https://www.youtube.com/watch?v=jySLlzCKCRY Generational legacies and decades of service are widespread through Air Force Plant 4 in Fort Worth. Those family connections and commitments are honored in the latest in a series of videos marking the 75th anniversary of the Lockheed Martin facility....
GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) ended the...
Weekly Roundup November 27 – December 1 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson November’s Billion Dollar Contracts During November a number of contracts valued at over a billion dollars were awarded for a variety of services such as foreign military...
United Technologies‘ (NYSE: UTX) Pratt & Whitney subsidiary has received a $353.2 million modification under a U.S. Navy contract for logistics sustainment work on propulsion systems designed to power the Lockheed Martin-built F-35 aircraft. Pratt & Whitney will support F-135 propulsion systems for F-35 jets of the ...
TYSONS CORNER, VA, Nov. 30, 2017 ” BAE Systems, CAE, L3 Technologies (NYSE: LLL), Lockheed Martin (NYSE: LMT), Maxar Technologies (NYSE: MAXR) and Ultra Electronics have teamed up in a bid to develop Canada’s future surface combatant vessels, ExecutiveBiz reported Wednesday. Lockheed said Tuesday the group called “Canada&#...
Rick Wagner, executive vice president and chief operating officer of the mission, cyber and intelligence solutions group at ManTech International (Nasdaq: MANT), has been promoted to president of that same unit in a move that takes effect Jan. 1. ManTech said Wednesday Wagner will succeed the retiring Bill Varner, who has led the MCI...
The State Department has cleared Poland™s request to buy a High Mobility Artillery Rocket System and AIM-120C-7 Advanced Medium-Range Air-to-Air Missiles from the U.S. government under two foreign military sales agreements worth approximately $500 million combined. Poland asked to purchase Guided Multiple Launch Rocket System M31A1 Un...
The U.S. Air Force has kicked off a small business set-aside solicitation for a potential 10-year, $403 million contract to extend the service life of the military branch’s fleet of F-16 Fighting Falcon fighter aircraft. The indefinite-delivery/indefinite-quantity contract has a five-year ordering period and a five-year option, the Air Fo...
TYSONS CORNER, VA, Nov. 20, 2017 ” PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense News re...
The General Services Administration has awarded 61 companies positions on a potential 10-year, $50 billion governmentwide acquisition contract for information technology products and services. GSA said in a FedBizOpps notice posted Friday the award is for the unrestricted portion of the Alliant 2 GWAC that has a base term of five years and five...
