Raytheon (NYSE: RTN) has been awarded a $564 million contract modification by NASA to produce imaging radiometers for two follow-on Joint Polar Satellite System spacecraft. The company said Thursday it will provide two Visible Infrared Imaging Radiometer Suite instruments for integration into JPSS-3 and JPSS-4 satellites that are meant to ...
The Defense Contract Management Agency is working on ways to help small businesses increase their participation in the government contracting market and gain an education on the sector prior to their entry, DCMA’s director told the Potomac Officers Club Thursday. Air Force Lt. Gen. Wendy Masiello told a GovCon and government executive audience...
TYSONS CORNER, VA, January 28, 2016 ” Jacobs (NYSE: JEC) and the Woolpert–KZF joint venture will work on the design of a $150 million complex in Japan that will support the beddown of the Boeing-built CV-22 Osprey, ExecutiveBiz reported Wednesday. Woolpert said Tuesday it received $6.95 million in task orders from the U.S. ...
TYSONS CORNER, VA, January 28, 2016 ” Steve Harris, vice president and general manager of the federal systems business at Dell, believes the efforts of federal agencies to update their information systems will gain momentum with the implementation of the Federal Information Technology Acquisition Reform Act, ExecutiveGov reported Wednesday. Fed...
The year 2015 for government contractors was one that featured major landscape shifts in its composition unlike any other since the post-Cold War drawdown in the 1990s that resulted in consolidation among the defense market’s largest companies. GovCon’s services arena took its turn to drive the consolidation narrative in 2016 as many of ...
The GovCon Index plunged 2.438 percent to 69.664 in its first close below the 70-point mark for the first time in almost four months to keep the 30-company listing in a correction, or at least 10 percent down from its most recent high. Boeing (NYSE: BA) — also a Dow Jones Industrial Average stock —...
TYSONS CORNER, VA, January 27, 2016 ” Igate will now operate as Capgemini as part of its integration into the latter’s global production network and financial services business, ExecutiveBiz reported Tuesday. “It is an acknowledgement that the brand transition phase is complete and that we are now going to market officially as ...
TYSONS CORNER, VA, January 27, 2016 ” Northrop Grumman (NYSE: NOC) will supply five Global Hawk ground surveillance drones and associated components to NATO by the end of the year, ExecutiveBiz reported Tuesday. Defense News reported Monday that the company will deliver the aircraft to the Sigonella Air Base in Italy, where NATO has begun ...
General Dynamics (NYSE: GD) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported an increase of around 22 percent in both earnings per share and profit for its 2015 fiscal year compared to 2014 results. The Falls Church, Va.-based defense contractor stated $9.08 earnings per share for the full year...
TYSONS CORNER, VA, January 26, 2016 ” Boeing‘s (NYSE: BA) Chinook helicopter and the Sikorsky-built King Stallion helicopter by Lockheed Martin (NYSE: LMT) have been shortlisted by Germany as the potential replacement for its current Sea Stallion fleet, ExecutiveBiz reported Monday. Defense News reported Monday that Germany seek...
