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Five companies have won positions on a potential five-year, $249 million foreign military sales contract to offer education and training services for a U.S. Army‘s Security Assistance Training Management Organization. The Defense Department said Tuesday contractors will support USASATMO’s overseas security assistance training activities ...

Lockheed Martin (NYSE: LMT) and Rockwell Collins (NYSE: COL) have won three-year contracts from the U.S. Air Force to perform risk reduction and technology maturation work on a platform designed to replace the service™s aerial launch control system. The military branch awarded an $80.7 million contract to Lockheed™s space systems business ...

The U.S. Army has awarded Georgia Tech Applied Research Corp. a potential five-year, $91.5 million contract to provide engineering and scientific services for the military branch’s threat simulator program. GTRC is scheduled to finish work under the cost-plus-fixed-fee contract by Sept. 30, 2022, the Defense Department said Tues...

ManTech International (Nasdaq: MANT) has wrapped up its $180 million cash acquisition of Bethesda, Maryland-based information technology platforms provider InfoZen. ManTech said Monday it will run InfoZen as part of its mission solutions and services group headed by Daniel Keefe and expects the IT services contractor to contribute app...

The Executive Mosaic GovCon Index (GCI) continued its strong performance gaining 1.144 percent to set a new high of 108.47 with advancing shares outpacing declining 28 to 2. The markets started off the fourth quarter on a strong note with all three major indices reaching new record highs. The S&P500 was up 0.39 percent to 2,5...

TYSONS CORNER, VA, Oct. 2, 2017 ” Rob Davies, executive vice president of operations at ViON, has joined other industry executives in backing the Defense Department‘s effort to accelerate its information technology systems migration to the cloud, ExecutiveBiz reported Tuesday. “There™s a ton of innovation that™s avail...