TYSONS CORNER, VA, April 1, 2016 ” The U.S. Navy has awarded additional funds to General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for the manufacture of two additional Arleigh Burke-class destroyers, ExecutiveBiz reported Thursday. USNI News reported Wednesday General Dynamics Bath Iron Works and Ing...
TYSONS CORNER, VA, April 1, 2016 ” Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), has said the company aims to further market expansion efforts through its merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business, ExecutiveBiz reported Thursday. Krone told Forbes in an interview pub...
A team comprising Raytheon (NYSE: RTN) and DRS Technologies has been awarded a potential $154.4 million contract by the U.S. Army to help develop sensor technology for soldiers to detect targets through fog, Defense News reported Thursday. Jen Judson writes the companies will provide up to 96 3rd Generation FLIR B-Kits to the Arm...
The Defense Microelectronics Activity has awarded positions on a potential $7.2 billion contract vehicle to eight companies to support the agency’s work on new technology insertions and applications for military systems. Contractors will bid for individual task orders over a 10-year ordering period to enginee...
The U.S. Air Force has awarded a $325.8 million delivery order to Boeing (NYSE: BA) for 15, 000 Joint Direct Attack Munitions tail kits under Lot 20. The Defense Department said Thursday the order builds on a previously awarded contract and will include technical and field support services through March 29, 2018. Boeing’s defense, sp...
Lockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy. Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal™s U.S. business will construct an Independence-variant combat vessel (...
Parsons has won a five-year, $63.2 million contract with options to support the Missile Defense Agency‘s warfighter strategic integration directorate in the deployment and integration of missile defense capabilities into the military services. The Defense Department said Thursday Parsons will provide planning, operations, life-cycle and p...
The GovCon Index had its three-day streak of gains halted Thursday with a slight decline of 0.302 points to 74.032 that ends the first quarter of 2016 in the negative as many GCI contractors prepare to detail their January-March financial results. From Dec. 31, the Index has fallen 2.242 percent on volatility in GCI sto...
James Reagan, Leidos Holdings chief financial officer , has been inducted into Executive Mosaic’s Wash100 List of the most influential leaders in GovCon for his leadership in mergers and acquisitions and financial structure. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic...
TYSONS CORNER, VA, March 31, 2016 ” Grant Thornton has hired Dianne Guensberg, formerly assistant director of the financial management and assurance team at the Government Accountability Office, as managing director of its public sector assurance practice, GovCon Executive reported Wednesday. The company said Tuesday Gu...
