The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
The U.S. Navy has awarded five companies task orders worth up to $342.7 million combined over six years to provide personal computer simulation, development and re-engineering support services for the Naval Education Training Command™s Naval Training Products and Services program. The firm-fixed-price, cost-plus-fixed-fee, multip...
TYSONS CORNER, VA, May 9, 2016 ” Globecomm Systems will supply its Summit and Explorer satellite communications terminals to government agencies under awards worth $7 million combined, ExecutiveBiz reported Friday. The company said Thursday it will also continue to offer its satcom product and service portfolio vi...
Harris (NYSE: HRS) has landed a $405 million foreign military sales contract from the U.S. Army to produce and deliver single-channel ground and airborne radio systems to Morocco. The company will provide the combat net radios along with ancillary items, spare parts, installation kits, training and fielding support services under the ...
May 2 – May 6 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The first full week of May represented another checkpoint for investors to gauge the financial performance of the U.S.™ largest government contractors and get an idea of what the domestic and global GovCon...
TYSONS CORNER, VA May 3, 2016 — Ross Wilkers, lead journalist for GovCon Wire and online editor for Executive Mosaic media properties, was interviewed for a radio segment scheduled to air Sunday morning on first quarter earnings reports from U.S. defense contractors and Wall Street’s current perceptions of the sector. Was...
Science Applications International Corp. (NYSE: SAIC) has received a potential five-year, $141 million task order from the U.S. Navy to provide a range of product development support services for current and future programs run by the Naval Sea Systems Command. SAIC said Thursday it will perform technical services such as systems engi...
TYSONS CORNER, VA, May 4, 2016 ” Orbital ATK (NYSE: OA) will supply the U.S. Army with three kinds of small-caliber ammunition under orders worth $210 million combined, ExecutiveBiz reported Tuesday. The company said Tuesday it will produce .50 caliber, 5.56mm and 7.62mm ammunition at the Lake City Army Ammunition Plant in Missou...
TYSONS CORNER, VA, May 4, 2016 ” The combined offering of Polycom‘s (Nasdaq: PLCM) VVX voice and video technology and Genband‘s Application Server has received certification under the Defense Information Systems Agency‘s Joint Interoperability Test Command, ExecutiveBiz reported Monday. Genband said Monday ...
The GovCon Index held negative throughout Tuesday trade and closed at a decline of 0.489 points to 76.365 with Harris Corp. (NYSE: HRS) as the largest lagger after another full-year guidance cut by the military radio maker. Melbourne, Florida-based Harris fell 5.48 percent — or $4.43 – after the company redu...
