TYSONS CORNER, VA, May 22, 2017 ” Northrop Grumman (NYSE: NOC) has opened a new facility in south Australia that will work to provide in-country repair and maintenance services for the Australian air force’s Large Aircraft Infrared Countermeasure systems, ExecutiveBiz reported Friday. The company said Thursday the Adelaide repai...
L3 Technologies (NYSE: LLL) has completed the acquisition of maritime power-generation technology developer Open Water Power for an undisclosed value in a move that seeks to expand the former’s unmanned undersea vehicle portfolio. The Massachusetts-based company will take the name L3 Open Water Power and operate under L3’s sens...
Lockheed Martin‘s (NYSE: LMT) aeronautics business unit has received a $137.8 million contract modification from the U.S. Navy to fund cost reduction efforts for the low-rate initial production of lot 9 F-35s. The Defense Department said Friday that the full obligated amount at the time of award is from fiscal 2016 aircraft procurement fund...
Weekly Roundup May 15 – May 19 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week President Trump signed an executive order to bolster our nation’s cybersecurity and maintain and strengthen U.S. cybersecurity capabilities. The order addresses the n...
Acting U.S. CIO Margie Graves said that thanks to the 2015 federal cybersecurity sprint, federal agencies were able to avoid the devastating WannaCry ransomware virus that infected more than 200,000 people and organizations in over 150 countries. When asked at the Public Sector Innovation Summit how security protocols implemented in the 30-day sprin...
AECOM (NYSE: ACM) has secured a $263.9 million performance-based contract to help NASA operate and maintain facilities at the space agency’s Marshall Space Flight Center in Alabama. NASA said Friday that AECOM’s URS Federal Services business will provide labor, tools, equipment, materials and spare parts as well as supervi...
The Federal Communications Commission voted Thursday to roll back restrictions on internet providers, commonly referred to as “net neutrality” rules. These regulations were put in place under the Open Internet Order of 2015 during Obama’s presidency. By a 2-1 vote led by FCC Chairman Ajit Pai, the agency proposed to end regula...
Booz Allen Hamilton (NYSE: BAH) has been awarded a potential five-year, $96.1 million contract by the U.S. Navy‘s Program Executive Office for Command, Control, Communications, Computers and Intelligence to support tactical network modernization efforts at the service branch. The company said Wednesday it will provide foundation...
The Congressional Budget Office issued a revised cost estimate of $500 million over a five-year period for the for the re-introduced Modernizing Government Technology Act, legislation introduced by Rep. Will Hurd, R-Texas. The revised estimate is a mere fraction of the cost when the bill was first introduced last year. The bill passed...
General Atomics‘ aeronautical systems business unit has secured a $400 million contract from the U.S. Air Force to manufacture 36 MQ-9 Reaper remotely piloted aircraft. The Defense Department said Tuesday the firm-fixed-price contract is for the fiscal 2016 production configuration of MQ-9 RPAs. Work will occur at a company...
