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October 20th Market Close: GovConIndex Up and Major Indices Set New Record Highs

The Executive Mosaic GovCon Index (GCI) closed up for a second day to 109.782 up 0.833 percent. Advancing shares outpaced declining 5 to 1. The three major indices all closed up to set new record highs as the Trump administration draws closer to passing a new tax plan. The S&P500 closed up 0.51 …

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NASA Taps ULA for Potential $154M Landsat 9 Launch Services Contract

United Launch Alliance has secured a potential $153.8 million contract from NASA to provide launch support services for the Landsat 9 satellite. NASA said Friday it expects Landsat 9 to take off aboard the Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture’s Atlas V 401 rocket from Vandenberg …

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SpaceX Lands $97M NASA Contract for Ocean Topography Mission Launch Services

SpaceX has secured a $97 million contract from NASA to launch a satellite that will work to continue a long-term effort to measure the height of the global sea surface. NASA said Friday it expects the Sentinel-6A spacecraft to lift off by November 2020 from Vandenberg Air Force Base, California, aboard SpaceX’s Falcon 9 …

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Fluor to Help Army Engineers Restore Puerto Rico’s Power Grid Under $240M Task Order

Fluor (NYSE: FLR) has received a six-month, $240 million task order to support U.S. Army engineers in efforts to repair the power grid system in Puerto Rico. The company said Thursday it will apply its power management and government contingency support experience to help the Army Corps of Engineers restore transmission and distribution …

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The Bridge on October 22th – Dealing with Rising Seas – Politics and Policy of Climate Change

On October 22nd at 11 am on WJLA; and 6PM on News Channel 8 Host of The Bridge Jim McCarthy – is joined by Ann Phillips, Rear Admiral (Vice Commander), U.S. Navy (Ret.) and Dale Morris, Senior Economist, Embassy of the Netherlands – for a discussion about planning for and …

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October 19th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its three consecutive days of decline to close up 0.150 percent to settle at 108.840. Advancing shares outpaced declining 18 to 12. The three major indices closed mixed for the day with the S&P500 and DJIA climbing to new highs. The S&P500 closed up 0.03 percent …

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Huntington Ingalls Names Matt Needy Newport News Shipbuilding Operations VP

Matt Needy, formerly vice president of the Virginia-class submarine program and fleet services at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been appointed VP of operations at the same division. HII said Wednesday Needy will report to Newport News Shipbuilding President Jennifer Boykin and oversee trade, manufacturing, material …

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Dave Bolcar, Bill Smith Promoted to VP Ranks at HII Newport News Shipbuilding

Huntington Ingalls Industries (NYSE: HII) has promoted two executives to vice president roles at its Newport News Shipbuilding division as part of the company’s business transformation efforts in support of the U.S. Navy. Dave Bolcar, formerly director of the Columbia-class submarine program at the division, will serve as VP of submarine construction …

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Report: Army Taps 4 Firms for Patriot Radar Replacement Concept Design Contracts

The U.S. Army has awarded separate contracts to four companies to develop concept designs that will be used to determine the requirements for a new platform to replace its Patriot air-and-missile defense radar system, Defense News reported Wednesday. Contract recipients include Raytheon (NYSE: RTN), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) …

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Textron Systems to Build Strike Force Vehicles for Army Under $333M Contract

A business unit of Textron Systems (NYSE: TXT) has received a potential seven-year, $332.9 million contract to manufacture 255 mobile strike force vehicles for the U.S. Army. Textron’s marine and land systems business will also provide fielding hardware to the service branch and deploy field representatives to support deprocessing of systems, the Defense Department said Wednesday. …

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