Lockheed Martin (NYSE: LMT) has received a two-year, $204.3 million contract modification from the Missile Defense Agency to continue to provide support services for baseline 5.1 of the Aegis Ballistic Missile Defense system under increment 2 development phase. The modification brings the total contract value to $2.4 billion and also cover...
Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losse...
The U.S. Navy has awarded positions on a pair of indefinite-delivery/indefinite-quantity contracts worth up to $950.8 million combined over five years for sustainment work on the Littoral Combat Ships 1 variant class. BAE Systems‘ Southeast Shipyards Mayport division and General Dynamics‘ (NYSE: GD) NASSCO subsidiary can vie for task ord...
BL Harbert International has received a potential two-year, $85.1 million contract from the U.S. Army to build a command-and-control facility for the service branch™s Cyber Command headquarters at Fort Gordon in Georgia. The ARCYBER HQ C2 facility will be co-located with an operations facility for the cyber protection team at Fort Gordon, the D...
August 22 – August 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An investment analyst at the U.S.’ biggest and world’s fifth largest bank endorsed the defense sector this week in a note to investors with a forecast that views continued ̶...
TYSONS CORNER, VA, Aug. 25, 2016 ” Lockheed Martin (NYSE: LMT) plans to move the manufacturing base for the company’s F-16 aircraft to India in efforts to secure a potential order of more than 150 fighter jets under a military modernization program by the Indian government, ExecutiveBiz reported Wednesday. Bloomberg reporte...
BAE Systems and Raytheon (NYSE: RTN) have each received contracts worth nearly $228.3 million combined from Australia™s defense ministry for services in support of military projects there. Defense Minister Christopher Pyne announced the contract extensions for the two companies during a trip to Australia’s New South Wales s...
DRS Technologies has received a potential $400 million contract from the U.S. Army to develop a new Joint Assault Bridge system. DRS™ sustainment systems business unit will oversee the production of the hydraulic bridge launcher and M1A1 chassis assembly as well as system integration work under the indefinite-delivery/indefinite-quantity c...
Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 compan...
TYSONS CORNER, VA, Aug. 22, 2016 ”Parsons has secured two “bridge” contracts worth a combined $48 million from the Missile Defense Agency to deliver advisory and support services for the agency’s Ballistic Missile Defense System and Space and Directed Energy programs, ExecutiveBiz reported Friday. The company will su...
