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The State Department has cleared the potential foreign military sale of M142 High Mobility Artillery Rocket Systems to Croatia. The possible transaction is worth an estimated $390 million and has Lockheed Martin (NYSE: LMT) as the principal contractor, the Defense Security Cooperation Agency said Friday It the purchase of the following: Ei...
Executive Mosaic’s GovCon Index recorded gains from Tuesday to Friday, ending the week at a record high of $5,538.65. Besides the 2.39% week-on-week gain, the index tracking the stock performances of 30 major government contractors registered a third straight winning week in August and a 4.74% month-on-month gain. Wall Street’s maj...
The State Department has approved a potential $224 million foreign military sale to the Netherlands of Patriot M903 launching stations and related equipment. The Defense Security Cooperation Agency said Thursday the Netherlands requested to purchase two new production launching stations along with equipment and services needed to upgrade existi...
Although elaborate technological demands are certainly one hurdle to the Department of Defense achieving Combined Joint All-Domain Command and Control, the quieter but no less pressing challenge is government bureaucracy, Breaking Defense reported earlier this month. “It’s a very complex political problem, I think the tech is the ea...
Accenture‘s (NYSE: ACN) federal business, Booz Allen Hamilton (NYSE: BAH), Deloitte Consulting and two other companies were awarded positions on a potential $500 million contract to help modernize the Food and Drug Administration’s data and analytics. Accenture Federal Services is among the platinum sponsors of the Potomac Officers Club&...
Sensible Solutions and Technologies Inc. aims to grow its footprint within the Intelligence Community landscape through its recent acquisition of Data Sync Technologies, a provider of knowledge management and data analysis support. Top IC leaders will take center stage at the Potomac Officers Club’s 2024 Intel Summit on Sept. 19. Register here...
The State Department has approved Australia’s request for AH-64E Apache sustainment support services and related equipment under a potential $300 million foreign military sale transaction. The Defense Security Cooperation Agency said Friday Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will be the principal contractors for the pr...
Executive Mosaic’s GovCon Index had a weak start in August, evidenced by losses in the first seven trading days. Still, the index tracking the stock performances of 30 major government contractors recovered from the slump to register a second straight winning week this month. After alternating between gains and losses during the week and...
The FBI is seeking proposals for a potential $400 million indefinite-delivery/indefinite-quantity contract for enterprise facilities operation and maintenance support. According to a solicitation notice posted on SAM.gov, the bureau will choose a vendor that will provide personnel, equipment, supplies, transportation, tools, materials, supervision a...
The State Department gave the green light for a potential $405 million foreign military sale to the government of Norway of Advanced Medium Range Air-to-Air Missiles–Extended Range and related equipment. The Defense Security Cooperation Agency said Thursday the possible deal, which will have RTX (NYSE: RTX) as the principal con...
