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Raytheon, an RTX (NYSE: RTX) business, has secured a $525 million contract from the U.S. Navy for Evolved SeaSparrow Missile Block 2 and spares. RTX said Monday the ESSM Block 2 missiles’ enhanced maneuverability and performance will help boost the flexibility and capability of the U.S. and allied nations’ navies. The weapon sy...

Executive Mosaic’s GovCon Index closed 0.43% higher at $5,366.84 on Friday for another winning week. The index, which tracks the stock performances of 30 major government contractors, had the same pattern in the last three weeks: three daily gains and two daily losses. Besides the 1.38% advance for the week, GCI is now up 14.96%...

Tiffanny Gates, operating partner at Capitol Meridian Partners and former CEO of Novetta, was appointed chairman of the board of directors of Clarity Innovations. The company said Thursday Gates is responsible for providing Clarity leadership with advice on strategic growth, product development and merger integration. Gates’ career includes ti...

LMI will provide the U.S. Army with technical services and products under a $47.6 million contract award. The management consulting company said Wednesday its work will support the digital transformation efforts of the Deputy Assistant Secretary of the Army for Data, Engineering and Software. DASA-DES will gain access to LMI’s technical develo...

Gen. Jacqueline Van Ovost, commander of the U.S. Transportation Command, received her 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent meeting.  Garrettson founded the annual Wash100 Award in 2014 to honor notable executives shaping the government contracting landscape. The 100 awardees come from both t...

KBR (NYSE: KBR) will conduct research, development, test and evaluation of aeronautical systems in support of the Air Force Life Cycle Management Center Mobility Directorate at Wright-Patterson Air Force Base in Ohio. The company said the five-year effort is covered by an approximately $113 million task order awarded under the Department of Defense ...

Egypt has secured approval from the U.S. State Department to acquire 720 Stringer missiles and other equipment and services under the Foreign Military Sales program.  The Defense Security Cooperation Agency said Tuesday the potential deal is estimated to cost $740 million, citing RTX (NYSE: RTX) as the principal contractor.  Egypt plans to...