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General Dynamics (NYSE: GD) Electric Boat subsidiary has received a potential $5 billion contract to complete design work on the lead Columbia-class ballistic missile submarine for the U.S. Navy. The Integrated Product and Process Development contract includes funds for the development of submarine components and technologies as well ...

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 ended the day at 2,500.60...

TYSONS CORNER, VA, Sept. 21, 2017 ” Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Leidos (NYSE: LDOS) have the three highest revenue from information technology sales to the federal government in 2017 among companies that earn more than one third of their revenue from government clients, ExecutiveBiz reported Wednesday. IDC Gove...

TYSONS CORNER, VA, Sept. 21, 2017 ” Mitre will collaborate with Japan’s National Institute of Information and Communications Technology to build on cyber and physical security measures in preparation for the 2020 Summer Olympics in Tokyo, ExecutiveBiz reported Wednesday. The company said Monday the memorandum of understandi...

TYSONS CORNER, VA, Sept. 21, 2017 ” Orbital ATK (NYSE: OA) will invest $5 million as part of a plan to expand its aerospace and defense composite production facility in Beavercreek, Ohio, by approximately 40,000 square feet to accommodate work that will transition from Clearfield, Utah, ExecutiveBiz reported Wednesday. The company said Tue...

TYSONS CORNER, VA, Sept. 21, 2017 ” Science Applications International Corp. (NYSE: SAIC) will proceed to the production and deployment phase of the U.S. Marine Corps‘ Assault Amphibious Vehicle survivability upgrade program after getting clearance from the program executive officer for land systems, ExecutiveBiz reported Wednes...

TYSONS CORNER, VA, Sept. 21, 2017 ” Deloitte‘s consulting business has hired Jeff Matthews, formerly director of venture strategy and research at the Space Frontier Foundation, as a specialist leader for space innovation and technology workforce advancement efforts, GovCon Executive reported Wednesday. Matthews will contribute to Del...