Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks registered...
Lockheed Martin (NYSE: LMT) has been awarded a four-year, $133.4 million contract modification by the U.S. Air Force to provide a stretch version of the C-130J Super Hercules airlifter to France. Lockheed’s aeronautics business will build C-130J-30 aircraft for the French military at a company facility in Marietta, Georgia, and ...
A United Technologies Corp. (NYSE: UTX) subsidiary has secured a $309.8 million contract from the U.S. Navy to provide propulsion system services in support of the F-35 Joint Strike Fighter program. The Defense Department said Wednesday that Pratt & Whitney will supply hardware, training course materi...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential nine-year, $1.20 billion contract to support modernization of South Korea’s fleet of F-16 Fighting Falcon jets. Lockheed will perform the F-16 upgrades as part of a foreign military sales agreement between the governments of the U.S. and South Korea, the Defense Depart...
A subsidiary of oil producer BP has won a one-year, $559 million contract from the Defense Logistics Agency to supply fuel products to the U.S. Army, Navy and Air Force. The Defense Department said Friday BP Products North America will perform work under the fixed-price, economic-price-adjustment contract in Illinois, Singapore a...
The State Department has given Kuwait the go-ahead to procure Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft and related components and support from the U.S. government under a potential $10.1 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electr...
Five companies have won two-year contracts worth up to $252.5 million combined for retail electricity and ancillary/incidental services to various U.S. federal departments and military branches. The Defense Logistics Agency‘s energy organization received eight offers for the contracts through a competitive procurement and t...
Ensco has won a potential six-year, $145 million contract to perform systems engineering and integration efforts for the range and network division of the U.S. Air Force‘s Space and Missile Systems Center. Work will occur in Los Angeles, California and in Colorado Springs, Colorado, and covers support for all phases of the ...
The State Department has approved U.K.™s request to buy $1 billion in General Atomics-built Predator B remotely piloted aircraft and related support from the U.S. government under a foreign military sales agreement between both countries. The U.K. government asked to procure up to 26 Predator B drones, 12 ground control stations, 25 m...
Kevin Benedict, former vice president of business development at SES Government Solutions, has joined Atlanta-based remote field communications and information technology provider DataPath as senior VP of U.S. government sales. DataPath said Tuesday Benedict will oversee efforts to expand the company’s work with U.S. defens...
