TYSONS CORNER, VA, Jan. 24, 2017 ” The U.S. Army has awarded a $33.1 million contract modification to L3 Technologies‘ (NYSE: LLL) combat propulsion systems business unit for transmission systems, related ancillary hardware and operational reliability services, ExecutiveBiz reported Monday. L3 will deliver 800-horsepower tr...
The State Department has approved Kuwait™s request to buy advanced medium range air-to-air missiles and logistics support for Boeing-built (NYSE: BA) AH-64D Apache helicopters under a pair of foreign military sales agreements worth approximately $510 million combined. Kuwait requested to procure contractor logistics and sustainme...
Weekly Roundup January 16 – January 20 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson All eyes were on Washington today as Donald Trump took the oath of office on Capitol Hill to become the 45th President of the United States and officially usher in a time we...
Advanced Technology International has won a potential five-year, $99 million indefinite-delivery/indefinite-quantity contract to support the U.S. Navy‘s center of excellence for composites manufacturing technology. The Defense Department said Thursday the military branch will concurrently award two task orders worth a ...
Executive Mosaic’s GovCon Index traded higher Wednesday on help from its large-cap components against mixed U.S. stock movements as investors awaited Federal Reserve chair Janet Yellen’s speech on the U.S. economy during the last hour of trade. GovCon Index gainers slightly edged decliners each and nine...
The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a one-year, $140 million contract modification to provide payload and operations support for an airborne communications relay that works to help warfighters transmit data and gain situational awareness. Northrop will perform support work on the Battlefield Airborne ...
Dirk Hoke, CEO of Airbus‘ defense and space segment, has said he expects to see changes to military spending in Europe next year and anticipates “intensive” discussions among European countries about the future of NATO, Reuters reported Tuesday. “This discussion is long overdue when you consider that only five...
Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an...
Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the ...
Steve Fendley, formerly senior vice president, general manager and chief technology officer of the composite engineering business within Kratos‘ (Nasdaq: KTOS) unmanned systems division, will assume the role of corporate SVP and president of KUSD. The company said Tuesday Fendley will be in charge of programs on tactical unmanned com...
