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The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.508 percent to settle at 98.841. Declining shares outpaced advancers 5 to 1. The major indices closed down today with the S&P500 declining by 0.18 percent to 2,425.55, while DJIA dropped by 0.35 percent to 21,674.51, and the NASDAQ Composite fell by 0.09 percent …

Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick …

A joint venture of Granite Construction and Obayashi has received a potential $164.9 million contract from the Naval Facilities Engineering Command to provide design-build services for the future Marine Corps Base in Guam, Stars and Stripes reported Friday. The Granite-Obayashi JV will help the service branch prepare a potential 400-acre site for the …

Thales Group has secured a potential 35-year, $4.13 billion contract to provide in-service support to the Canadian navy’s fleet of Arctic offshore patrol and joint support ships. The contract has an eight-year base period valued at $633 million and work will include refit, repair, maintenance and training services, Thales said Thursday. The …

Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, through 2025. Northrop …

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two years after the country’s cabinet gave …

Four companies have won spots on a potential five-year, $235 million contract to support the U.S. Navy‘s munitions response, range sustainment and environmental remediation efforts. The Defense Department said Thursday 10 proposals were submitted to the Naval Facilities Engineering Command for the multiple-award, indefinite-delivery/indefinite-quantity contract via an online solicitation. Contractors can …

Raytheon (NYSE: RTN) has received a potential $104.9 million to produce, test and engineer Griffin missile systems for the U.S. Air Force. The Defense Department said Thursday Raytheon’s missile systems unit will supply all variants of the Griffin standoff precision guided munition technology under the indefinite-delivery/indefinite-quantity contract. Griffin functions as a ground- or an air-launched weapon …

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 1.443  percent to settle at 99.287. Declining shares outpaced advancers 28 to 2. The major indices closed down today with the S&P500 falling 1.54 percent to 2,430.01, while DJIA dropped by 1.24 percent to 21,750.73, and the NASDAQ Composite decreased by 1.94 percent to …

Frederick Nohmer, formerly vice president of operations at IAP Worldwide Services‘ global support services division, has been named chief operating officer of Janus Global Operations. JGO said Thursday Nohmer will be responsible for the day-to-day operations of the logistics and stability services contractor’s projects in approximately 20 countries. He held …