Search Results for: Northrop

USNI News: Lockheed to Secure Combat Mgmt System Contract for Navy’s Future Frigates

The Naval Sea Systems Command has announced plans to award a contract to Lockheed Martin (NYSE: LMT) to provide a common combat management platform for future frigates, USNI News reported Wednesday. Megan Eckstein writes the service branch’s intention to award the sole-source contract to Lockheed comes after its decision to …

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Air Force Picks 22 Companies for $490M Contract Under ‘Agile Acquisition’ Program

The U.S. Air Force has awarded spots on a $490 million indefinite-delivery/indefinite-quantity contract under the Agile Acquisition program to 13 large businesses and nine small businesses. The Defense Department said Thursday the contract covers pre-program, technology development, engineering, manufacturing and production activities for new-build or modified systems. Ten large business and 13 …

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August 19 Market Close: GovCon Index, US Stocks Decline as Fed Minutes Go Public

The GovCon Index reflected across-the-board declines in U.S. markets Wednesday to record a decline of 0.493 points and close at 76.755. U.S. stocks recovered some losses incurred during the morning session after the Federal Reserve released its July meeting minutes that said economic conditions to precede an interest rate increase in September have not …

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Eric Wieman Joins A-TEK as COO, EVP; Kathryn Freeland Comments

Eric Wieman, formerly senior vice president and general manager of the civil sector at STG, has joined Maryland-based information technology contractor A-TEK as chief operating officer and executive VP. Wieman will collaborate with A-TEK CEO Kathryn Freeland in tactical and policy framework implementation, A-TEK said Monday. He will also oversee corporate development, operations …

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3 Firms Awarded DHS R&D Work on Authentication Tech for Mobile

TYSONS CORNER, VA August 17, 2015 — The Department of Homeland Security has awarded HRL Laboratories, Northrop Grumman and United Technologies Research Center contracts worth nearly $5 million to research and develop a secure authentication tool for mobile devices, ExecutiveBiz reported Friday. FedScoop said the DHS Science and Technology directorate …

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Weekly Roundup Aug 10 – Aug 14 2015

Weekly Roundup Aug 10 – Aug 14 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Second quarter earnings season has concluded for many GovCon firms and all five of the industry’s most notable U.S.-based identities reported results that surpassed Wall Street analyst forecasts. …

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25 Contractors Win Spots on $21B Air Force Training Systems IDIQ

The U.S. Air Force has awarded positions on a $20.9 billion multiple-award contract to 25 companies to support warfighter training systems at USAF operating locations globally. The Defense Department said Tuesday contractors will compete for individual orders to perform design, development, production, installation, analysis, integration, test and sustainment services under …

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Air Force Awards Three JSTARS Prototyping Contracts

Three industry teams have received $31.4 million in contracts to help the U.S. Air Force develop prototypes and risk reduction strategies for its future Joint Surveillance Target Attack Radar System aircraft, Defense News reported Friday. Aaron Mehta writes the military service awarded $9.9 million to Boeing (NYSE: BA), $10 million …

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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million …

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State Dept OKs $335M Aircraft IR Countermeasure Sale to UAE

The State Department has approved a potential $335 million foreign military sale of AN/AAQ 24(V) directional infrared countermeasure systems for the United Arab Emirates’ head of state aircraft. The Defense Security Cooperation Agency said Wednesday that UAE ordered four airborne DIRCMs and a total of 60 small laser transmitter assemblies, …

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