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AF Expands CAE Role in UAS Training Program; Gene Colabatistto, Ray Duquette Comment

TYSONS CORNER, VA September 10, 2015 — CAE (NYSE: CAE) has announced three contract awards worth a combined $120 million, including an order of a C-130J simulator for Lockheed Martin (NYSE: LMT) and magnetic anomaly detectors for Japan, ExecutiveBiz reported Wednesday. The third is a contract modification that involves the provision of more …

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September 9 Market Close: GovCon Index Dips, US Markets Decline in PM Session

The GovCon Index closed down 0.686 points to 72.072 on a day that saw continued volatility in U.S. and global markets despite a rise in equities. All three major U.S. stock indices were up 1 percent at one point in the morning session and receded into negative territory in the 1:00 p.m. Eastern …

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Weekly Roundup Aug 31 – Sep 4 2015: CSC, SRA Unveil Blockbuster Deal & more

Weekly Roundup Aug 31 – Sep 4 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson If you thought the GovCon space was done with or near the end of heavy merger-and-acquisition deals this year, you were wrong. The future Computer Sciences Government Services …

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State Dept OKs Britain’s $3B Apache Helicopter Reburbishment Request

The State Department has approved the U.K’s request to purchase $3 billion in AH-64E Apache Guardian helicopters and associated parts, equipment and logistics services from the U.S. government through a foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the prime contractors for the deal are Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), General Electric (NYSE: …

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Systems Made Simple to Provide IT Support for VA Appointment Scheduling System

Systems Made Simple, a Lockheed Martin (NYSE: LMT) company, will provide support for the Medical Appointment Scheduling System of the Department of Veterans Affairs under a potential seven-year,  $623.6 million contract. A notice posted Tuesday on FedBizOpps stated that the indefinite-delivery/indefinite-quantity award covers information technology services for MASS, which works to ease the …

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August 26 Market Close: GovCon Index Up 3%, 6-Day Decline Streak Over

A six-day stretch of consecutive declines came to an end for the GovCon Index Wednesday as it recorded a gain of 3.208 percent to 71.862. Non-Index company Oshkosh Corp. (NYSE: OSK) closed up 6.67 percent a day after the Army announced the Wisconsin-based military vehicle maker beat Lockheed Martin (NYSE: LMT) and …

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Leidos Lands $450M Transportation Security IDIQ; Sam Gordy Comments

Leidos (NYSE: LDOS) has received a five-year, $450 million contract from the Transportation Security Administration to deploy transportation security systems in a number of facilities. Leidos will work to install passenger and carry-on baggage screening technologies at airports, ports, terminals, cargo facilities and other checkpoints within the East region, Leidos said …

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Army Picks Oshkosh for $7B Joint Light Tactical Vehicle Contract

Oshkosh (NYSE: OSK) has won a much-anticipated potential $6, 749, 799, 374.25 contract to build armored vehicles for the U.S. Army‘s Joint Light Tactical Vehicle program, the service branch’s initiative to replace the Humvee for itself and the Marine Corps. The Army said Tuesday it expects low-rate initial production of the JLTV to start in …

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August 25 Market Close: GovCon Index Gives Back AM Gains, Nears Correction Territory

The GovCon Index‘s streak of declines extended to a sixth consecutive day Tuesday with a gain of 1.297 percent to 69.628 as U.S. stocks also plummeted late in the trading session. GovCon Index and GovCon Wire parent company Executive Mosaic has determined the Index to officially be near correction territory — 10 percent down from …

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Navy Sets October At-Sea Tests for F-35C Onboard USS Eisenhower

TYSONS CORNER, VA August 24, 2015 — The U.S. Navy has set a timetable for the next phase of at-sea testing of the F-35C Lightning II, the carrier variant of Lockheed Martin’s (NYSE: LMT) fifth-generation joint strike fighter, ExecutiveBiz reported Friday. The upcoming sea trials will be held onboard the USS …

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