July 5 – July 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Americans everywhere celebrated the country™s 240th birthday Monday and those interested in the U.S. space program had another reason to cheer as NASA™s Juno vehicle arrived inside Ju...
Lockheed Martin (NYSE:LMT) has secured a five-year, $504.3 million contract extension for in-service support to the Canadian air force’s fleet of C-130J Super Hercules aircraft. The company said Thursday it will continue to lead performance-based logistics for the operations, sustainment and maintenance of the 17-unit CC-13...
TYSONS CORNER, VA, July 6, 2016 ” In-Q-Tel has invested $5 million on Orbital Insight to support further development of that company’s geospatial big data platform, ExecutiveBiz reported Tuesday. Orbital Insight said June 27 it also received $15 million in Series B funds from GV, CME Ventures, Sequoia Capital, Lu...
Luxembourg-based communications satellite operator SES has exercised a call option to acquire the remaining 50.9 percent stake in Channel Islands-based satellite broadband services provider O3b Networks through an estimated $730 million deal with other O3b shareholders. SES said Monday it will use money the company rais...
KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per ye...
Raytheon (NYSE: RTN) has received a potential $291.8 million contract modification from the U.S. Navy to build 660 full-rate production Lot 16 AIM 9X Block II Sidewinder tactical missiles and related components for several domestic and foreign military customers. The Defense Department said Friday the modification also includes 2...
TYSONS CORNER, VA, June 30, 2016 ” Engility (NYSE: EGL) will support the U.S. Army‘s tactical intelligence gathering and dissemination efforts under a potential $24 million contract, ExecutiveBiz reported Wednesday. The company said Wednesday the contract is part of the Army’s Tactical Exploitation of National Capabilities...
Darius Adamczyk, president and chief operating officer at Honeywell (NYSE: HON), will serve as the technology and manufacturing company™s CEO, effective March 31, 2017. Adamczyk will succeed Dave Cote, who will continue to serve as Honeywell™s executive chairman through April 2018 and then commence a five-year noncompete and consultin...
Ronnie Hawkins, a retired U.S. Air Force lieutenant general and former director of the Defense Information Systems Agency, has joined the federal advisory board of San Francisco-based mobile security provider Lookout. Hawkins will work with the Lookout executive team to inform public sector customers about potential security risks from aut...
The General Services Administration has issued its formal requests for bids on two governmentwide information technology acquisition contracts with a combined total ceiling of $50 billion over 10 years. GSA said Monday it will accept industry proposals for the Alliant 2 and Alliant 2 Small Business contracts through Aug. 29. œThe...
