The U.S. Navy has awarded positions to 12 companies on a five-year, $800 million contract to prototype radio frequency components for electronic warfare, communications, radar and information operations. The Defense Department said Monday contractors will vie for task orders to research, design, fabricate, integrate and test open...
Honeywell International (NYSE: HON) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported first quarter earnings and revenue above Wall Street’s expectations on higher aerospace repair and overhaul volume and growing automation and control systems sales in China. The Morris Plains, N.J....
Ball Aerospace and Technologies (NYSE: BLL) has been awarded a potential $421 million contract modification by the National Oceanic and Atmospheric Administration to deliver ozone-monitoring instruments for the Joint Polar Satellite System follow-on JPSS-3 and JPSS-4 missions. Ball Aerospace said Friday it will manufacture, ...
General Dynamics (NYSE: GD) and EOIR Technologies have been awarded contracts worth a combined $49 million to provide software engineering lifecycle support services to the U.S. Army. The Army Contracting Command will allocate funds and provide work locations to the companies upon issuance of individual task orders, the Defe...
April 11 – April 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among companies in the government services sector over the last half-decade has inevitably led market observers to ponder the prospects of merger-and-acquisition deals between the la...
Data Device Corp. has agreed to acquire a Maxwell Technologies (NASDAQ: MXWL) subsidiary that manufactures microelectronic components for satellites and space vehicles. Vincent Buffa, DDC president and CEO, said in a statement published Tuesday acquiring Maxwell’s microelectronics business is part of DDC’s push to expand into...
A United Technologies Corp. (NYSE: UTX) subsidiary has received a $1.04 billion contract modification to manufacture the ninth batch of F-35 propulsion systems for U.S. and foreign military customers. Pratt & Whitney will produce parts and components of 28 F135-PW-100 systems for the U.S. Air Force, six F135-PW-600 systems for the U.S. Mari...
Darius Adamczyk, a former business unit chief executive at Honeywell (NYSE:HON), has been appointed to the newly-created president and chief operating officer role where he will report to Chairman and CEO Dave Cote and have responsibility over all of the global conglomerate’s operating units. The company said Monday Rajeev Gauta...
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 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...
