AT&T (NYSE: T), T-Mobile and Verizon have won spots on a potential five-year, $993.5 million U.S. Navy to provide wireless services and devices to federal and defense agencies. The Navy received four bids for the indefinite-delivery/indefinite-quantity contract and distributed $15,000 to all three winning contractors at the t...
TYSONS CORNER, VA, Oct. 30, 2017 ” General Atomics will collaborate with the University of Mississippi to develop acoustic-based navigation and sensing technologies that will work to support unmanned underwater vehicle platform systems for deep-sea missions, ExecutiveBiz reported Friday. The university said Thursday the partnership in...
Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...
Raytheon (NYSE: RTN) has received a potential $1.5 billion indefinite-delivery/indefinite-quantity contract to help the Missile Defense Agency operate and maintain two kinds of ballistic missile radar technology. The Defense Department said Friday Raytheon’s integrated defense systems unit will continue to provide logistics supp...
Iridium Communications (Nasdaq: IRDM) recorded $22 million in government service revenue with 95,000 government subscribers during the third quarter of 2017. Iridium said Thursday government data and voice subscribers rose 14 percent to 40,000 during the third quarter ended Sept. 30, compared with the same period last year. The McLean, Virginia-base...
General Dynamics (NYSE: GD) has received a potential five-year, $93 million foreign military sales contract from the U.S. Army to provide 120mm insensitive munition high-explosives along with tracer tank ammunition cartridges to Iraq. The Defense Department said Friday the Army Contracting Command received one bid for the firm-fixed-price contr...
Weekly Roundup October 23 – October 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With October coming to a close, let’s take a look at the most significant M&A activity that took place over the course of this month. Notable M&A activity includes: S...
TYSONS CORNER, VA, Oct. 26, 2017 ” ManTech International (Nasdaq: MANT) will provide computer-based, web-based and virtual training support for the U.S. Navy‘s Space and Naval Warfare Systems Center Pacific under a potential $45.8 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday it will also ...
TYSONS CORNER, VA, Oct. 25, 2017 ” Modern Technology Solutions Inc. will support the Missile Defense Agency‘s efforts to develop interceptor and sensor concepts under a $10 million contract modification, ExecutiveBiz reported Tuesday. The Defense Department said Monday the award covers the creation of algorithms for in...
The State Department has cleared Czech Republic™s request to buy 12 UH-1Y utility helicopters and related equipment and services from the U.S. government under a potential $575 million foreign military sales agreement. Textron™s (NYSE: TXT) Bell Helicopter subsidiary and General Electric (NYSE: GE) will act as principal cont...
