TYSONS CORNER, VA, July 5, 2017 ” L3 Technologies (NYSE: LLL) has secured $63.5 million in contracts from the U.S. Army to supply hardware and provide engineering technical services in support of Remotely Operated Video Enhanced Receiver technology, ExecutiveBiz reported Monday. The Defense Department said Friday the co...
In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near the top of the GCI...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
Lockheed Martin (NYSE: LMT) has won a spot on a potential seven-year, $409 million indefinite-delivery/indefinite-quantity contract to support a U.S. Air Force program that seeks to research and develop thermal, power and control technologies for air platforms. The Defense Department said Friday the Next Generation Thermal, Power, and Cont...
TYSONS CORNER, VA, June 29, 2017 ” Boeing (NYSE: BA) has helped establish a development research hub at the Georgia Institute of Technology’s Delta Advanced Manufacturing Pilot Facility in efforts to advance industrial automation technologies, ExecutiveBiz reported Wednesday. The company said Tuesday the Boeing Manufacturin...
L3 Technologies (NYSE: LLL) has landed a potential $230 million contract to provide point detonating/delay and multi-option fuzes for U.S. Army mortars. The Army will use company-made M783 and M734A1 fuzes to perform close range and indirect fire support combat operations, L3 said Thursday. Todd Gautier, president of L3̵...
The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at the top. The major indices...
Engility (NYSE: EGL) has received a potential five-year, $119 million contract to support a national-level logistics enterprise resource planning system used at various U.S. Army and Defense Department facilities. The company said Wednesday it will provide subject matter expertise, administrative support, program and product managemen...
Kenneth Saenz, formerly a principal at Booz Allen Hamilton (NYSE: BAH), has been named an executive vice president of management and technology services contractor Allegheny Science & Technology. He will oversee energy market-related programs and help AST identify capability areas to deliver program management support and technologies to industr...
The State Department has approved Australia’s request to buy up to five units of modified Gulfstream G550 aircraft from the U.S. under a potential $1.3 billion foreign military sales agreement. Australia seeks to procure Gulfstream G550 planes that have been modified to integrate airborne intelligence, surveillance, reconna...
