Lockheed Martin (NYSE: LMT) has received a $120.9 million contract modification from the U.S. Navy to provide an integrated undersea surveillance system as well as engineering services for a sonar system. The Defense Department said Friday Lockheed’s rotary and mission systems business will support the Acoustic-Rapid-Commercial-...
The U.S. Air Force has awarded Doss Aviation a potential 10-year, $290 million contract to provide ground and flight training for pilots, combat systems officers, remotely piloted aircraft pilots and international military students. Doss Aviation will implement an initial flight training program meant to prepare participants for speci...
Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stoc...
Weekly Roundup January 9 – January 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This first full week back to work for us after the Christmas and New Year™s holiday season also happens to represent the last one before President-elect Donald Trump takes office next...
TYSONS CORNER, VA, Jan. 13, 2017 ” General Dynamics‘ mission systems subsidiary is now accepting orders from customers in the global defense, commercial and scientific sectors for its new Bluefin SandShark autonomous underwater vehicle via the company’s website, ExecutiveBiz reported Thursday. The company said Wednesday&nb...
TYSONS CORNER, VA, Jan. 13, 2017 ” Lockheed Martin (NYSE: LMT) continues to mentor Accurate Machine and Tool under the Defense Department‘s Mentor-Protege Program to develop the small business’ efforts to support more customers and pursue opportunities in the public sector as a prime contractor, ExecutiveBiz...
Saab will relocate the headquarters of its North American defense and security business from Ashburn, Virginia, to East Syracuse, New York, in a push to grow the unit’s U.S. footprint and local presence in the state, Syracuse.com reported Wednesday. Rick Moriarty writes New York Gov. Andrew Cuomo said in his State of the State address...
Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components advanced with...
TYSONS CORNER, VA, Jan. 11, 2017 ” L3 Technologies‘ (NYSE: LLL) commercial training solutions business unit has partnered with the U.K.’s Surrey County Council to construct an airline training center and aircraft simulator production facility in London, ExecutiveBiz reported Tuesday. The company said Monday the L3 Lon...
TYSONS CORNER, VA, Jan. 11, 2017 ” Leidos‘ (NYSE: LDOS) digital solutions subsidiary will offer Quorum Analytics‘ legislative and dialogue tracking software to elected federal, state and local officials as part of an exclusive reseller agreement between the two companies, ExecutiveBiz reported Tuesday. The partnership loo...
