Executive Mosaic’s GovCon Index turned positive in mid-afternoon trade Wednesday along with U.S. stocks after reports surfaced that major oil producing countries reached an agreement to limit global supply with more details due in November. GovCon Index gainers outnumbered laggers at a 4-to-1 ratio and eight of its 11 S&P 500 compani...
TYSONS CORNER, VA, Sept. 28, 2016 ” Science Applications International Corp. (NYSE: SAIC) will provide technical engineering and installation support for a future command-and-control facility of the U.S. Air Force in Nebraska under a $47 million task order, ExecutiveBiz reported Tuesday. The company said Tuesday it will help the&...
David Smith, chief financial officer and director at Rolls Royce, will join U.K.-based science and engineering company Qinetiq as CFO. Qinetiq said Tuesday Smith will succeed David Mellors, who is scheduled to leave QinetiQ on Dec. 31 to join Cobham as the defense contractor’s CFO. “[David] has extensive executive experie...
Bob Smith, former chief operating officer of ASRC Federal‘s information and technical solutions operating group, has been appointed to the same position at Greenbelt, Maryland-based X3M Systems. X3M Systems said Friday Smith will bring nearly 40 years of technical service delivery experience in the federal market to hi...
DRS Technologies has won a potential five-year, $339.3 million contract from the U.S. Army to support the military service’s Joint Effects Targeting System initiative. The Army Contracting Command received two offers for the firm-fixed-price contract and will determine performance location with each order, the Defense Department said...
Torch Technologies has won a potential five-year, $62.8 million contract to provide advisory and assistance services for the Missile Defense Agency™s test provisioning process. The company will perform engineering support for flight and ground tests, test infrastructure and advance technology under the cost-plus-fixed-fee contrac...
Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
The State Department has given Japan the go-ahead to purchase the Boeing-built (NYSE: BA) KC-46A Pegasus tanker aircraft and related support from the U.S. government under a potential $1.9 billion foreign military sales agreement. Japan asked to procure four KC-46A aerial refueling planes equipped with Raytheon-made (NYSE: RTN) A...
Raytheon (NYSE: RTN) has received a potential six-year, $254.6 million contract to design, build, integrate and test a Joint Precision Approach and Landing System for the U.S. Navy. The Defense Department said Wednesday that Raytheon will continue to develop eight existing JPALS engineering development models and build ...
BAE Systems™ U.S. subsidiary has won a potential six-year, $84.7 million contract to design and develop Network Tactical Common Data Link systems for the U.S. Navy. The service branch awarded the firm-fixed-price, cost-plus-incentive-fee contract to BAE Systems Inc. through a competitive procurement process with four proposals received, th...
