Bravura Information Technology Systems has won a potential four-year, $305.7 million contract to support the U.S. Army‘s tethered aerostat-based system for intelligence, surveillance and reconnaissance missions. The Army Contracting Command received four bids for the Persistent Surveillance Systems-Tethered s...
The U.S. Air Force has asked industry to submit proposals for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program and Long Range Standoff nuclear cruise missile system. The service branch said Friday it plans to award up to two contracts for the GBSD ICBM program in the fourth quarter of fiscal year 2017 and expect...
July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors™ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven ...
Lockheed Martin (NYSE: LMT) has secured a $67.6 million contract to engineer, manufacture and deliver automatic radar periscope detection and discrimination multi-mode radar kits to the U.S. Navy. The Defense Department said Thursday Lockheed’s mission systems and training business unit will produce up to 103 AN/APS-153(V)1...
Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst ou...
Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a rea...
ManTech International (Nasdaq: MANT) reported second quarter earnings Wednesday that topped the consensus analyst estimate in part on task order awards for cybersecurity support services to federal agencies. GovCon Index-listed ManTech said second quarter earnings came in at 39 cents per share versus Wall Street’s forecast of 35 ce...
Executive Mosaic’s GovCon Index advanced against choppy activity in the larger U.S. stock market Wednesday as five GCI stocks released quarterly financial results before the opening bell. The GovCon Index gained 0.223 points to 82.374 and four of the GCI’s 11 S&P 500-listed stocks moved higher as th...
The U.S. Air Force has awarded contract modifications worth a combined $88 million to 12 companies to provide information technology application services through the military branch’s Network-Centric Solutions-2 vehicle. The Defense Department said Tuesday work will occur through June 20, 2022 and the Air Force will determine ...
TYSONS CORNER, VA, July 25, 2016 ” Stacy Schwartz, vice president for public safety within AT&T‘s (NYSE: T) government solutions business, has said the public safety market is seeing increased adoption of video and mobility technologies, which organizations also use in combination to drive collaboration. “Mobile networ...
