Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was sele...
Lockheed Martin (NYSE: LMT) has been awarded a $490.6 million contract modification to produce Aegis weapon system ship sets and spares for the U.S. Navy as well as Japan and South Korea under the foreign military sales program. The Defense Department said Friday Lockheed’s mission systems and training division will manufacture ship ...
The U.S. Navy has awarded seven companies contract modifications worth $117.3 million combined to continue to provide technical and engineering services for the service branch’s vessels. The contract modifications were awarded to exercise the second option year on a previously awarded cost-plus-fixed-fee, indefinite-delivery/indefinite-quanti...
August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets t...
Boeing (NYSE:BA) has secured a five-year, $203 million contract from Australia to provide a range of sustainment services for the Australian air force’s F/A-18F Super Hornet and EA-18G Growler aircraft, IHS Jane’s reported Thursday. Jon Grevatt writes the Australian defense department said the contract covers eng...
American Electronic Warfare Associates has won a four-year, $91.3 million contract to provide engineering, management and technical support services to the Naval Air Warfare Center Aircraft Division™s integrated battlespace simulation and test department. The company will perform work in Patuxent River, Maryland, through August 2020 and the U.S...
Modern Technology Solutions Inc. has received a potential five-year, $28 million modernization and engineering support task order from the National Guard Bureau for work to aid the Air National Guard Air Force Reserve Command Test Center. MTSI said Wednesday it will provide test planning, test execution, data analysis, test repor...
TYSONS CORNER, VA, Aug. 9, 2016 ” The Naval Sea Systems Command has awarded ManTech International (Nasdaq: MANT) a $47 million bridge contract modification to continue sustainment and operation support for the U.S. Navy‘s Ship Maintenance and Logistics Information Systems program, ExecutiveBiz said Monday. The contract...
McLean, Virginia-based analytics firm PlanetRisk has purchased service-disabled, veteran-owned small business Analytic Strategies for an undisclosed sum in an effort to expand its suite of analytics platforms. Randy Wimmer, founder and CEO of Analytic Strategies, will sit on PlanetRisk™s board of directors and serve as a strategic adviser to Pl...
The State Department has approved Saudi Arabia’s request to purchase $1.15 billion in General Dynamics-built (NYSE: GD) Abrams battle tanks along with a suite of ground vehicle recovery systems from the U.S. government under a foreign military sales agreement between both countries. Twenty of the total 153 M1A2S Abrams tanks covered ...
