Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesd...
NASA has awarded separate contracts to five companies to perform concept studies for a future Mars orbiter mission as part of efforts to develop telecommunications and global high-resolution imaging tools to support the space agency’s exploration of the Red Planet. The agency said Monday its Jet Propulsion Laborat...
Executive Mosaic’s GovCon Index traded lower Monday and the U.S. stock bellwether S&P 500 composite index closed at a new all-time record as investors mulled new second quarter earnings reports as many GCI companies prepare to state their April-June results. The GovCon Index closed down 0.233 points to 81.586 with four ...
TYSONS CORNER, VA, July 18, 2016 ” Orbital ATK (NYSE: OA) plans to launch its sixth International Space Station cargo resupply mission under the Commercial Resupply Services contract with NASA by Aug. 22, ExecutiveBiz reported Friday. The space agency said Friday Orbital ATK’s Cygnus spacecraft will launch from the Wallops ...
Boeing (NYSE: BA) has secured a potential $127.3 million contract modification to continue to perform risk reduction efforts for the U.S. Air Force™s Presidential Aircraft Recapitalization program. The Air Force said Friday it issued the contract modification in order to determine how to procure, build, test and modify Boeing™s 7...
July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based dea...
TYSONS CORNER, VA, July 15, 2016 ” Dave Wajsgras, president of the intelligence, information and services business of Raytheon (NYSE: RTN), has said the Operational Control System program with the U.S. Air Force continues to move forward with support from the service branch, ExecutiveBiz reported Wednesday. Reuters reported Tuesday&nb...
A joint venture of KMEA and Amec Foster Wheeler has been awarded a $95 million contract to provide multimedia environmental compliance services to various U.S. Navy and Marine Corps installations. The KMEA-Amec Foster Wheeler JV will collaborate with M.S. Hatch Consulting, AECOM (NYSE: ACM) and CH2M to conduct research, surveys and enginee...
Timothy Romenesko, chief operating officer of AAR Corp.‘s expeditionary services segment and a 35-year company veteran, will serve as chief financial officer at the Wood Dale, Illinois-based aviation aftermarket services provider beginning Aug. 1 He will succeed Michael Sharp, who is leaving the company after a 20-year career there, and ...
Executive Mosaic’s GovCon Index held higher for a fifth straight session Thursday on contributions from aerospace stocks Boeing (NYSE: BA) and General Dynamics (NYSE: GD) as U.S. financial markets received a boost from gains in JPMorgan (NYSE: JPM) shares. The GovCon Index rose 0.072 points to a record 81.823 as the S&P 500 compo...
