The GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains. U.S. markets also struggled for direction after the early morning terrorist attacks at the main airport and a subway station in Brussels that killed at...
Oshkosh Corp. (NYSE: OSK) has received three contract modifications worth a combined $433 million to provide heavy-duty vehicles for U.S. Army tactical operations. The Defense Department said Monday work under the contract modifications are scheduled to finish Nov. 30, 2017, and the Army will use fiscal 2016 other procurement fu...
Boeing (NYSE:BA) has landed a $184.9 million contract from the U.S. Army for the full-rate production of Lot 7 AH-64 Apache helicopters. The Army Contracting Command awarded the contract through a solicitation with one bid received, the Defense Department said Monday. The full obligated amount is from fiscal 2016 “othe...
TYSONS CORNER, VA, March 21, 2016 ” The integrated Polycom (Nasdaq: PLCM) and Genband Local Session Controller technology has completed a certification test by the Joint Interoperability Test Command, ExecutiveBiz reported March 8. Genband said March 7 the two companies await the JITC final certification before their jo...
Ken Myers, former director of the Defense Threat Reduction Agency, has joined Arlington, Va.-based government logistics service contractor PAE as president of the company™s national security solutions business unit. PAE said Monday Myers will oversee the NSS unit that PAE created in 2015 from its January 2015 acquisition&nbs...
Exelis has received an $88.3 million contract modification to produce and deliver onboard electronic jammer systems for the U.S. Navy™s F/A-18C/D/E/F aircraft. The Defense Department said Friday the award exercises a contract option for 48 full-rate production Lot 13 of the AN/ALQ-214 integrated defensive electronic countermeasur...
The GovCon Index continued it positive trend for the third consecutive day closing up 1.417% to 75.314. According to Bloomberg, the Dow and S&P 500 closed Friday in positive territory for 2016. Strong performance from emerging market stocks, and oil prices helped prop up stock prices. Top GovCon Index Gainers Symbol Company $ Current Price ...
Mar. 14 – Mar. 18 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A Vienna, Virginia-based contractor that has been among the most prominent small businesses in federal contracting has started a new path in its two-decade journey from humble beginnings. Indus Corp., th...
TYSONS CORNER, VA, March 18, 2016 ” A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture has received a performance-based logistics award from the Defense Department for its work in the Javelin program, GovCon Executive reported Thursday. Lockheed said Wednesday its Javelin Joint Venture and the U.S. Army‘s ...
The GovCon Index continued on a steady upward trend to close at 74.289, up 0.408%. The Index rode the market up as WTI broke the $40/barrel mark and on positive economic news from the Federal Reserve agreeing to hold interest rate firm, at least for the time being. According to Bloomberg, stocks are finally in the...
