The U.S. Navy has awarded six companies contracts worth up to $230.6 million combined for curriculum development and maintenance services to the military branch’s Naval Training Products and Services Program. Each indefinite-delivery/indefinite-quantity contract has an ordering period of three years and a three-year option ...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has been awarded a pair of contract modifications with a combined value of $176 million to maintain and repair the U.S. Navy‘s fast attack submarine USS Montpelier. Electric Boat will also perform alterations, testing and routine work on USS Montpelier during the ...
TYSONS CORNER, VA, Oct. 18, 2016 ” Mark Testoni, president and CEO of SAP National Security Services (NYSE: SAP), believes that law enforcement and intelligence agencies face a challenge in utilizing big data analytics to predict crime and terrorist attacks due to various controls, ExecutiveBiz reported Thursday. He said in a Bloomber...
October 10 – October 14, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We have yet another player in the GovCon M&A scene in the form of the company whose satellites help governments and businesses around the world map every piece of planet Earth down to the fine...
AM General has received new contracts and contract modifications worth a combined $151 million to supply Humvee vehicles to the U.S. military’s National Guard and Reserve components as well as Afghanistan and Ukraine. The company said Monday it will produce 360 M1152A1B2 Humvees and 73 M1151A1B1 Humvees for Afghanistan...
TYSONS CORNER, VA, Oct. 12, 2016 ” IBM (NYSE: IBM) and Siemens have entered into an alliance that seeks to promote the application of Population Health Management platforms to treat patients afflicted with complex and chronic illnesses, ExecutiveBiz reported Tuesday. IBM said Tuesday the partnership combines its Watson Health cognitiv...
CGI (NYSE: GIB) has received a potential $824 million task order contract to provide cloud hosting, operations, maintenance and reporting services under the U.S. Agriculture Department‘s financial management shared services program. The awarding of the contract comes after the General Services Administration and the Office of Management and Bu...
Executive Mosaic’s GovCon Index plunged 1 percent Tuesday to post its worst one-day performance in two months with all 30 companies in red at the close as U.S. financial markets entered sell-off mode on investor worries over dim third quarter corporate earnings and the fast pace of inflation. Six of the GovCon Index’s 10 l...
Satellite imagery provider DigitalGlobe (NYSE: DGI) has agreed to purchase Chantilly, Virginia-based geospatial information services contractor The Radiant Group for $140 million in an effort to diversify revenue and add new offerings and staff to support the U.S. intelligence and special operations community. DigitalGlobe said Tuesday i...
General Dynamics (NYSE: GD) has received a potential $508.7 million firm-fixed-price contract to re-engineer the U.S. Army‘s fleet of Stryker ground combat vehicles. The Defense Department said Friday that the company will update an estimated 215 Stryker flat-bottom armored vehicles to a double-V hull enginee...
