Aero Turbine has won a potential $128.8 million indefinite-delivery/indefinite-quantity contract to overhaul J85-GE-5/-21 turbojet engine components for the U.S. Air Force. The Defense Department said Wednesday that Aero Turbine will perform contract work at a company facility in Stockton, California, through July 24, 2022. The s...
A General Dynamics (NYSE: GD) subsidiary has received a one-year, $115.7 million contract modification to continue to provide logistics support for the C-20 and C-37 aircraft platforms of the U.S. Air Force, Army, Navy, Marine Corps and Coast Guard. The Defense Department said Wednesday that General Dynamics’ Gulfstream Aer...
https://www.youtube.com/watch?v=vEXpipsEOAs Defense Secretary James Mattis gives opening remarks during the Defense Department’s annual observance ceremony honoring Dr. Martin Luther King at the Pentagon, Jan. 25, 2017...
TYSONS CORNER, VA, Jan. 25, 2017 ” Orbital ATK (NYSE: OA) has received a $50 million order from the U.S. government to supply non-U.S. standard ammunition to the Defense Department and international allies, ExecutiveBiz reported Tuesday. The company said Monday the award adds to at least $200 million in non-U.S. standard amm...
The U.S. Air Force has awarded five companies contract modifications worth $66.7 million combined for medical support services at 67 military treatment facilities across the U.S., District of Columbia and Guam. The Defense Department said Tuesday the modifications extend the ordering period for the Air Force’s Medical Suppo...
Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also...
TYSONS CORNER, VA, Jan. 24, 2017 ” The U.S. Army has awarded a $33.1 million contract modification to L3 Technologies‘ (NYSE: LLL) combat propulsion systems business unit for transmission systems, related ancillary hardware and operational reliability services, ExecutiveBiz reported Monday. L3 will deliver 800-horsepower tr...
TYSONS CORNER, VA, Jan. 24, 2017 ” PV Puvvada, president of Unisys‘ (NYSE: UIS) federal systems business, predicts that the U.S. government will increase efforts to develop offensive cyber techniques in 2017 to help strengthen the cybersecurity of government data, political systems and the country’s critical infr...
TYSONS CORNER, VA, Jan. 24, 2017 ” The U.S. Navy has awarded a BAE Systems business unit a $68.5 million contract for facilities and human resources services in support of the modernization, repair and sustainment of the USS Roosevelt guided missile destroyer, ExecutiveBiz reported Monday. BAE’s Southeast Shipyard Mayport will p...
The State Department has moved to clear a proposed $400 million foreign military sale of logistics services and associated equipment in support of the U.K.’s Boeing-built (NYSE: BA) C-17 military transport aircraft. The Defense Security Cooperation Agency said Monday the U.K. government requested sustainment engineering, quality assu...
