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Tag Archives: Pentagon

Trump Administration Adds $52B to DoD Budget, Seeks Base & Healthcare Savings

The Trump administration’s 2018 budget calls for $640 billion in military spending, $52 billion over current year spending and breaking the current budget caps. Nevertheless, the Pentagon claims it has found “efficiency” savings of $1.2 billion in savings for fiscal year 2018, reports Federal News Radio, and that this will result …

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Billions in Defense Spending to be Withheld Until Trump Submits ISIS Strategy

Of the $15 billion in supplemental wartime spending in the 2017 federal spending bill, $2.5 billion will be withheld until 15 days after the president provides Congress with a strategy to defeat the Islamic State (ISIS). The defense secretary and secretary of state will also be required to update the Armed …

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SpaceX Wins Potential $97M GPS III Satellite Launch Service Contract

SpaceX has won a potential two-year, $96.5 million contract from the U.S. Air Force to help the service branch send a GPS III satellite into orbit. The Defense Department said Tuesday that SpaceX will conduct satellite launch vehicle production, launch operations, mission integration, mission and spaceflight worthiness efforts under the firm-fixed-price contract. DoD noted …

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Weekly Roundup February 27 – March 3 2017: The Potomac Officers Club Hosts A Successful 4th Annual Intel Summit & More

Weekly Roundup February 27 – March 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Potomac Officers Club (POC) hosted its 4th Annual Intel Summit this past Wednesday morning at the Ritz-Carlton Tysons Corner featuring a keynote address from Robert …

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Weekly Roundup December 12 – December 16, 2016: Impending Moves for Boeing Defense, Mark Sopp & more

December 12 – December 16, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week reminded us that change is always a constant in the government contracting arena as we learned of an impending relocation by a large defense contractor and the …

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Weekly Roundup October 31 – November 4, 2016: Final Pre-Election Week Brings News Flurry & more

October 31 – November 4, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In this last full week before a most unusual election, the evolving narrative of a re-shaping government contracting landscape added more chapters as this week’s assortment of stories GovCon Wire covered …

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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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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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August 24 Market Close: GovCon Index Down on McKesson Decline as Health Losses Weigh on US Markets

Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 company to record a gain, while McKesson was …

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Weekly Roundup August 15 – August 19 2016: Leidos Doubles, M&A Wheels Keep Turning & more

August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As if GovCon observers needed reminding, Leidos doubles to $10 …

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