TYSONS CORNER, VA, Aug. 18, 2017 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, has said the future of satellite production will be driven by developments in augmented and virtual reality, 3D printing and artificial intelligence, ExecutiveBiz reported Wednesday. Ambrose, an induc...
TYSONS CORNER, VA, Aug. 18, 2017 ” Globecomm Systems has helped Huntington Ingalls Industries (NYSE: HII) equip the U.S. Navy‘s USS Gerald R. Ford aircraft carrier with onboard communications and entertainment technologies as a subcontractor on the program, ExecutiveBiz reported Wednesday. Globecomm said Wednesday the&...
TYSONS CORNER, VA, Aug. 18, 2017 ” American Systems will pursue work to provide aviation training services to the Security Assistance Training Management Organization within the U.S. Army through its position on a previously awarded $250 million contract, ExecutiveBiz reported Wednesday. The company said Monday it will ...
TYSONS CORNER, VA, Aug. 18, 2017 ” ICF (Nasdaq: ICFI) has secured a $20.8 million contract to provide program support services for the Federal Emergency Management Agency‘s education and preparedness efforts in response to potential radiological threats, ExecutiveBiz reported Thursday. The company said Wednesday the contrac...
TYSONS CORNER, VA, Aug. 18, 2017 ” The Vectrus (NYSE: VEC) systems business will help the U.S. Army oversee base operations in Qatar under a $49.5 million contract modification, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the modification work has a period of performance through Sept. 29, 2018, and ...
The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.508 percent to settle at 98.841. Declining shares outpaced advancers 5 to 1. The major indices closed down today with the S&P500 declining by 0.18 percent to 2,425.55, while DJIA dropped by 0.35 percent to 21,674.51, and the NASDAQ Composite fell by...
Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick lo...
Thales Group has secured a potential 35-year, $4.13 billion contract to provide in-service support to the Canadian navy’s fleet of Arctic offshore patrol and joint support ships. The contract has an eight-year base period valued at $633 million and work will include refit, repair, maintenance and training services, Thales said Thursd...
Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, throug...
India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India™s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two year...
