The State Department has approved Kuwait’s request to buy equipment and support services for the recapitalization of 218 General Dynamics-built (NYSE: GD) Abrams M1A2 main battle tanks under a potential $1.7 billion foreign military sales agreement with the U.S. government. The Defense Security Cooperation Ag...
Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent sh...
TYSONS CORNER, VA, Dec. 12, 2016 ” BAE Systems plans to spend $508 million to revive an industry-led project that seeks to establish regulations and technologies for the integration of unmanned air vehicles into the U.K.’s national airspace, ExecutiveBiz reported Friday. FlightGlobal reported Tuesday the company w...
Cubic™s (NYSE: CUB) mission solutions division has appointed Jeremiah Madigan, a former group executive director at Aerojet Rocketdyne (NYSE: AJRD), as vice president of secure communications and Robert Peabody, formerly a technical fellow of Northrop Grumman (NYSE: NOC), as systems strategy VP. Cubic said Monday Mandigan will ov...
December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for the Colorado Springs-based company. As...
The U.S. Army has awarded four companies positions on a potential three-year, $47 million contract that covers organizational, administrative and technical personnel and equipment. The Defense Department said Wednesday contractors will provide staff and equipment to support theater combatant commands, theater special operati...
CyberCore Technologies has appointed Ontuitive Chairman Stephen Hoffman and Kirkland Donald, a 37-year veteran of the U.S. Navy, to the cybersecurity services contractor’s board of directors. Kevin Powderly, CyberCore chairman and co-founder, said in a statement released Tuesday that Hoffman’s senior leadership experience and c...
L-3 Communications (NYSE: LLL) will transition to the new name of L3 Technologies on Dec. 31 in an effort to reflect the New York City-based defense contractor’s repositioning as a provider of technology products. The company will also transition its portal to the new address L3T.com and update the corporate logo while its ...
TYSONS CORNER, VA, Dec. 5, 2016 ” Advanced Concepts and Technologies International will provide acquisition management support to Air Force Space Command‘s cyberspace superiority division under a $3 million task order, ExecutiveBiz reported Wednesday. The company said October it received the award throug...
TYSONS CORNER, VA, Dec. 2, 2016 ” CACI International (NYSE: CACI) will provide systems engineering services to the U.S. Army‘s intelligence and information warfare directorate under a three-year, $79 million task order, ExecutiveBiz reported Tuesday. The company said Tuesday it will help develop technologies that will work to ad...
