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Category: News

April 10 Market Close: GovCon Index Moves Up,  GE Restructure News Drives US GainsFinancial Report

April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General
Boeing Purchases OMG’s Motion Imagery Software Business; Steve Nordlund,  Ryan Hartman CommentM&A Activity

Boeing Purchases OMG’s Motion Imagery Software Business; Steve Nordlund, Ryan Hartman Comment

Boeing (NYSE: BA) has bought OMG subsidiary 2d3 Sensing for an undisclosed amount to integrate 2d3’s full motion video processing
Lockheed Awarded $150M to Test,  Field F-35 Mission Data FilesContract Awards

Lockheed Awarded $150M to Test, Field F-35 Mission Data Files

Lockheed Martin (NYSE: LMT) has received a $150, 609, 953 contract modification from the U.S. Navy to develop, test and deploy
Northrop to Update Marine Helicopter Software,  HardwareContract Awards

Northrop to Update Marine Helicopter Software, Hardware

Northrop Grumman Corp. (NYSE: NOC) has been awarded an $83, 738, 954 contract to develop and update mission computer software
Bechtel to Continue Operations at Pueblo Chemical Weapons Destruction PlantContract Awards

Bechtel to Continue Operations at Pueblo Chemical Weapons Destruction Plant

Bechtel has received a $1, 340, 391, 614 contract modification to extend the company’s design, operations and pilot testing work
April 9 Market Close: GovCon Index,  US Stocks Flat on Quiet Trading DayFinancial Report

April 9 Market Close: GovCon Index, US Stocks Flat on Quiet Trading Day

The GovCon Index struggled for direction Thursday as it recorded a nominal loss of 0.014 points to close at 69.263. U.S. markets were relatively
DOE Taps Intel,  Cray for $200M Supercomputer Project at Argonne Nat’l LabContract Awards

DOE Taps Intel, Cray for $200M Supercomputer Project at Argonne Nat’l Lab

Intel (NASDAQ: INTC) and Cray (NASDAQ: CRAY) will collaborate with the Energy Department to build a new $200 million supercomputing
DRS Lands Potential $440M in Navy Submarine Electronic,  Comm Tech IDIQsContract Awards

DRS Lands Potential $440M in Navy Submarine Electronic, Comm Tech IDIQs

DRS Technologies will build new electronic equipment and update voice communications systems on U.S. Navy vessels under two contracts worth up
CAE Books $176M in Q4 Flight Simulator,  Training Support Contracts; Gene Colabatistto CommentsContract Awards

CAE Books $176M in Q4 Flight Simulator, Training Support Contracts; Gene Colabatistto Comments

CAE has been awarded approximately $175.6 million in contracts from U.S. and international defense customers during the fourth quarter of
Army Orders $495M in Rockwell Collins Helicopter Software,  System ServicesContract Awards

Army Orders $495M in Rockwell Collins Helicopter Software, System Services

The U.S. Army has awarded a five-year,  $494, 999, 925 order dependent contract to Rockwell Collins (NYSE: COL) for software and