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An L3 Technologies (NYSE: LLL) division has secured a one-year, $83.1 million contract modification for depot-level logistics and organizational services to the U.S. Navy‘s fleet of TH-57 Sea Ranger helicopters. The Defense Department said Tuesday the modification exercises an option for L3’s Vertex Aerospace business...
Philadelphia Gear has received a $98 million contract modification from the U.S. Navy to deliver three shipsets of main reduction gears for Arleigh Burke-class guided missile destroyers. The Defense Department said Tuesday the contract includes MRGs that will be installed in the DDG 125, DDG 126 and DDG 127 ships. MRG is a s...
The General Services Administration and the Department of Homeland Security have selected Alliant and Alliant 2 governmentwide acquisition contracts as potential vehicles for agencies to procure continuous diagnostics and mitigation support services, Federal News Radio reported Tuesday. DHS and GSA expect agencies to award $2.75 billion in...
The GovCon Index and major U.S. indices started the week off in the negative. The Executive Mosaic GovCon Index ended the day down 0.477 percent to 95.223. Decliners outpaced advancers 3 to 1. The three U.S. indices moved down on the day giving back some of last weeks gains as investors analyze key economic data. At market...
TYSONS CORNER, VA, May 30, 2017 ” Iridium Communications (Nasdaq: IRDM) anticipates the launch of the second 10-unit batch of Iridium Next satellites aboard a SpaceX Falcon 9 rocket on June 25 — four days ahead of the original schedule, ExecutiveBiz reported Friday. SpaceX notified Iridium of the earlier range availability at Va...
TYSONS CORNER, VA, May 30, 2017 ” BAE Systems‘ business in Australia will perform updates on the maritime satellite communications terminals of the Australian navy under an estimated $30 million contract, ExecutiveBiz reported Friday. The company said Thursday it will work to increase the bandwidth supported by the Mar...
TYSONS CORNER, VA, May 30, 2017 ” Jim Tyrell, a principal JBoss solutions architect for the public sector business of Red Hat (NYSE: RHT), has noted that many government agencies have adopted or continue to use the Java programming language in efforts to drive flexibility, speed and efficiency, ExecutiveBiz reported Thursday. Tyr...
TYSONS CORNER, VA, May 30, 2017 ” Lockheed Martin (NYSE: LMT) will integrate subsystems and update propulsion systems on the fifth and sixth Space Based Infrared System satellites under a $46 million contract modification from the U.S. Air Force, ExecutiveBiz reported Friday. The Defense Department said Thursday Lockheed’s ...
TYSONS CORNER, VA, May 30, 2017 ” Northrop Grumman (NYSE: NOC) has provided the Space Inertial Reference Unit navigation platform that helped maneuver NASA‘s Cassini space vehicle through a 1,500-mile-wide gap between Saturn and its rings as part of its mission, ExecutiveBiz reported Friday. The company said Thursday&n...
Even though the Executive Mosaic GovCon Index closed down on Friday it was up 3.0 percent for the week. The weekly GovCon Index leaders were SAIC up 6.6 percent, McKesson and General Dynamics both up 2.5 percent. All the U.S. indices showed little movement at Friday’s close. All the indices were up for the week with the...
