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USAF Adds Textron Subsidiary, General Atomics to $499M Aerospace Vehicle R&D IDIQ

A Textron Systems (NYSE: TXT) subsidiary and a General Atomics business unit have won spots on a potential eight-year, $499 million contract to help the U.S. Air Force research and develop aerospace vehicle platforms for warfighters. AAI Corp. and General Atomics Aeronautical Systems will perform work at their respective facilities in Maryland …

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Elbit Systems Secures $93M F-5 Aircraft Upgrade Contract From APAC Customer

Elbit Systems has received a potential three-year, $93 million contract to modernize a fleet of F-5 fighter aircraft for an undisclosed Asia-Pacific country. The company said Tuesday the upgrade will cover head-up displays, advanced cockpit, radars, DASH IV head mounted systems and weapon delivery and navigation systems. Yoram Shmuely, general manager of …

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L3 Forms Intell & Mission Systems Sector, Names Greg Roberts President

L3 Technologies (NYSE: LLL) has launched an intelligence and mission systems sector that comprises the defense contractor’s Micreo, Oceania and TRL Technology subsidiaries. The IMS sector aims to leverage complementary technology platforms and processes of all three units as well as their engineering and technical expertise to serve government customers, L3 said …

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August 28th Morning Report: Friday Close – GovCon Index and Markets End The Week Up

The Executive Mosaic GovCon Index (GCI) closed up for the week gaining 0.845 points to 99.871 posting the largest gain in three weeks. The major indices closed the week in the positive. The S&P500 advanced on the week by 0.70 percent to 2,443.05, while DJIA gained 0.69 percent to  21,813.67, and the NASDAQ Composite …

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August 25th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued its upward direction to close up 0.247 percent to 99.871. Advancing shares outpaced declining 2 to 1. The major indices closed mixed with modest movement. The S&P500 moved ahead by 0.17 percent to 2,443.05, while DJIA gained 0.14 percent to  21,813.67, and the NASDAQ Composite closed down by …

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Executive Mosaic’s Weekly GovCon Round-up: August’s Private Sector Executive Moves

Weekly Roundup August 21 – August 25 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This August the GovCon industry has experienced a great deal of executive moves. As the month comes to a close, let’s take a look at some of the …

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August 22nd Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued on its upward direction to close at 100.305 up 1.202 percent. Advancing shares outpaced decliners 6 to 1. Navistar International, ManTech International, AECOM, and SAIC all closed up more than 2.0 percent on the day. The major indices all closed up on the speculation that the Trump administration may be gaining some traction on …

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Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week

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 …

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Air Force Adds Lockheed to $499M Aerospace Platform R&D Contract

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 …

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August 14th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its upward trend from the 11th to close up 1.229 percent to 101.260. Advancing shares outpaced decliners 24 to 6. The major indices closed up today with the S&P500 advancing 1.00 percent to 2,465.84, while DJIA moved up by 0.62 percent to 21,993.71, and the NASDAQ Composite increased by 1.34 percent to 6,340.23. Crude oil …

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