The GovCon Index recorded a narrow gain of 0.091 points to 79.018 Friday to post its third consecutive weekly rise as U.S. markets showed caution after the May payrolls report showed 38, 000 jobs created in May to fall well short of economist forecasts. According to CNBC, analysts expected the Labor Department to report 162, 000 new...
The U.S. Navy has awarded Northrop Grumman (NYSE: NOC) a $62 million contract modification to exercise an option on a cost-plus-fixed-fee contract for operation and maintenance support to the Broad Area Maritime Surveillance-Demonstrator aircraft. The modification covers logistics support, deployment of field services representatives ...
A joint venture of CTI and the URS Corp. environmental services business has been added to a potential seven-year, $500 million indefinite-delivery/indefinite-quantity contract vehicle for architecture and engineering services to the U.S. Air Force. The Defense Department said Thursday the contract covers architect-engi...
A business unit of L-3 Communications (NYSE: LLL) has won a nine-year, $1.9 billion contract to provide contractor logistics support for Boeing-built (NYSE: BA) KC/KDC-10 in-air refueling aircraft flown by the U.S. Air Force. The Defense Department said Wednesday L-3’s Vertex Aerospace business will operate and maintai...
The Defense Information Systems Agency has awarded a potential $73.2 million contract to Carlsbad, California-based company ViaSat (Nasdaq: VSAT) to provide Ku-band and Ka-band communications for the agency’s senior leaders and support staff. The Defense Department said Wednesday the contract covers ViaSat subscription-based services for perso...
TYSONS CORNER, VA., ‘June 1, 2016 — The Potomac Officers Club — a division of Executive Mosaic — announced the addition of three new speakers at their Spring 2016 Cybersecurity Summit. Patricia Larsen, Co-Director, National Insider Threat Task Force of Office of the Director of National Intelligence (ODNI); Dav...
The State Department has approved Australia™s request to procure a suite of Standard Missile-2 Block IIIB missiles and related equipment from the U.S. government under a potential $301 million foreign military sales agreement between both countries. Raytheon (NYSE: RTN) and BAE Systems will serve as principal contractors in&...
A Boeing (NYSE: BA) subsidiary has landed a potential $3.2 billion contract modification from the U.S. Air Force for Joint Direct Attack Munition tailkits. Boeing’s defense space and security business will supply JDAM strap-on inertial guidance tailkits designed to receive GPS guidance updates for conventional inventory bom...
Raytheon (NYSE: RTN) has won a potential five-year, $249.99 million contract to provide logistics integration services for the U.S. Marine Corps‘ ground equipment. The Marine Corps Logistics Command will use the logistics support to overhaul, repair and evaluate ground equipment secondary reparable items, the Defense Department said Tuesday. T...
United Launch Alliance has been awarded a $138.7 million contract modification to produce an Atlas V 541 launch vehicle system for the U.S. Air Force. The Defense Department said Tuesday the modification covers Atlas V rocket configuration and mission specific items for the service branch’s fou...
