Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year™s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in approximately real-time. The basket wil...
Three companies have won positions on a potential five-year, $40M contract to design and engineer various marine platforms for the U.S. Navy. The Puget Sound Naval Shipyard and Intermediate Maintenance Facility received five offers for the multiple-award indefinite-delivery/indefinite-quantity, firm-fixed-price contract via a competitive a...
Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Fulcrum IT Services for an undisclosed sum in a move to grow predictive threat analytics and situational awareness offerings for the government sector. The deal is expected to be completed in February and would add cybersecurity, software development, big data, special op...
Joseph Tofalo, a retired U.S. Navy vice admiral, has been appointed vice president of program integration and assessment at Huntington Ingalls Industries (NYSE: HII). HII said Monday Tofalo succeeds Jay Donnelly, who will transition to a new role as corporate VP of advanced technologies, and will work with government, academ...
Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division has received a $228.8M contract modification to obtain additional materials necessary to build a third Gerald R. Ford-class aircraft carrier for the U.S. Navy. The modification expands the scope of a previously awarded contract for USS Enterprise (CVN ...
General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary has received a potential $922M contract modification to build a fifth Arleigh Burke-class destroyer for the U.S. Navy. The modification has a $910.7M initial value and includes options for the shipbuilder to carry out design budgeting requirements, engineering change propos...
Herman Shelanski, former inspector general of the U.S. Navy, has been named vice president of business development at Huntington Ingalls Industries‘ (NYSE:HII) Newport News Shipbuilding division. The retired vice admiral will report to Newport Shipbuilding President Jennifer Boykin, the company said Thursday. œDuring his tenure, he b...
Consulting firm McAleese & Associates has issued a report that outlines some of the priorities of Navy Secretary Richard Spencer. Spencer said Thursday during a Center for Strategic and International Studies event that the Navy has begun to work with Huntington Ingalls Industries (NYSE: HII) on a possible two-carrier con...
The U.S. Army has revealed a new roster of industry partners under a potential $37.4B contract that covers knowledge-based professional engineering support services to command, control, communications, computers, intelligence, surveillance and reconnaissance programs. The Army Contracting Command received 388 bids for the Responsive Strategic Sourci...
Twelve companies have won positions on a potential five-year, $249M contract from the U.S. Army to support the Joint Program Executive Office for Chemical and Biological Defense. The Army Contracting Command received 21 bids for the firm-fixed-price contract, which runs through Oct. 14, 2023, the Defense Department said Monday. JPEO-CBD is task...
