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TYSONS CORNER, VA, April 5, 2017 ” Boeing (NYSE: BA) will provide an update to the cryptographic module of the U.S. Air Force‘s combat search-and-rescue radio equipment under a $42.6 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the contract covers development, certification, integ...

TYSONS CORNER, VA, April 5, 2017 ” Orbital ATK (NYSE: OA) has begun work to produce hardware for large and intermediate-class space launch vehicles as part of a U.S. Air Force effort to develop rockets that could carry sizable payloads to space, ExecutiveBiz reported Tuesday. The company said Monday it completed design reviews, toolin...

TYSONS CORNER, VA, April 5, 2017 ” Raytheon (NYSE: RTN) will perform technology risk reduction work on the Multi-Object Kill Vehicle platform under a $59.6 million contract from the Missile Defense Agency, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will assist MDA in efforts to build on the performan...

The Executive Mosaic GovCon Index and major markets all closed slightly up as investors remain cautious about the state of the economy. Investors await the outcome of President Trumps meeting with Xi Jinping of China, the jobs report on Friday, and the release of the first quarter earnings results. GovCon Index advancers and decliners clos...

TYSONS CORNER, VA, April 4, 2017 ” SoBran has named Shengmin Sang, a scientist at the North Carolina Agricultural and Technical State University™s Center for Excellence in Post-Harvest Technologies, as the grand prize winner in the Innovation for Impact contest, GovCon Executive reported Monday. The company said Friday&...

TYSONS CORNER, VA, April 4, 2017 ” Lockheed Martin (NYSE: LMT) has awarded an estimated $50 million subcontract to BAE Systems for support to the F-35 fighter jet fleet in the U.K., ExecutiveBiz reported Monday. BAE said Friday it will work with Lockheed to provide engineering, technical, training, maintenance and supply chain ma...

TYSONS CORNER, VA, April 4, 2017 ” Norway’s defense procurement agency has signed a deal for the procurement of five Boeing-made (NYSE: BA) P-8A Poseidon to support military maritime surveillance operations, ExecutiveBiz reported Monday. The agency said Friday the country also plans to buy associated sensors, monitoring and supp...

The Executive Mosaic GovCon Index and major markets all followed the auto stocks down as March reported weak vehicle sales, raising questionsconcerns about economic growth. Investors continue to watch closely developments on the global political and economic front. GovCon Index decliners outpaced advancers 6 to 1. In spite of its Frid...