Weekly Roundup March 20 – March 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The 2018 fiscal year budget blueprint released by the Trump administration last week has continued to be a hot topic in the GovCon community, particularly its request for an increased de...
Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into Executive Mosaic™...
Executive Mosaic, Tysons Corner, VA March 21, 2017 ” Peter Smith, president and CEO of American Systems, has been selected for this year’s Executive Mosaic Wash100 for his leadership in the test and evaluation market. The Wash100 is the premier group of private and public sector executives selected by Executive Mosaic™s organiza...
The State Department has approved the U.K.™s request to purchase AGM-114-R1/R2 Hellfire II Semi-Active Laser missiles from the U.S. government under a potential $150 million foreign military sales agreement. The U.K. government asked to buy 1,000 Hellfire II missiles, logistics assistance and related program services in orde...
Weekly Roundup March 13 – March 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It™s been a busy week for the Trump administration, with further federal budget alterations, official appointments and executive orders. The changes implemented by President Trump a...
The U.S. Army has awarded Boeing (NYSE: BA) a five-year, $3.28 billion contract modification to produce lots 7 to 11 of AH-64E Apache attack helicopters for Saudi Arabia as part of a foreign military sales deal. The Defense Department said Wednesday the company will also provide remanufactured and new build AH-64Es and ...
SpaceX has won a potential two-year, $96.5 million contract from the U.S. Air Force to help the service branch send a GPS III satellite into orbit. The Defense Department said Tuesday that SpaceX will conduct satellite launch vehicle production, launch operations, mission integration, mission and spaceflight worthiness efforts un...
The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $750 million contract to supply the U.S. Air Force with flight line spare parts. The Defense Department said Friday Lockheed won the contract, which contains a five-year base period plus three-year and two-year option periods, via a com...
The U.S. Air Force has awarded Orbital ATK (NYSE: OA) a five-year, $67 million contract to manufacture AIM-9P Sidewinder missile rocket motors for foreign military sales customers. The Defense Department said Thursday $8.4 million in foreign country military funds will be obligated for the initial delivery of Orbital ATK-bui...
TYSONS CORNER, VA, March 2, 2017 ” Australia’s fleet of Boeing-built (NYSE: BA) EA-18G Growler aircraft will potentially receive new radio jammers and radar systems through the country’s planned $191.6 million investment on the technology, ExecutiveBiz reported Wednesday. The Australian defense department said We...
