The State Department has approved Kuwait™s request to buy gap-filler radars and related support from the U.S. government under a potential $194 million foreign military sales agreement. Kuwait asked to procure six gap-filler or short-range radars and a long-range radar as well as services to support updates to the AN/FPS 117 (V)3 long...
Executive Mosaic’s GovCon Index pared much of its losses during afternoon trade Thursday but failed to close in green as Cubic Corp. (NYSE: CUB) tumbled after the company warned full-year earnings and revenue would fall below prior guidance on funding delays from the Defense Department. GovCon Index gainers slightly edged laggers aft...
Damian DiPippa, a former vice president at Engility Corp. (NYSE: EGL), has joined ManTech International (Nasdaq: MANT) as senior VP and general manager of mission and intelligence solutions and will oversee efforts to augment the company’s managed service models. ManTech said Wednesday DiPippa will also supervise the contractor&...
The Boston Consulting Group has appointed Brad Carson, former acting undersecretary for personnel and readiness at the Defense Department, as senior adviser and named Trent Reasons, former director of analysis at the Treasury Department, as associate director. BCG said Tuesday Carson will support the management consult...
The U.S. Navy has awarded Ultra Electronics 3eTI a potential four-year, $82 million contract to continue to provide platforms designed to monitor and control the service branch™s critical infrastructure. The cost-plus-fixed-fee contract has a one-year base term valued at approximately $48.5 million and covers endpoint security, industrial contr...
General Dynamics (NYSE: GD) has received a potential $508.7 million firm-fixed-price contract to re-engineer the U.S. Army‘s fleet of Stryker ground combat vehicles. The Defense Department said Friday that the company will update an estimated 215 Stryker flat-bottom armored vehicles to a double-V hull enginee...
Executive Mosaic’s GovCon Index registered its second loss of at least 1 percent in six sessions Friday to register its second consecutive weekly decline on Honeywell International‘s (NYSE: HON) largest one-day plunge in 15 months on an earnings guidance miss and other falls by mid-tier contractors. Friday’s sharp de...
North American Rescue has won a position on a potential five-year, $107.2 million contract vehicle managed by the Defense Logistics Agency for the supply of hospital equipment and accessories. The Defense Department said Thursday DLA received 125 bids via a competitive acquisition and the company will supply the products for DLA’...
Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
Lockheed Martin (NYSE: LMT) has been awarded a potential $214.5 million contract to perform logistics, maintenance and support work on automated test equipment for the U.S. Navy. The Defense Department said Tuesday that Lockheed will support as many as 400 Consolidated Automated Support System stations and 150 reco...
