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...
The U.S. Navy has awarded Raytheon (NYSE: RTN) a $235 million contract to fund the fourth year of full-rate production of Standard Missile-6 all-up rounds and spares. Raytheon said Monday it is scheduled to begin delivery of new SM-6 multimission missiles to the Navy in 2018. The company added the mi...
The State Department has named L3 Technologies‘ (NYSE: LLL) platform integration division as prime contractor on a potential $418 million foreign military sale of Air Tractor AT- 802L aircraft and services to Kenya. The Defense Security Cooperation Agency said Monday the proposed deal covers as many as 12 Air Tractor and tw...
The State Department has approved Kuwait™s request to buy advanced medium range air-to-air missiles and logistics support for Boeing-built (NYSE: BA) AH-64D Apache helicopters under a pair of foreign military sales agreements worth approximately $510 million combined. Kuwait requested to procure contractor logistics and sustainme...
