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President Donald Trump and Saudi King Salman bin Abd al-Aziz Al Saud have signed a potential $110 billion package of weapons sales agreements in an effort to advance global security and economic development initiatives between the U.S. and Saudi Arabia. The White House said Saturday Trump also inked a Joint Strategic Vision Statement with Salma...

Lockheed Martin‘s (NYSE: LMT) aeronautics business unit has received a $137.8 million contract modification from the U.S. Navy to fund cost reduction efforts for the low-rate initial production of lot 9 F-35s. The Defense Department said Friday that the full obligated amount at the time of award is from fiscal 2016 aircraft procurement fund...

The U.S. Air Force has awarded four companies positions under a potential six-year, $95 million contract for overhead production services. Aerospace Engineering and Support, AllSource Global Management, SierTek and Young’s Engineering Services will perform tasks such as business, management and production operations su...

  Weekly Roundup May 15 – May 19 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week President Trump signed an executive order to bolster our nation’s cybersecurity and maintain and strengthen U.S. cybersecurity capabilities. The order addresses the n...

TYSONS CORNER, VA, May 19, 2017 ” BAE Systems‘ military air and information business in the U.K. has showcased a Eurofighter Typhoon combat aircraft and a Hawk trainer jet that the company built for Oman as part of a rollout event, ExecutiveBiz reported Thursday. The company said Monday Oman’s Defense Minister&nb...

TYSONS CORNER, VA, May 18, 2017 ” A subsidiary of L3 Technologies (NYSE: LLL) has launched new intelligence, surveillance and reconnaissance offerings that work to support fixed- and rotary-wing aircraft for defense and security missions, ExecutiveBiz reported Wednesday. The company said Tuesday L3 Wescam‘s Matrix system ki...

The encrypted chat app Signal has been a popular choice with Federal and White House employees that work with sensitive data — and they now have official sign-off to use the app. Although Senate staffers began using Signal for official business in March, Senate Sergeant at Arms Frank J. Larkin just officially approved the use...

Ruth McMorrow, formerly executive vice president of Parsons‘ enterprises business, has been promoted to president of the unit focused on the development of concession-based businesses. Parsons said Wednesday McMorrow will oversee merger-and-acquisition transactions in her new position and report to Virginia G...

TYSONS CORNER, VA, May 17, 2017 ” Chris Pehrson, vice president of strategic development at General Atomics™ aeronautical systems business, has been named to the advisory council for the Center for a New American Security’s Evolving the Future Force project, ExecutiveBiz reported Tuesday. CNAS said Monday the new ...