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The U.S. Navy has awarded four companies positions on a potential eight-year, $492.4 million contract to provide increment III production units and related supplies for the service branch™s Automated Digital Network System. Leidos (NYSE: LDOS), Leonardo DRS, Science Applications International Corp. (NYSE: SAIC) and Serc...

Israel Aerospace Industries has secured contracts worth nearly $2 billion to provide two kinds of surface-to-air missile system to India. IAI said Thursday it will supply the India’s army with a medium-range surface-to-air missile under a contract valued at $1.6 billion as well as build a long-range variant of the...

December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for the Colorado Springs-based company. As...

Lexi Alexander, a former senior vice president at L-3 Communications (NYSE: LLL), has joined Beltsville, Maryland-based government engineering and technical services contractor ASRC Federal as SVP of business development and corporate strategy. ASRC Federal said Thursday the two-decade contracting sector veteran will focus on organic growt...

Four companies have won positions on a potential five-year, $90 million contract to provide performance-based design and construction support services to the U.S. Air Force. Gideon Contracting, SP-JV, Weldin Construction and Pro-Mark Services will compete to perform the services at Offutt Air Force Base in Nebraska through July 21, 2021, the De...

Robert Hahn, formerly vice president of citizen and defense services at Serco Group‘s subsidiary in North America, has been named president of government solutions at LexisNexis™ Reed Technology and Information Services subsidiary. Hahn will work to provide strategic direction for Reed Tech and help the company expand its business with th...

The GovCon Index followed the steep downturn in U.S. markets Monday with a decline of 1.027 percent to 70.035 spurred by new declines in oil prices and worries about the pace of future interest rate increases by the Federal Reserve. Monday also represented the first day of Colorado Springs-based government services contractor Vectrus‘ (NYSE: V...