The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel a...
Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged ...
October 10 – October 14, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We have yet another player in the GovCon M&A scene in the form of the company whose satellites help governments and businesses around the world map every piece of planet Earth down to the fine...
Cynthia Marsden, former president of GTI Federal, has been appointed by CSR‘s board of directors as president and CEO of the Arlington, Virginia-based professional and technical consulting services contractor. œI am honored to have been selected to lead CSR and look forward to working with the staff, clients and CSR board of dir...
TYSONS CORNER, VA, Oct. 11, 2016 ” Mark Testoni, president and CEO of SAP National Security Services (NYSE: SAP), has noted that the “graph technology” analytics tool works to support efforts to manage digital information, ExecutiveBiz reported Friday. CNN reported Thursday graph technology is designed to identify con...
August 29 – September 2 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This calendar year so far has brought an unprecedented year of change and tectonic shifts to the government contracting sector and even with that said, what other catalysts could come in ...
The Office of the Comptroller of the Currency has awarded Unisys (NYSE: UIS) a potential five-year, $11.2 million contract to move approximately 4, 000 OCC employees to a cloud-based email platform. Unisys said Thursday it will provide analysis, design, transition planning and development services intended to facilitate OCC&...
TYSONS CORNER, VA, July 27, 2016 ” The Armed Forces Communications and Electronics Association’s Washington chapter has named new members to its executive board for 2016 to 2017 as well as additional members to the board of directors, GovCon Executive reported Friday. AFCEA said July 14 it appointed the following execu...
July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based dea...
TYSONS CORNER, VA, May 27, 2016 ” Keith Salzman, chief medical information officer for IBM‘s (NYSE: IBM) global business services, believes one-third of the U.S. government’s $3 trillion healthcare budget has been underutilized, Executive Gov reported Wednesday. Salzman wrote in an IBM Center for the Business of Government blog ...
