Weekly Roundup May 1 – May 5 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Earlier this week, Congress finally reached an agreement on the contentious fiscal 2017 budget. The $1.16 trillion omnibus spending bill allocates $598.5 billion in discretionary funding to the Dep...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $1.38 billion contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The Defense Department said Friday the materials are needed for the manufacture of 130 lot 12 F-35s in support of U.S Air Force, Marine Corps, ...
Boeing (NYSE: BA) has received a $541.1 contract modification from the U.S. Army to manufacture lot 15 CH-47F cargo renew and new build helicopters for Netherlands under a foreign military sales deal. The Defense Department said Friday the full obligated amount at the time of award of the modification is from fiscal 2010, 2016 and 2017...
Weekly Roundup April 24 – April 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For months, we™ve all been reading about the proposed wall along our nation™s southern borders, headlines describing the billions of dollars that will be needed to fund such an...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $422.7 million contract modification from the U.S. Navy to obtain special tools and test equipment for the tenth batch of F-35 jets. The Defense Department said Wednesday the modification covers purchases from the Navy, U.S. Air Force and Marine Corps as well a...
Vectrus Systems (NYSE: VEC) has won a potential $115 million contract from the U.S. Army to continue operations and maintenance, information technology support and supply services for the U.S. Army Europe, U.S. European Command and U.S. Africa Command. The company said Wednesday the Operations, Maintenance and Supply“Europe contract h...
U.S. Customs and Border Protection (CBP) plays a starring role in President Donald Trump™s new executive orders, and CBP chief Ronald Vitiello spoke Wednesday morning at the Potomac Officers Club about the new opportunities and challenges ahead. Since Trump™s election, CBP has seen a œdramatic change in the flow of people coming to th...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $109.6 million contract modification to support Block 3F upgrade of company-built F-35s. The Defense Department said Tuesday the modification covers the provision of 567 modification kits for offboard system hardware and turnaround assets as well as recurring labor...
https://www.youtube.com/watch?v=Iva8PjSbDMA The Defense Department is using less energy. Nellis Air Force Base, Nev., was one of the first military bases to adopt solar panels to increase energy efficiency. Solar panels help to minimize the base™s carbon footprint and use an energy source that is abundant at Nellis, which averages about 160 day...
Raytheon‘s (NYSE: RTN) missile systems business has received a $78.7 million contract modification to provide sustainment and support services for AIM-9X Sidewinder Block II missiles of the U.S. Navy and the U.S. Air Force as well as 20 government clients under the Foreign Military Sales program. The Defense Depar...
