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Denmark to Move Forward on $3B F-35 Purchase

Denmark will proceed on a plan to purchase 27 F-35A fighter jets for $3 billion total from Lockheed Martin (NYSE: LMT), Reuters reported Thursday. Nikolaj Skydsgaard wrote Denmark becomes the 11th country to purchase the F-35’s conventional takeoff-and-landing variant used by U.S. and international partner air forces. The Danish government recommended the purchase …

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Army Taps Boeing for $667M Apache Helicopter FMS Contract With Qatar

Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and …

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Thomson Reuters Government Conference to be Held on June 9th

On Thursday June 9th Thomson Reuters Special Services will be hosting their Thomson Reuters Government Conference. This thought leadership event will bring together leading experts to address key national security challenges, to include screening and due diligence with regard to border and economic security, supply chain risk pertaining to enforced …

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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

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June 3 Market Close: GovCon Index Holds Marginally Up Against US Stock Declines

The GovCon Index recorded a narrow gain of 0.091 points to 79.018 Friday to post its third consecutive weekly rise as U.S. markets showed caution after the May payrolls report showed 38, 000 jobs created in May to fall well short of economist forecasts. According to CNBC, analysts expected the Labor Department …

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Weekly Roundup May 30 – June 3 2016: FirstNet Contract Award Countdown Begins & more

May 30 – June 3 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The time has come and gone for industry to throw their hats into the ring in pursuit of the contract to help construct the future nationwide broadband network for …

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June 1 Market Close: GovCon Index, US Stocks Inch Upward on Economic Reports

The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested several reports to gauge the country’s economy ahead of Friday’s jobs report and Federal Reserve Chair Janet Yellen’s Monday speech. Lockheed Martin (NYSE: LMT) added $1.85 — or 0.78 percent — despite a downgrade …

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ULA Lands $139M Modification on Atlas V Production Services Contract with USAF

United Launch Alliance has been awarded a $138.7 million contract modification to produce an Atlas V 541 launch vehicle system for the U.S. Air Force. The Defense Department said Tuesday the modification covers Atlas V rocket configuration and mission specific items for the service branch’s four previously ordered missions. ULA,  a joint venture of Boeing (NYSE: BA) and Lockheed Martin …

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May 31 Market Close: GCI Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares

The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent …

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Report: NNSA’s Follow-on $3B Sandia Labs Support Program Draws 15 Firms, 4 Universities

Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary Sandia Corp.‘s current SNL support contract with NNSA is scheduled to expire April 2017. …

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