GovCon Wire Your Direct Source for Government Contracting News

U.S. Special Operations Command’s top unfunded priority is to equip C-130s with lasers, according to Lt. Gen. Brad Webb of Air Force Special Operations Command. Currently, command has money for only “the first steps” of the project, he said. AFSOC wants to install a moderately low kilowatt laser in order to …

Three companies have won spots on a potential eight-year, $300 million contract for product development and sustainment services to the U.S. Navy‘s program executive office for enterprise information systems. The Navy received 20 offers for the small business set-aside contract via an online solicitation and provided $10,000 to each of …

Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clearwater, Florida; and Owego, New York …

The Executive Mosaic GovCon Index (GCI) was able to remain above the 98.00 mark and closed at 98.192, up 0.014 percent. The major indices closed mixed on the day the S&P500 and DJIA down slightly and the NASDAQ Composite setting new record highs for the third day. Crude oil ended the day …

The number of Americans filing for unemployment benefits fell to their lowest level in nearly five months last week to a seasonally adjusted 233,000. This level was lower than anticipated, as economists had predicted claims falling to 245,000. Last month 222,000 jobs were created, swelling payrolls to their second biggest …

From the drone that crashed into a San Diego Padres baseball game earlier this year and nearly hit several fans, to the drone that invaded the lawn of the White House, it is clear that there is commercial viability for options that can prevent unwanted drone trespassing, as well as a need for legislation …

Christopher Kubasik, president and chief operating officer of L3 Technologies (NYSE: LLL), has been elected to serve as president, CEO and a board member of the company in a move that takes effect Jan. 1. He will succeed the retiring Michael Strianese, who will continue to serve as executive chairman …

CGI (NYSE: GIB) has received multiple contracts worth $92.5 million combined to provide support services for four initiatives of the U.S. Army Aviation and Missile Command. The company said Wednesday it will provide software development and acquisition process services for the Multiple Launch Rocket System Precision Guided Munitions program in …

Ronnie Chronister, formerly director of Army, cyber and missile defense programs at Dynetics, has been named vice president of contracts at the Huntsville, Alabama-based engineering, applied science and information technology contractor. He will succeed Sallie Patterson, who will retire from Dynetics after a 19-year career there, the company said Wednesday. Chronister has a more than 32-year …

General Electric (NYSE: GE) has won a position on a potential $409 million U.S. Air Force contract to research and develop thermal, power and controls systems for aircraft engines and airframes. The Defense Department said Wednesday the Next Generation Thermal, Power, and Controls program is a multi-agency and industry effort that seeks …