web Services to Lead DoD Business

Jennifer Chronis

Jennifer Chronis, a former vice president in IBM‘s (NYSE: IBM) federal business and 15-year “Big Blue” veteran, has joined cloud computing services contractor Amazon Web Services as general manager for the Defense Department market, AWS has confirmed to GovCon Wire. Chronis will oversee accounts related to the four U.S. service branches and all DoD organizations …

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Parsons Inks Pledge of Support for Guardsmen, Reservist Employees; Mary Ann Hopkins Comments

Mary Ann Hopkins

TYSONS CORNER, VA, May 3, 2016 — Parsons has pledged its support for employees who are members of the U.S. National Guard and Army Reserve forces under an agreement with the Defense Department‘s Employer Support of the Guard and Reserve office, GovCon Executive reported Friday. The company said Thursday it signed a …

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Parsons Wins $63M MDA Capability Integration Contract

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Parsons has won a $63.2 million contract to support the Missile Defense Agency‘s warfighter strategic integration directorate in the deployment and integration of missile defense capabilities into the military services. The Defense Department said Thursday Parsons will provide planning, operations, life-cycle and performance management, readiness, maintenance, transition, program and strategic support …

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DLA Taps Zimmer for $381M Orthopedic Products Supply IDIQ

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Zimmer US Inc. has received a potential five-year, $380.98 million order from the Defense Logistics Agency to provide orthopedic supplies to the four U.S. military branches and federal civilian agencies. The contract contains a one-year base period and four one-year options and the agency will use defense working funds from fiscal year 2016 through …

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General Atomics to Buy Ducommun’s Aerospace, Defense Tech Services Business

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General Atomics has agreed to acquire aerospace and defense technical services business Miltec from electronics manufacturing company Ducommun for approximately $14.6 million cash. The transaction is subject to customary closing terms and is intended to increase General Atomics’ technical expertise in developing small satellites, hypersonic vehicles and similar platforms, General Atomics said …

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DCMA Head Wendy Masiello: Agency Seeks Increased Small Business GovCon Participation

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The Defense Contract Management Agency is working on ways to help small businesses increase their participation in the government contracting market and gain an education on the sector prior to their entry, DCMA’s director told the Potomac Officers Club Thursday. Air Force Lt. Gen. Wendy Masiello told a GovCon and …

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State Dept Clears Lithuania’s $55M Raytheon-Lockheed Javelin Missiles Purchase Request

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The State Department has approved the sale of Javelin missiles worth $55 million to Lithuania under a foreign military sales agreement with the U.S. government. Lithuania ordered 220 Javelin missiles, 10 Javelin fly-to-buy missiles and 74 Javelin command launch units from the U.S. government, the Defense Security Cooperation Agency said …

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