Lockheed Martin (NYSE: LMT) has been awarded a $147.1 million contract modification to complete upgrade work on close combat tactical trainer systems for the U.S. Army. The company will continue to provide engineering, testing, technical management, logistical and materials and equipment support services under the ...
Load King and Schutt Industries have been awarded a potential seven-year, $187.9 million shared contract to manufacture 11 low-rate initial production M870A4 semitrailers for the U.S. Army. The Defense Department said Friday the firm-fixed-price contract also covers subsequent full-rate production of up to 1, 350 traile...
The U.S. Army has awarded Northrop Grumman (NYSE: NOC) a potential $73 million contract to provide tactical support services for the military branch’s air and missile defense planning and control system. Northrop will perform engineering and technical services under the cost-plus-fixed-fee contract through Sept. 2...
Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s clos...
TYSONS CORNER, VA, Aug. 26, 2016 ” Northrop Grumman (NYSE: NOC) has donated a Bat multi-mission unmanned aircraft system and associated equipment to Northland Community & Technical College in efforts to expand UAS operations in the Red River Valley in North Dakota and Minnesota, GovCon Executive reported Thursday. NCTC&n...
All Points Logistics has secured a potential five-year, $165 million contract from NASA to provide a range of information technology support services to the agency’s Marshall Space Flight Center in Alabama and Michoud Assembly Facility in Louisiana. NASA said Thursday the MSFC Information Technology Services II contract covers I...
Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 compan...
Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumm...
TYSONS CORNER, VA, Aug. 23, 2016 ” An affiliate of Concurrent Technologies Corp. will provide acquisition and technical support to Air Force Materiel Command headquarters under a $1.2 million subcontract from Dakota Consulting, ExecutiveBiz reported Monday. CTC said Friday Enterprise Ventures Corp. will also assist...
The U.S. State Department has approved a potential $124.02 million sale of Mk-V Fast Patrol Boats and related equipment to Qatar under a foreign military sales agreement with United States Marine Inc. as the principal contractor. The Defense Security Cooperation Agency said Tuesday Qatar’s request also includes eight M...
