Gulfstream Aerospace has been awarded a $91.9 million contract to produce one G-550 Green aircraft with modifications for airborne early warning function for the U.S. Navy. The Defense Department said Friday Gulfstream will manufacture the aircraft in Savannah, Georgia, with a completion date of December 2018. The G550 cockpit features a t...
Exelis has received an $88.3 million contract modification to produce and deliver onboard electronic jammer systems for the U.S. Navy™s F/A-18C/D/E/F aircraft. The Defense Department said Friday the award exercises a contract option for 48 full-rate production Lot 13 of the AN/ALQ-214 integrated defensive electronic countermeasur...
Georgia Tech Research Institute has landed a $84.5 million sole-source contract from the U.S. Navy to conduct research as a Defense Department university affiliated research center. DoD said Thursday the indefinite-delivery/indefinite-quantity contract requires studies on command, control, communications, computers, intelligence and c...
The GovCon Index closed Friday with a gain of 1.417 percent to 75.314. With Friday’s performance, the Index is on its third consecutive day in positive territory. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change I Intelsat 2.60 0.12 +4.84% MCK McKesson Corp.* 158.31 6.62 +4.36% VEC Vectrus Inc. 22...
Executive Mosaic, Tysons Corner, VA March 18, 2016 — Figueredo, Hewlett Packard Enterprise vice president and segment leader for consulting and intelligence community unit, has been inducted into Executive Mosaic™s Wash100 list of most influential leaders in GovCon for his work in the intelligence market. The Wash100 is th...
The GovCon Index continued it positive trend for the third consecutive day closing up 1.417% to 75.314. According to Bloomberg, the Dow and S&P 500 closed Friday in positive territory for 2016. Strong performance from emerging market stocks, and oil prices helped prop up stock prices. Top GovCon Index Gainers Symbol Company $ Current Price ...
Lockheed Martin (NYSE: LMT) has received a $197.6 million contract modification to design and test computer program baselines for the U.S. Navy™s Aegis combat system. The company will also provide integration and delivery services for related technology insertion hardware design for the next build, the Defense Department said Wednesday. Lockhee...
TYSONS CORNER, VA, March 18, 2016 ” Iron Mountain (NYSE: IRM) will purchase renewable energy from New Jersey Resources™ Ringer Hill wind turbines in an effort to save $500, 000 a year, ExecutiveBiz reported Thursday. Iron Mountain said Tuesday the power purchase agreement will run for 15 years and works to provide electricity to the...
TYSONS CORNER, VA, March 18, 2016 ” Lockheed Martin (NYSE: LMT) has incorporated 3D printing technology as part of the company’s efforts to decrease satellite development time by 40 percent and reduce total spending, ExecutiveBiz reported March 8. “Ultimately [the government] is going to go to a new architecture, so by reducing...
TYSONS CORNER, VA, March 18, 2016 ” Intel Security (Nasdaq: INTC) and DLT Solutions will form a cyber laboratory within the DLT Innovation Center as part of their efforts to provide help to federal agencies facing cybersecurity challenges, ExecutiveBiz reported Thursday. “The federal government is projecting to spend $19B in the...
