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The Energy Department will award six companies three-year contracts worth $258 million in total to research and develop large-scale supercomputers. DOE said Thursday it will issue funds through its Exascale Computing Project as part of the department’s new PathForward program that seeks to create the first exascale supercomputer...

The General Services Administration has added approximately 500 small businesses to a list of contractors that won positions on the agency’s 8(a) Streamlined Technology Acquisition Resources for Services II open season contract. GSA said Thursday 8(a) STARS II is a governmentwide acquisition contract designed to provide federal agencies acc...

Lockheed Martin (NYSE: LMT) has received a potential two-year, $471.7 million foreign military sales contract from the U.S. Army to manufacture full-rate production 12 Multiple Launch Rocket System components for France, Germany, Finland and Singapore. Lockheed™s missile and fire control business will deliver 2,868 guided MLRS al...

General Dynamics‘ (NYSE: GD) missions systems business has secured a five-year, $250 million contract to modify, test and sustain a ground-based system the U.S. Army uses to obtain tactical signals intelligence. The Defense Department said Thursday the company will also provide training services for the Prophet system under the&...

Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has landed a potential $146.6 million contract from the U.S. Navy to repair 35 items used on the UH-1Y utility helicopter and the AH-1Z attack helicopter. The Defense Department said Thursday the firm-fixed-price contract contains a two-year base period that will run thr...

L3 Technologies (NYSE: LLL) has received a potential five-year, $90.7 million contract from the U.S. Air Force to provide hardware and sustainment and training services for video data link devices. The indefinite-delivery/indefinite-quantity contract includes foreign military sales to Australia and a provision for other eligible ...

The Executive Mosaic GovCon Index closed up for the seventh consecutive day with platform companies leading the pack. U.S. stocks slid for the fourth time in the past five days, with technology stocks continuing to plummet as selling activity resumed, begging the question of if tech will be under this pressure for the rest of the summer....

TYSONS CORNER, VA, June 14, 2017 ” CAE (NYSE: CAE) has provided personnel to help Australia’s air force integrate a C-130J flight simulator into the Defense Training and Experimentation Network as well as plan and execute scenarios for a virtual training exercise, ExecutiveBiz reported Wednesday. The company said Tuesday th...

Experts at a Senate Committee on Foreign Relations hearing warned lawmakers Tuesday that Chinese government hackers appear to be once again targeting private U.S. companies and organizations. “Anecdotally, there appears to be a re-emergence of economic-related espionage by Chinese hackers, reported Samantha Ravich, an ...