Lockheed Martin (NYSE: LMT) has one pending regulatory review remaining in the U.K. over the merger of its information systems and global solutions business with Leidos Holdings (NYSE: LDOS) ahead of the deal’s intended closure in either the third or fourth quarter, Lockheed CEO Marillyn Hewson told investors Tuesday. Both compa...
TYSONS CORNER, VA, April 26, 2016 ” Orlando Figueredo, vice president and segment leader for Hewlett Packard Enterprise‘s (NYSE: HPE) Intelligence Community and consulting practice, has said agencies are increasingly focusing their technology efforts on collaboration and information sharing. “Government can assist the commercia...
Raytheon (NYSE: RTN) has received a potential $104 million contract to provide maintenance and operations support for the U.S. Navy™s Relocatable Over-the-Horizon Radar system. ROTHR is a surveillance radar system designed to detect and track aircraft and ships at long ranges over a coverage area of 2.5 million square miles, the ...
The U.S. Navy has awarded an Orbital ATK (NYSE: OA) business unit a $121.4 million contract modification to exercise an option to convert AGM-88B High-Speed Anti-Radiation Missiles into 145 Lot 5 full-rate production, anti-radiation guided missile all-up-rounds. Orbital ATK’s defense electronic systems unit will also provid...
Trane U.S., an Ingersoll Rand subsidiary, has received a potential $114 million contract from the General Services Administration to provide energy conservation support and implement related measures at 10 federal facilities in New York. GSA said Monday Trane U.S. will perform building automation system updates and mechanical replacements at se...
Raytheon (NYSE:RTN) has received a two-year, $90.1 million contract to supply 39 Multi-Spectral Targeting System turrets to the U.S. Air Force. The Defense Department said Monday the company will also provide associated MTS data, spares and production support services under the fixed-price-incentive-firm contract. An MTS sensor c...
The GovCon Index followed the larger market forces of oil declines and concerns over corporate earnings reports Monday with a decline of 0.401 points to 75.968 on the first day of April 2016’s last trading week. As covered in our Friday market close report, 11 GCI-listed companies will release their latest quarterly financial stateme...
TYSONS CORNER, VA, April 25, 2016 ” A General Atomics scientist has testified before a subpanel of the Senate Environment and Public Works Committee in support of the Nuclear Regulatory Commission‘s modernization efforts, ExecutiveBiz reported Friday. The company said Thursday Christina Back, its vice preside...
A Textron (NYSE: TXT) business unit has been awarded a $116.5 million contract to update a tactical unmanned aircraft system the U.S. Army operates for intelligence, surveillance and reconnaissance missions and to relay communications. Textron™s unmanned systems business will work to update 24 of the&nbs...
The GovCon Index held against choppy trading activity in U.S. markets during the afternoon session Friday to close at a gain of 0.387 points to 76.369 and notch its second consecutive week in the positive. Friday also marks the Index’s seventh weekly gain over the last eight in a stretch that has seen it climb nea...
