An L-3 Communications (NYSE: LLL) division has landed a seven-year, $200 million contract from the U.S. Air Force to offer warfighter readiness and training research. L-3 Link Simulation and Training will research, develop, evaluate and validate training approaches, methods, tools and infrastructure, the Defense Department said Thursday. The Ai...
Harris (NYSE: HRS) subsidiary Exelis has received two contract modifications with a combined value of $73.5 million from the U.S. Air Force to provide system engineering and sustainment support for two radar systems. The Defense Department said Thursday the first modification requires mission assurance and other services for the&...
Six companies listed in Executive Mosaic’s GovCon Index plus another large non-GCI government contractor reported their latest quarterly earnings statements before U.S. financial markets opened Wednesday. Of those seven total, six posted results for the first quarter of their respective fiscal years that run on a calendar basis, with one fo...
The U.S. Navy has awarded an Orbital ATK (NYSE: OA) business unit a $121.4 million contract modification to exercise an option to convert AGM-88B High-Speed Anti-Radiation Missiles into 145 Lot 5 full-rate production, anti-radiation guided missile all-up-rounds. Orbital ATK’s defense electronic systems unit will also provid...
A Textron (NYSE: TXT) business unit has been awarded a $116.5 million contract to update a tactical unmanned aircraft system the U.S. Army operates for intelligence, surveillance and reconnaissance missions and to relay communications. Textron™s unmanned systems business will work to update 24 of the&nbs...
The U.S. Air Force has awarded Hewlett Packard Enterprise (NYSE: HPE) a 10-year, $443.2 million contract to support information technology systems and applications for U.S. Strategic Command. Five offers were submitted to the Air Force’s 55th Contracting Squadron for the Stratcom Information Technology Capabilities Con...
TYSONS CORNER, VA, April 21, 2016 ” Lockheed Martin (NYSE: LMT) and the Defense Department‘s F-35 joint program office have concluded initial tests on a prototype third-generation helmet for the fighter jet, ExecutiveBiz reported Wednesday. Defense News reported Tuesday the team also integrated design updates on the F-35 es...
Lockheed Martin (NYSE: LMT) has received a $181.8 million contract modification from the Naval Air Systems Command to manufacture alternate mission equipment for low-rate initial production lot 9 F-35s. The Defense Department said Friday that Lockheed will build and deliver F-35 pilot flight tools, red gear and armaments to the U.S. Navy, Marin...
April 11 – April 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among companies in the government services sector over the last half-decade has inevitably led market observers to ponder the prospects of merger-and-acquisition deals between the la...
Peter Kane, formerly a vice president at McLean, Virginia-based technology services contractor Altamira Technologies, has been appointed to the role of chief operating office and will handle all of the company’s contract and program-related functions. Altamira said Wednesday Kane holds at least three decades of experience in pro...
