The U.S. Air Force will launch final solicitations on July 27 for a potential 10-year, $6 billion contract vehicle to procure “adversary” aircraft intended for live training exercises, Bloomberg Government reported Monday. BGOV noted the service branch plans to accept bids through Aug. 28 after it releases a request for proposals notice ...
Weekly Roundup June 11 – June 15, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: SAIC’s Q1 Earnings and Top 10 Stories Jim Garrettson, Executive Mosaic CEO SAIC: Q1 Earnings and Other News Two weeks ago, this column provided an overview of May contract wins for the pl...
The State Department has approved a potential $930 million foreign military sale of weapons, support equipment and services for six AH-64E Apache helicopters the Indian government intends to buy through a direct commercial sale transaction. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), General Electric (NYSE: GE) and Lo...
Weekly Roundup June 4 – June 8, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Northrop Concludes Acquisition of Orbital ATK and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Northrop Concludes Acquisition of Orbital ATK This year has seen signific...
Six companies have won separate potential five-year contracts to provide engineering support services for the U.S. Navy™s intelligence, surveillance and reconnaissance platforms. The Space and Naval Warfare Systems Center Pacific in San Diego received eight proposals for the cost-plus-fixed-fee contracts that have a two-year base term and ...
Perspecta (NYSE: PRSP) has unveiled the members of its senior leadership team and board following its spinoff from DXC Technology (NYSE: DXC) and combination with Vencore and KeyPoint Government Solutions. Mac Curtis, president and CEO of Perspecta, will also serve on the board of the company that started trading Friday on the New Yor...
Weekly Roundup May 28 – June 1, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Platform Companies: A May Overview As we look back at May, I™d like to highlight some sign...
A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in 2016. The professional s...
United Technologies Corp.™s (NYSE: UTX) Pratt & Whitney subsidiary has received a potential three-year, $2 billion contract modification from the U.S. Navy to produce the 11th batch of F135 engines for all three variants of the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II aircraft. Pratt & Whitney said Thursday it will build...
The American Council for Technology and Industry Advisory Council has announced the election of Paul Strasser, executive vice president of information management solutions group at Data Systems Analysts, as executive vice chair of IAC, effective July 1. Strasser, who currently serves as vice chair for finance at IAC™s executive committee, ...
