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LJT & Associates has secured a potential five-year, $200M contract to support launch range operations at the Wallops Flight Facility in Virginia. The company will help the space agency manage flight vehicle communications, radar, telemetry, logistics and tracking efforts, NASA said Wednesday. The indefinite-delivery/indefinite-qua...

TYSONS CORNER, VA, November 13, 2018 ” A business unit of KBR (NYSE: KBR) will continue its support for a U.S. Navy facility in the British Indian Ocean Territory atoll known as Diego Garcia under a $62M contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the modification exercises the first option ...

A report by consulting firm McAleese & Associates says investors should expect the defense budget for fiscal years 2020 and 2021 at a range of $700B to $716B per year. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that the Pentagon™s overall budget in FY 2019 demonstrates a 13 percent rise f...

A report by consulting firm McAleese & Associates says Huntington Ingalls Industries (NYSE: HII) saw its revenue rise 12 percent to $2.1B in the third quarter of 2018 with a year-to-date sales increase of 10 percent. HII posted $290M in Q3 total corporate profit, reflecting a 20 percent increase from the same period last...

TeraThink has received a contract worth a potential $100M to provide information technology services in support of the Pension Benefit Guaranty Corporation‘s financial management system. The company will contribute advisory, development, modernization, maintenance and operations support for the system under the indefinite-delivery/indefinite-q...

Accenture™s (NYSE: ACN) federal business, Creoal Consulting and i360technologies have been selected by the Interior Department to compete for Oracle Federal Financials accounting system support task orders under a potential seven-year, indefinite-delivery/indefinite-quantity contract. Accenture Federal Services will vie for task orders wor...

A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector™s $1.3B Patriot missile defense system order from P...