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TYSONS CORNER, VA, May 31, 2017 ” Raytheon (NYSE: RTN) will work on the assembly, fabrication and testing of airborne counter-mine systems under a potential $58.1 million contract from the U.S. Navy, ExecutiveBiz reported Tuesday. The Defense Department said Friday the contract awarded to Raytheon’s integrated defense systems bu...

The U.S. military successfully launched its first-ever missile defense test involving a simulated attack by an intercontinental ballistic (ICBM) missile. During the test, a Boeing-developed interceptor, carrying the Raytheon-built EKV, was launched from Vandenberg Air Force Base, following the launch of an ICBM from Kwajalein Atoll, stated an Aeroje...

A joint venture of Fluor (NYSE: FLR), CH2M and BWX Technologies (NYSE: BWXT) has received a potential 10-year, $1.5 billion contract from the Energy Department to provide nuclear remediation and deactivation support for the Paducah gaseous diffusion facility in Kentucky. The Four Rivers Nuclear Partnership JV will oversee at least 650 buildings and ...

Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com.  Forty percent of the con...

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...