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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...
Four companies have won spots on a potential five-year, $235 million contract to support the U.S. Navy‘s munitions response, range sustainment and environmental remediation efforts. The Defense Department said Thursday 10 proposals were submitted to the Naval Facilities Engineering Command for the multiple-award, indefinite-delivery/indef...
Raytheon (NYSE: RTN) has received a potential $104.9 million to produce, test and engineer Griffin missile systems for the U.S. Air Force. The Defense Department said Thursday Raytheon’s missile systems unit will supply all variants of the Griffin standoff precision guided munition technology under the indefinite-deliv...
The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 1.443 percent to settle at 99.287. Declining shares outpaced advancers 28 to 2. The major indices closed down today with the S&P500 falling 1.54 percent to 2,430.01, while DJIA dropped by 1.24 percent to 21,750.73, and the NASDAQ Composite decre...
TYSONS CORNER, VA, Aug. 17, 2017 ” Hortonworks (Nasdaq: HDP) has entered into a partnership with DLT Solutions to help increase public sector adoption of open source analytics technologies in efforts to generate insight from data, ExecutiveBiz reported Aug. 10. DLT said Aug. 9 the collaboration is centered on the DLT AnalyticsStack of...
TYSONS CORNER, VA, Aug. 17, 2017 ” Science Applications International Corp. (NYSE: SAIC) will provide engineering support to the U.S. Marine Corps‘ Combat Operations Center under a potential $39 million task order, ExecutiveBiz reported Wednesday. The company said Wednesday the award from the Space and Naval Warfare Systems...
TYSONS CORNER, VA, Aug. 17, 2017 ” Hewlett Packard Enterprise (NYSE: HPE) has provided a supercomputer that NASA will utilize in a one-year experiment at the International Space Station to monitor the performance of a commercial off-the-shelf high-performance computing system in a space environment, ExecutiveBiz reported Wednesday. Alain Andreo...
