The State Department has approved foreign military sales agreements worth approximately $8.6 billion combined with Saudi Arabia, United Arab Emirates, Qatar and Morocco. Saudi Arabia requested to buy 48 Boeing-built (NYSE: BA) CH-47F Chinook helicopters, aircraft engines, GPS inertial navigation platforms, machine guns and common missile w...
Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s ...
GovCon Index-listed Science Applications International Corp. (NYSE: SAIC) reported third quarter earnings above the consensus Wall Street analyst forecast Thursday as the government contractor also set a record book-to-bill ratio since its September 2013 spinoff from former parent Leidos Holdings (NYSE: LDOS). SAIC reported $0.91 earnings per share ...
The U.S. Army has awarded four companies positions on a potential three-year, $47 million contract that covers organizational, administrative and technical personnel and equipment. The Defense Department said Wednesday contractors will provide staff and equipment to support theater combatant commands, theater special operati...
Fifteen companies have won positions on a pair of five-year contracts worth up to $660 million combined to design and build new facilities as well as renovate or repair existing infrastructure for the U.S. Air Force. The Air Force picked 12 companies to compete for engineering, design and construction work in the U.S. east region unde...
Boeing (NYSE: BA) has agreed to purchase Sunnyvale, Calif.-based autonomous maritime vehicle manufacturer Liquid Robotics for an undisclosed sum in the airplane maker’s strategy to create new information services functions between the ocean and space. Boeing said Tuesday its acquisition of the company behind the W...
Steve Weiss, former executive vice president for government business operations at CACI International (NYSE: CACI), officially joined Accelera Solutions Dec. 1 as president and chief operating officer of the Fairfax, Virginia-based cloud computing and mobile device services provider. He brings to Accelera more than three dec...
General Atomics‘ aeronautical systems business has been awarded a $127.6 million contract from the U.K.’s defense ministry to build a new unmanned aircraft platform for the country’s air force. The ministry said Sunday the company will modify its current drone technology to develop the Protector remote...
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Executive Mosaic’s GovCon Index traded higher Friday in a mixed session for U.S. stocks as investors looked at November jobs figures above economists’ expectations and furthered anticipation of an interest rate hike Dec. 14. The GCI ends at its fourth straight weekly advance, while the S&P 500 closed flat Friday on financial stock de...
