Eric Strafel, a former vice president in the military aircraft business at Boeing (NYSE:BA), will transition into a new role as president and CEO of the airplane maker’s supply chain management services subsidiary Aviall., the companies said Friday. Dallas-based Aviall provides new aviation parts and other aftermarket services t...
The State Department has cleared a potential $3.2 billion foreign military sales agreement for the U.K. to procure Boeing-built (NYSE: BA) P-8A maritime surveillance planes and related equipment and support services from the U.S. The U.K. ordered nine Poseidons in an effort to supplement patrol and reconnaissance missions of the British mi...
Lockheed Martin (NYSE:LMT) has received a $180 million contract modification from the U.S. Navy to continue procurement of F-35 aircraft parts. The Defense Department said Thursday the modification builds on the advance acquisition contract awarded in December 2015 for long-lead-time materials, components and parts for the low-rate in...
John Hartley, an executive vice president and chief financial officer of Science Applications International Corp. (NYSE: SAIC), is set to depart the company by the end of June after a 15-year career there. He said in a statement published Thursday he is leaving the McLean, Virginia-based government services contractor to spend more ti...
Lockheed Martin (NYSE: LMT) has received a $1.5 billion contract modification to fund the procurement of C-130J aircraft for the U.S. Air Force. The Defense Department said Thursday the contract represents full funding for the procurement of long-lead items the Air Force ordered along with 28 fiscal 2016 C-130J. The covered aircraft are&nb...
Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have secured contracts worth $130.3 million combined to help reduce radar risks for the U.S. Air Force‘s Joint Surveillance Target Attack Radar System Recapitalization program. The service branch awarded $70.3 million to Northrop’s systems business and $60 mil...
A General Dynamics (NYSE: GD) unit has been awarded a $549.9 million contract to supply Stryker armored vehicles to the U.S. Army. General Dynamics Land Systems is scheduled to complete the task by Feb. 28, 2019, the Defense Department said Thursday. Stryker is an eight-wheeled and medium-weight armored vehicle that incorporates a weapon s...
The Defense Health Agency has awarded a McKesson Technologies subsidiary a $139 million contract for continued Military Health System patient engagement and interoperable secure messaging subscriptions. RelayHealth will provide 11, 725 MHS physicians, physical and occupational therapists, dentists and other medical providers with...
The Defense Intelligence Agency has awarded seven companies spots on a $75 million contract to provide financial management and related support services to DIA’s directorate of the chief financial officer. The multiple-award contract vehicle was competitively procured with 17 proposals received, the Defense Department said Friday. DIA’s ...
The GovCon Index lagged for a third consecutive trading session Thursday to end at a decline of 0.412 points to 74.640 on the week’s final day of trade as U.S. financial markets are closed on Good Friday. Thursday’s close puts the Index at a decline of 1.207 percent on a weekly basis to end the GCI̵...
