September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year ending on Sept...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $132.6 million contract modification to provide two KC-130J Super Hercules configured aircraft to France under the foreign military sales program. Lockheed’s aeronautics segment will perform contract work at a company facility in Marietta, Georgia t...
TYSONS CORNER, VA, Sept. 7, 2016 ” Maximus (NYSE: MMS) will provide program management services to Idaho’s department of health and welfare under a new contract to support the Idaho Employment and Training Services Program, ExecutiveBiz reported Tuesday. The company said Tuesday it will oversee the state initiative tha...
Bill Toti, former president of the global defense segment at Cubic Corp. (NYSE: CUB), has joined Hewlett Packard Enterprise (NYSE: HPE) as vice president for defense and homeland security, GovCon Wire has learned. He will oversee HPE’s work with the departments of Defense, Homeland Security, Justice and State in hi...
The U.S. government could approve this month a pair of foreign military sales agreements for Qatar and Kuwait to procure up to 76 Boeing-built (NYSE: BA) F-15 and F/A-18E/F Super Hornet jets worth an estimated $7 billion, Reuters reported Thursday. Tom Finn and Andrea Shalal write sources said the deals include the sale of 3...
Executive Mosaic’s GovCon Index started September with a slight decline Thursday to register its third straight loss as Vectrus (NYSE: VEC) plunged almost 20 percent on the loss of a contract for Middle East-based logistics services the company held since 2010. Colorado Springs-based Vectrus said pre-open the Army Prepositioned Stock...
Avaya has named Jerry Dotson, former vice president for civilian sales, as the new VP for civilian and advanced programs within the company’s government solutions business. Dotson will oversee the design and implementation of communication services to support the various operations of Avaya government customers, the company said Thur...
The Department of Homeland Security has awarded a potential eight-year, $117 million contract to Chantilly, Virginia-based contractor Chenega Infinity for security services at four DHS-operated law enforcement training centers in the U.S. DHS announced the award in a Wednesday FedBizOpps notice and said the company will be responsible...
Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumm...
Craig McKinley, president and CEO of the National Defense Industrial Association, plans to retire by Dec. 31 after a two-year term as the trade group’s leader. NDIA said Monday he has led the association’s efforts to develop a new strategic direction and establish relationships with government, corporate and academic stakehold...
