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The U.S. Air Force has awarded 14 companies spots on a potential $998 million indefinite-delivery/indefinite-quantity contract to build weapon systems for the U.S. Air Force. Contractors will research, develop, test and evaluate weapon systems, subsystems and components under the shared multiple-award contract, the Defense Department said ...

Fluor (NYSE: FLR) has won a potential eight-year, $495 million contract from the U.S. Navy to provide base area support services at Joint Region Marianas in Guam. The Naval Facilities Engineering Command in Hawaii awarded the cost-plus-award-fee contract that covers general base support, port operations, ordnance, facility investment, administration...

An applied research laboratory within University of Texas at Austin has secured a potential five-year, $1.1 billion contract from the U.S. Navy to research, develop, engineer, test and evaluate multiple technology platforms for the Defense Department. DoD said Wednesday the laboratory will support the department’s R&D efforts in vario...

BAE Systems‘ information and electronic systems integration unit has received a $64.5 million contract to design, develop, manufacture and sustain an armament tester system for the U.S. Air Force‘s bomber aircraft fleet. The Defense Department said Wednesday the contractor will support the engineering and manufacturing developm...

The Executive Mosaic GovCon Index (GCI) reached a new high closing up 0.805 percent to 107.295. Advancing shares outpaced declining 3 to 1. The major indices moved upward on speculation that President Trump’s tax-cut plan could become a reality by year end. The S&P500 closed up 0.41 percent to 2,507.04,&n...

TYSONS CORNER, VA, Sept. 27, 2017 ” Boeing‘s (NYSE: BA) business in Australia has utilized virtual reality and simulation technology to build a training platform for NASA‘s future CST-100 Starliner spacecraft, ExecutiveBiz reported Tuesday. The company said Tuesday the trainer is part of its space research and develop...

TYSONS CORNER, VA, Sept. 27, 2017 ” A subsidiary of Northrop Grumman (NYSE: NOC) has unveiled a new unmanned ground vehicle designed to meet Defense Department interoperability standards in order to accommodate future updates and support various missions, ExecutiveBiz reported Tuesday. The company said Monday Remotec‘s Noma...

TYSONS CORNER, VA, Sept. 27, 2017 ” Red Hat (NYSE: RHT) has unveiled a new facility in Singapore that will serve to help Asia-Pacific customers adopt open source and DevOps approaches in their information technology applications, ExecutiveBiz reported Tuesday. The company said Monday the first Red Hat Open Innovation Labs hub in the region...

TYSONS CORNER, VA, Sept. 27, 2017 ” BAE Systems aims to establish a digital shipyard in Australia to support the construction of nine anti-submarine warfare ships for the country’s navy as part of the company’s bid for the SEA 5000 Future Frigate contract, ExecutiveBiz reported Monday. The company said Thurs...