Lockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy. Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal™s U.S. business will construct an Independence-variant combat vessel (...
Parsons has won a five-year, $63.2 million contract with options to support the Missile Defense Agency‘s warfighter strategic integration directorate in the deployment and integration of missile defense capabilities into the military services. The Defense Department said Thursday Parsons will provide planning, operations, life-cycle and p...
TYSONS CORNER, VA, March 31, 2016 ” Raytheon (NYSE: RTN) has received an order for 245 Stinger air-to-air missiles and launchers for India as part of a potential $3.1 billion foreign military sale agreement between the U.S. and Indian governments, ExecutiveBiz reported Wednesday. The company said Wednesday the FMS deal would also include a...
The GovCon Index extended its stretch of positive movement into a third full trading session Wednesday with a gain of 0.204 points to 74.334 as U.S. investors continued to gauge Tuesday’s comments from Federal Reserve Chair Janet Yellen on a potentially slower interest rate hike path for the central bank. Falls Church, Virg...
TYSONS CORNER, VA, March 30, 2016 ” CACI International (NYSE: CACI) will seek to provide geospatial analytic support to U.S. geographic combatant commands under a $180 million contract awarded by the U.S. Special Operations Command in early March, GovCon Executive reported Monday. The company said Monday the five-year contra...
A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has agreed to purchase the information technology services and consulting business of Dell for $3.05 billion as part of a push to expand further into new geographic markets such as the U.S. The companies did not disclose a timeline for the transaction’s cl...
Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have secured contracts worth $130.3 million combined to help reduce radar risks for the U.S. Air Force‘s Joint Surveillance Target Attack Radar System Recapitalization program. The service branch awarded $70.3 million to Northrop’s systems business and $60 mil...
Mar. 21 – Mar. 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A White House-mandated cybersecurity organization created to combine knowledge and experience from the public and private sectors added a new leader this week whose background includes stops on both side...
TYSONS CORNER, VA, March 24, 2016 ” Intelligent Software Solutions will continue to provide sustainment support to several U.S. military agencies located domestically and in Asia under a $2.6 million contract from the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said March 14 the contract covers research...
TYSONS CORNER, VA, March 23, 2016 ” Fortinet (Nasdaq: FTNT) and Intel (Nasdaq: INTC) have unveiled separate cybersecurity initiatives that seek to address shortages in the workforce and information-sharing activities, ExecutiveBiz reported Tuesday. San Jose Mercury News reported Tuesday Fortinet will open a Network Security Academy wh...
