Progeny Systems has secured a potential five-year, $45.4 million contract to provide sustainment and follow-on support for the Department of the Navy Tasking, Records and Consolidated Knowledge Enterprise Repository system. The U.S. Navy awarded the sole-source, indefinite-delivery/indefinite-quantity contract under phase three of the Small Business...
The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With Thursday’s gain, the...
TYSONS CORNER, VA, February 4, 2016 ” The Boeing-built (NYSE: BA) Space Launch System will carry the Orion unmanned spacecraft and 13 CubeSats to deep space in 2018, ExecutiveBiz reported Wednesday. NASA said Wednesday two of the CubeSats that will be onboard the SLS are the Lockheed Martin-built (NYSE: LMT) Skyfire and Morehead ...
TYSONS CORNER, VA, February 4, 2016 ” Lockheed Martin (NYSE: LMT) will build a new S-band satellite based on the A2100 design for delivery to Sky Perfect JSAT Corp. in 2019, ExecutiveBiz reported Wednesday. Lockheed said Wednesday the future JCSAT-17 will be the eighth satellite that SJC ordered from Lockheed and w...
CACI International (NYSE: CACI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has adjusted its fiscal year 2016 guidance to reflect the company’s $550 million acquisition of the former L-3 Communications (NYSE: LLL) national security solutions segment that closed Tuesday. The Arlington, Va.-based governmen...
X Corp Solutions has received a potential five-year, $50 million contract to provide counterintelligence and security support services to the Defense Threat Reduction Agency. DTRA awarded the indefinite-delivery/indefinite-quantity, firm-fixed-price contract through a competitive acquisition with nine proposals received, the Defense Department said ...
The GovCon Index turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high. U.S. stocks rode a late increase in oil prices and gains by financial shares to a reversal...
TYSONS CORNER, VA, February 3, 2016 ” American Systems will provide transition planning and policy development support to the General Services Administration™s transition coordination center under a potential $34.3 million task order, ExecutiveBiz reported Tuesday. The company said Monday the task order works to support federal a...
TYSONS CORNER, VA, February 3, 2016 ” TeleCommunications Systems (Nasdaq: TSYS) and Intersec will provide location-based service platforms to a wider market through their recently formed strategic partnership, ExecutiveBiz reported Tuesday. TCS said Tuesday the partnership will work to deliver both companies™ core services such as cro...
The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the ...
