Boeing (NYSE: BA) has secured a five-year, $143.4 million contract modification from the U.S. Army to modify Saudi Arabia’s AH-64E Apache attack helicopters as part of a foreign military sales deal. The Defense Department said Wednesday that Boeing will implement a directed change for 24 Apaches of the Saudi Arabian na...
TYSONS CORNER, VA, May 3, 2017 ” Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has unveiled that eight of the Iridium Next satellites that launched in January have started data and voice transmissions by mid-April, ExecutiveBiz reported Monday. “We completed the commissioning of these Iridium Next satellites about one wee...
CenturyLink (NYSE: CTL) has finalized the sale of its colocation business and 54 data centers to a consortium led by private equity firms Medina Capital and BC Partners. CenturyLink said Tuesday it has secured net pre-tax proceeds valued at approximately $1.86 billion and assumed ownership of 10 percent minority stake i...
Of the $15 billion in supplemental wartime spending in the 2017 federal spending bill, $2.5 billion will be withheld until 15 days after the president provides Congress with a strategy to defeat the Islamic State (ISIS). The defense secretary and secretary of state will also be required to update the Armed Services, Foreign Relations, Intellige...
Noblis, Inc., a provider of science, technology, and strategy services to the federal government, received a $200 million five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract award from the U.S. Department of Transportation (DOT) to provide program and technical support to the Volpe Center, a federal fee-for-service organization within ...
The State Department has cleared Australia™s request to buy anti-radiation missiles and related equipment and services under a potential $137.6 million foreign military sales agreement. Australia asked to procure AGM-88B anti-radiation tactical missiles, AGM-88E guided tactical missiles, CATM-88B HARM captive air training missiles control secti...
TYSONS CORNER, VA, May 1, 2017 ” A division of General Atomics has partnered with GKN Aerospace‘s Fokker business to open a facility in the Netherlands that would house production of Predator B/MQ-9 Reaper landing gear systems, ExecutiveBiz reported Friday. Fokker said Tuesday it will work with General Atomics Aeronautical ...
Engility (NYSE: EGL) has recived a potential five-year, $170 million indefinite-delivery/indefinite-quantity contract from NASA‘s Goddard Space Flight Center for systems and software assurance services. The company said Monday it will continue to help NASA procure, develop, implement and manage systems and softwar...
The State Department has given NATO the green light to buy equipment and logistics support for Boeing-built (NYSE: BA) C-17 aircraft and Large Aircraft Infrared Countermeasures system components under two foreign military sales agreements worth approximately $333.5 million combined. The NATO Support and Procurement Agency requested to purc...
Weekly Roundup April 24 – April 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For months, we™ve all been reading about the proposed wall along our nation™s southern borders, headlines describing the billions of dollars that will be needed to fund such an...
