Category: News

DRS Wins $339M Army Contract to Build Handheld Joint Targeting SystemContract Awards

DRS Wins $339M Army Contract to Build Handheld Joint Targeting System

DRS Technologies has won a potential five-year, $339.3 million contract from the U.S. Army to support the military service’s Joint Effects
Postal Service Taps 6 Firms for Delivery Vehicle Prototyping ContractsContract Awards

Postal Service Taps 6 Firms for Delivery Vehicle Prototyping Contracts

The U.S. Postal Service has awarded contracts worth $37.4 million combined to six companies to produce a total of 50 prototype next-generation
Torch Technologies Lands $63M Test Provisioning Support Contract With MDAContract Awards

Torch Technologies Lands $63M Test Provisioning Support Contract With MDA

Torch Technologies has won a potential five-year, $62.8 million contract to provide advisory and assistance services for the Missile Defense
September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains,  KBR Joins GCI After Govt Services AcquisitionsFinancial Report

September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains, KBR Joins GCI After Govt Services Acquisitions

Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to
Jim Chilton Promoted to Boeing Network & Space Systems Business PresidentExecutive Moves

Jim Chilton Promoted to Boeing Network & Space Systems Business President

  Jim Chilton, vice president of strategic missiles and defense systems at Boeing (NYSE: BA), has been promoted to president
State Dept Clears $2B Sale of Boeing KC-46A,  Raytheon & Northrop Components to JapanContract Awards

State Dept Clears $2B Sale of Boeing KC-46A, Raytheon & Northrop Components to Japan

The State Department has given Japan the go-ahead to purchase the Boeing-built (NYSE: BA) KC-46A Pegasus tanker aircraft and related support from the U.S.
ADP Vet Mark Benjamin Joins NCR as President,  COO; Bill Nuti CommentsExecutive Moves

ADP Vet Mark Benjamin Joins NCR as President, COO; Bill Nuti Comments

Mark Benjamin, a 24-year veteran of human resources management firm Automatic Data Processing (Nasdaq: ADP), has been named president and chief
Air Force Exercises $395M Lockheed Contract Option for 9th & 10th GPS III SatellitesContract Awards

Air Force Exercises $395M Lockheed Contract Option for 9th & 10th GPS III Satellites

Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning
Navy Awards Raytheon $255M Contract to Build Joint Precision Approach,  Landing SystemContract Awards

Navy Awards Raytheon $255M Contract to Build Joint Precision Approach, Landing System

Raytheon (NYSE: RTN) has received a potential six-year, $254.6 million contract to design, build, integrate and test a Joint Precision Approach and Landing
L-3 to Produce Submarine Passive Sonar Receivers Under Potential $238M Navy ContractContract Awards

L-3 to Produce Submarine Passive Sonar Receivers Under Potential $238M Navy Contract

L-3 Communications (NYSE: LLL) has been awarded a potential $238.2 million contract by the U.S. Navy to develop and manufacture passive sonar receiver technology