Recent Posts

TransDigm Buys Takata’s Aerospace & Defense Businesses for $90M

Cleveland-based aerospace components maker TransDigm Group (NYSE: TDG) has purchased Takata Corp.’s aerospace and defense businesses as well as related assets and liabilities for approximately $90 million cash. TransDigm said Wednesday the transaction covers Takata’s Schroth Safety Products and Takata Protection Systems businesses. Both businesses will operate under the name Schroth and focus on the design and …

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5 Firms Win Spots on Navy Chief of Information HQ Support Contract

The U.S. Navy has awarded five companies positions on a five-year, $42.6 million indefinite-delivery/indefinite-quantity contract to provide support services to the military branch’s chief of information headquarters and its field activities. The Defense Department said Thursday task orders will cover visual information systems and imagery marketing; media relations; public affairs professional and community …

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Navy Taps 4 Companies for ICT Equipment Supply Contracts

The U.S. Navy has selected four companies to supply a range of information communication technology equipment under low-, medium- and high-risk categories. The Defense Department said Thursday Cypher Analytics and CyberCore Technologies each won a potential $47.5 million contract and that both companies can vie for delivery orders under all risk categories. ALOM Technologies …

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February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

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Air Force Awards $925M in Cryptographic & Info Assurance Tech Support IDIQs

The U.S. Air Force has awarded 12 companies spots on a pair of contracts worth up to $925 million combined over 10 years for lifecycle support and analysis of cryptographic and information assurance platforms. Seven firms will vie for materiel solutions analysis, technology maturation and risk reduction, engineering and manufacturing development, production and product support tasks under …

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NASA Enlists 8 Firms for Small Spacecraft, Launch Vehicle Tech Maturation Program

Eight companies have received contracts worth a combined $17 million to help NASA advance small launch and space vehicle technologies under the second round of the agency’s Utilizing Public-Private Partnerships to Advance Tipping Point Technologies program. NASA said Thursday each contract contains a performance period of two years, technical progress-related milestone fees and a provision for industry …

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Aerojet Rocketdyne Agrees to Buy L3’s Coleman Aerospace Subsidiary; Eileen Drake Comments

Aerojet Rocketdyne Holdings (NYSE: AJRD) has agreed to acquire L3 Technologies‘ (NYSE: LLL) Coleman Aerospace business for $15 million cash in a push to expand the former’s systems engineering and mission analysis expertise. Coleman Aerospace will be renamed “Aerojet Rocketdyne Coleman Aerospace Inc.” upon closure of the deal and is forecast to generate nearly $40 million in …

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February 22 Market Close: GovCon Index Flat, S&P 500 Dips After Fed Minutes

Executive Mosaic’s GovCon Index held flat as the U.S. stock bellwether S&P 500 composite index traded narrowly lower Wednesday after the most recent Federal Reserve meeting minutes indicated a desire among many policymakers to raise interest rates “fairly soon.” GovCon Index advancers slightly edged decliners 16-14 as seven of its 11 S&P 500 components closed green with Huntington …

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