The U.S. Postal Service has awarded contracts worth $37.4 million combined to six companies to produce a total of 50 prototype next-generation delivery vehicles for USPS. USPS said Sept. 16 half of the prototypes to be developed under the agency’s NGDV acquisition effort will include hybrid and new technologies such as...
TYSONS CORNER, VA, Sept. 21, 2016 ” Lockheed Martin (NYSE: LMT) has unveiled a bioenergy plant in New York that works to transform waste into renewable energy using a Concord Blue-built technology platform, ExecutiveBiz reported Tuesday. The technology utilizes the advanced gasification process to produce synthetic gas that could power a c...
TYSONS CORNER, VA, Sept. 21, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government policy, strategy and outreach at Inmarsat‘s government services business, has said satellite communications as a service works to deliver an integrated satcom architecture for the Defense Department, ExecutiveBiz reported Tuesday. Cowen-Hir...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
TYSONS CORNER, VA, Sept. 20, 2016 ” General Dynamics (NYSE: GD) will update the cryptographic modules on the U.S. Air Force‘s Air Identification Friend or Foe system under a $20 million contract, ExecutiveBiz reported Monday. The company said Sept. 6 it will deliver the KIV-78 combined interrogator/transponder applique...
The U.S. Air Force has awarded Al Raha Group for Technical Services a $355.9 million firm-fixed-price contract to provide integrated support services to Saudi Arabia’s fleet of Strike Eagle fighter aircraft. RGTS will also manage unclassified aircraft spares and support equipment as well as support base standups...
DynCorp International has been awarded a $107.2 million contract modification by the U.S. Navy to continue to provide trainer aircraft logistics support services for the Chief of Naval Air Training. The Defense Department said Friday the modification also covers organizational, intermediate and depot-level maintenance work o...
Anne Rung, administrator of the Office of Management and Budget™s Office of Federal Procurement Policy, will step down from her position by the end of September after two years on the job, Federal News Radio reported Friday. Jason Miller writes Rung will serve as head of Amazon Business (Nasdaq: AMZN) and will be responsible for...
TYSONS CORNER, VA, Sept. 16, 2016 ” CAE (NYSE: CAE) has supported the Australian and Canadian air forces as they participated in the U.S. Air Force-hosted Coalition Virtual Flag 16 multinational air combat training exercise, ExecutiveBiz reported Thursday. Australia and Canada employed CAE’s full-flight missi...
September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look at the wi...
