TYSONS CORNER, VA, Jan. 10, 2017 ” The Defense Science Board has selected William LaPlante, vice president of Mitre‘s intelligence business, to co-chair a task force on software design and procurement for defense systems, GovCon Executive reported Monday. Mitre said Friday LaPlante will help lead the task force that will evaluat...
Defense Secretary nominee James Mattis has agreed to resign from his board position at General Dynamics (NYSE: GD) and divest all of his business holdings with the company if the Senate confirms him as the next leader of the Defense Department, Politico reported Saturday. Jeremy Herb and Connor O™Brien write Mattis, who ...
The U.S. Army has awarded Raytheon (NYSE: RTN) a potential three-year, $163.3 million contract to provide training services related to the Patriot air and missile defense system to Qatar through a foreign military sales agreement. The firm-fixed-price contract covers pre-Patriot military occupational training, Patriot training classes and ...
TYSONS CORNER, VA, Dec. 28, 2016 ” The State Department has approved the $37 million sale of 750 Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and associated equipment to the government of Kuwait, ExecutiveBiz reported Tuesday. The Defense Security Cooperation Agency said Friday the foreign military sales contract wil...
The Defense Logistics Agency has awarded 142 companies positions on a potential eight-year, $6 billion contract to compete for a range of information technology task orders in support of DLA and other Defense Department agencies. DLA awarded the indefinite-delivery/indefinite-quantity contract through a competitive procurement process and will ...
December 12 – December 16, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week reminded us that change is always a constant in the government contracting arena as we learned of an impending relocation by a large defense contractor and the return of a veteran GovCon...
Raytheon (NYSE: RTN) has received a potential one-year, $110.1 million contract modification to begin fiscal 2017 low-rate initial production of S-band radars and radar suite controllers for the U.S. Navy. The modification seeks to exercise an option in a contract awarded in 2013 in support of the service branch’s Air and Missile Defense R...
Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks registered...
Fitch Ratings has said it projects a 3 percent to 5 percent growth in the relevant areas of the global addressable defense market over the next three years with the U.S. budget to constitute 45 percent to 50 percent of the market. Fitch said Monday it estimates the addressable global defense market is worth approximately between...
GovCon Index-listed Cubic Corp. (NYSE: CUB) issued earnings and revenue guidance below Wall Street’s consensus outlook for the company’s 2017 fiscal year started Oct. 1 with expectations of delayed orders from the Defense Department to be received over the next 12 months. San Diego-based Cubic said in October the DoD ...
