The U.S. Air Force has awarded positions on a potential seven-year, $11.40 billion contract to 16 companies for support services to the Defense Department‘s fielded active weapon systems. The Air Force Sustainment Center in Oklahoma received 25 offers for the Contract Field Teams indefinite-delivery/indefinite-quantity cont...
Executive Mosaic’s GovCon Index set a new closing record Tuesday with a 1-percent gain paced by defense prime and government services stocks as the U.S. bellwether S&P 500 also ended at an all-time high in spite of healthcare stock declines. GovCon Index advancers outnumbered decliners at a 4-to-1 ratio and nine of its ...
TYSONS CORNER, VA, Nov. 22, 2016 ” The office of cybersecurity and communications at the Department of Homeland Security has awarded a four-year, $52 million contract to CSRA (NYSE: CSRA) for technical and programmatic professional support services, ExecutiveBiz reported Monday. The company said Monday it will work to advance the security, resi...
TYSONS CORNER, VA, Nov. 22, 2016 ” Raytheon (NYSE: RTN) plans to expand its missile systems operations and add close to 2, 000 jobs at the business headquarters in Tucson, Arizona, over a five-year period, ExecutiveBiz reported Monday. The company said Friday its job creation, facilities expansion and operational output are aimed to facili...
TYSONS CORNER, VA, Nov. 22, 2016 ” The National Oceanic Atmospheric Administration has awarded an ASRC Federal business unit a potential five-year, $35 million contract to provide engineering support for the agency’s Alaska-based satellite operations facility, ExecutiveBiz reported Monday. ASRC Federal Technical Services will pr...
TYSONS CORNER, VA, Nov. 22, 2016 ” Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectiv...
TYSONS CORNER, VA, Nov. 22, 2016 ” Mark Scallion, vice president of SAP‘s (NYSE: SAP) public services unit, has stated that SAP’s federal civilian business has seen increased business in big data and analytics as it works to help agencies consolidate their data into a single platform. Scallion told ExecutiveBiz in an interview ...
Executive Mosaic’s GovCon Index advanced for a third consecutive session Monday on a mix of contributions from large primes and services stocks but a sharp fall by Cubic Corp. (NYSE: CUB) pared the GCI’s gain after the contractor’s guidance missed analysts’ expectations. GovCon Index gainers outnumbered decliners by...
TYSONS CORNER, VA, Nov. 21, 2016 ” Northrop Grumman‘s prototype unmanned aircraft system for the Defense Advanced Research Projects Agency‘s Tactically Exploited Reconnaissance Node program will undergo ground and at-sea tests by 2018, ExecutiveBiz reported Friday. DARPA said Thursday it has provided funds to the Northrop-led t...
TYSONS CORNER, VA, Nov. 21, 2016 ” Carahsoft Technology has partnered with Lexis Nexis to offer the latter’s legal software to government customers through the General Services Administration‘s Schedule 70 and NASA‘s Solutions for Enterprise-Wide Procurement V vehicles, ExecutiveBiz reported Friday. Carahso...
