MD Helicopters has secured a potential $1.39 billion foreign military sales contract from the U.S. Army to produce approximately 150 MD 530F helicopters for Afghanistan. The Defense Department said Tuesday the contract also covers program management, delivery, pilot training and maintenance support services. MD Helicopters will perform work through ...
Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said UTC™s move to acquire Rockwell Collins (NYSE: COL) under an estimated $30 billion deal seeks to advance the development of digital platforms for the aviation sector, Reuters reported Tuesday. Hayes told Reuters the proposed acquisition also aims to facilitate the ...
Huntington Ingalls Industries (NYSE: HII) will continue to provide support services for U.S. Navy nuclear submarines under a two-year, $105 million contract modification. The Defense Department said Tuesday the modification covers database and configuration management, integrated logistics, engineering, technical, design, research, development...
The Executive Mosaic GovCon Index (GCI) reversed its five days of positive direction to close down today. The GCI was off 0.66 percent to close at 101.601. Declining shares outpaced advancing 3 to 1.he week. The major indices all closed to the negative with the S&P500 ending a six-day rally to&nb...
TYSONS CORNER, VA, Sept. 5, 2017 ” Leidos (NYSE: LDOS) is a presenting sponsor at the upcoming 42nd Marine Corps Marathon in Arlington, Virginia, on Oct. 22 in support of the U.S. Marine Corps‘ community initiatives, GovCon Executive reported Friday. “The Marine Corps Marathon is emblematic of the strength and determination exh...
TYSONS CORNER, VA, Sept. 5, 2017 ” Lockheed Martin (NYSE: LMT) has begun the construction of a future 266,000-square-foot satellite manufacturing facility in Colorado in efforts to address upcoming production requirements, ExecutiveBiz reported Friday. The Denver Business Journal reported Thursday that Lockheed’s space systems busine...
TYSONS CORNER, VA, Sept. 5, 2017 ” L3 Technologies (NYSE: LLL) has received a $69.3 million contract from the U.S. Army to provide hardware that will work to support the teaming of manned and unmanned aircraft systems, ExecutiveBiz reported Friday. The Defense Department said Thursday the award also calls for technical and engineering...
TYSONS CORNER, VA, Sept. 5, 2017 ” ManTech International (Nasdaq: MANT) will provide test, integration and diagnostic services in support of U.S. Navy and Marine Corps aircraft safety under a potential $39.6 million contract, ExecutiveBiz reported Friday. The company said Thursday the Naval Air Warfare Center Aircraft Division aw...
TYSONS CORNER, VA, Sept. 5, 2017 ” Orbital ATK (NYSE: OA) has collaborated with NASA to check the capability of a robotic platform that will work to support the assembly of space structures in the future as part of a ground demonstration at the Langley Research Center, ExecutiveBiz reported Thursday. The space agency said Thursday&nbs...
The Friday before Labor Day the Executive Mosaic GovCon Index (GCI) continued to climb for the fifth consecutive day to close up 0.588 percent to 102.099. ICF (NYSE; ICFI), topped the GCI with 7.18 percent gain on the day and 8.10 points or 18.7 percent on the week. The major indices all closed Friday with positive gain...
