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https://www.youtube.com/watch?v=f0t24hDz910 Joseph Fungaroli, vice president of business development at L3 KEO, discusses the new MK20 electro-optical sensor system that the company debuted at the Surface Navy Association’s 29th Surface Navy Symposium in Arlington, Virginia. The Defense & Aerospace Report’s #SNA2017 coverage is spons...

TYSONS CORNER, VA, Jan. 20, 2017 ” The U.S. Army has awarded IBM (NYSE: IBM) a potential five-year, $62 million task order to create and manage an on-premise private cloud platform as part of the military service’s Army Private Cloud Enterprise program, ExecutiveBiz reported Thursday. IBM said Wednesday the task order also cover...

GovCon Index-listed Rockwell Collins (NYSE: COL) reported first quarter earnings above Wall Street analysts’ expectations Friday with help from higher avionics and other aviation-related sales in the Cedar Rapids, Iowa-based aerospace company’s government business. Rockwell Collins said earnings for the October-December pe...

Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize by the end of January a new contract worth approximately $9 billion that would reduce the price of the next batch of F-35 fighter jets to under $100 million per aircraft, Reuters reported Thursday. Mike Stone writes sources said the...

CSRA (NYSE: CSRA) has secured a potential two-year, $80.3 million contract to provide  information technology services for U.S. Navy‘s naval enterprise network outside the continental U.S. The Defense Department said Thursday the indefinite-delivery/indefinite-quantity contract covers continued IT services to support the transition fr...

Polaris Alpha‘s EOIR Technologies subsidiary has secured a position on a five-year, $48 million contract that covers research, development and technical support services for the U.S. Navy‘s corporate laboratory. The company said Wednesday the contract encompasses seven research fields and EOIR will vie for task orders ...

Executive Mosaic’s GovCon Index traded higher Wednesday on help from its large-cap components against mixed U.S. stock movements as investors awaited Federal Reserve chair Janet Yellen’s speech on the U.S. economy during the last hour of trade. GovCon Index gainers slightly edged decliners each and nine...

TYSONS CORNER, VA, Jan. 18, 2017 ” A new Deloitte study has shown that the Manufacturing USA network’s eight initial manufacturing institutes have garnered at least 1, 200 connections with companies, universities and government agencies and mitigated risk and costs in innovation efforts, ExecutiveBiz reported Tuesday. Manufacturing U...