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The U.S. Air Force has awarded a pair of contracts worth approximately $900 million each to Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) to conduct technology maturation and risk reduction work for the Long Range Standoff nuclear cruise missile. The companies will perform work at their respective facilities in Florida and Arizona t...
India has released a request for information for a potential $10 billion program to buy multirole and multi-utility helicopters designed to help naval forces perform submarine warfare and search-and-rescue missions, Defense News reported Wednesday. The country™s defense ministry issued the RFI to Airbus, Bell Helicopter, Lockheed Martin (NYSE: ...
John Avalos, formerly vice president of business development at Booz Allen Hamilton (NYSE: BAH), has joined SOS International as chief operating officer. Avalos brings to the position more than two decades of experience in business development, corporate operations and profit-and-loss management across defense, civilian agency and intelligence marke...
A subsidiary of Huntington Ingalls Industries (NYSE: HII) has received a potential five-year, $78 million task order to support the U.S. Marine Corps‘ efforts to manage consequences from accidental or intentional chemical, biological, radiological, nuclear and high-yield explosive attacks. Huntington Ingalls’ Camber business will pr...
Boeing (NYSE: BA) has received a $222.5 million contract modification from the U.S. Army to build and deliver eight CH-47F helicopters to Saudi Arabia’s land forces aviation command. The Army Contracting Command obligated the full modification amount at the time of award from fiscal 2017 foreign military sales funds, the Defense Depa...
An L3 Technologies (NYSE: LLL) subsidiary has secured a potential $173 million contract modification to help the U.S. Navy maintain 201 T-45 Goshawk trainer aircraft units, systems and related support equipment. Vertex Aerospace will provide intermediate, organizational and depot-level engineering, logistics and maintenance services f...
The Executive Mosaic GovCon Index (GCI) followed markets downward to close off 0.639 percent settling at 99.699. Declining shares considerably outpaced gainers by 5 to 1. The major indices all closed down after significant positive movement yesterday. The S&P500 retreated by 0.35 percent to 2,444.04, while DJIA moved down by 0.40 perce...
TYSONS CORNER, VA, Aug. 23, 2017 ” American Systems will conduct forensic and technical analysis of recovered improvised explosive devices and other explosive ordnance for the U.S. Navy under a potential $36.1 million task order, ExecutiveBiz reported Tuesday. The company said Monday the task order under the SeaPort-e c...
TYSONS CORNER, VA, Aug. 23, 2017 — Lockheed Martin (NYSE: LMT) has worked with NASA to test the Orion crew module’s vehicle management computers, power and data units and flight software during an initial power-up event at the Kennedy Space Center, ExecutiveBiz reported Tuesday. The company said Tuesday the spacecraft will b...
TYSONS CORNER, VA, Aug. 23, 2017 ” Raytheon (NYSE: RTN) will support the implementation of a forward-looking infrared detection and identification technology for the U.S. Navy under a potential $33.1 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will provide technical support...
