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Revision Military has received a potential five-year, $98.1 million contract to supply combat helmets to the U.S. Army. The company said Tuesday it will manufacture the helmets at its facility in Newport, Vermont, through March 6, 2022 under the indefinite-delivery/indefinite-quantity contract. The Army Contracting Command received five offers for t...
Easterly Government Properties (NYSE: DEA) has agreed to buy two Department of Veterans Affairs medical centers for a combined purchase value of $260 million. Washington-based Easterly is a real estate investment trust that acquires, develops and manages Class A buildings leased primarily to the federal government. The compa...
Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into Executive Mosaic™...
Executive Mosaic’s GovCon Index closed at a 30 day low ending the day at 92.042 down 1.62 percent. The equities markets reached a new 30 day low with the S&P 500 at 2344.02 down 1.24 percent, the DJIA off 1.14 percent to close at 20,668.01, and the NASDAQ ended the day at 5,793.83 down 1.83 percent....
TYSONS CORNER, VA, March 21, 2017 ” The Virginia Business magazine has named several leaders in the government contracting sector in its list of the 50 “Most Influential” Virginians for 2017, GovCon Executive reported Thursday. The Northern Virginia Technology Council said March 13 some of its board members, represent...
TYSONS CORNER, VA, March 21, 2017 ” NTT Data (NYSE: NTT) will help update information technology support systems at the Justice Department‘s Executive Office for Immigration Review under a potential $34.5 million contract, ExecutiveBiz reported Friday. The company said Thursday the contract covers work to support the IT mod...
Samraat œSam Raha, formerly vice president of global marketing at San Diego-based genomics firm llumina (Nasdaq: ILMN), has been appointed senior VP of strategy and corporate development at Agilent Technologies (NYSE: A). He will report directly to Agilent President and CEO Mike McMullen and serve as a strategic adviser to the Santa C...
Executive Mosaic’s GovCon Index moved downward as the equities markets closed mixed on the day. The S&P 500 and DJIA ended the day down off -0.20 percent and -0.04 percent respectively while the NASDAQ closed up +0.01. Stocks reacted as Federal Reserve Bank of Chicago President Charles Evans eluted to the potential of multiple interes...
TYSONS CORNER, VA, March 20, 2017 ” Leidos (NYSE: LDOS) has introduced a new service offering that aims to facilitate safety in the national airspace through the delivery of automatic notifications to pilots about nearby unmanned aircraft systems, ExecutiveBiz reported Friday. The company said Thursday the UAS Notification Service see...
TYSONS CORNER, VA, March 20, 2017 ” MDA US Systems, a division of MacDonald Dettwiler and Associates that Space Systems Loral manages, has received recognition for its support to a NASA robotic servicing mission in January, GovCon Executive reported Wednesday. SSL said Wednesday the Johnson Space Center cited MDA US Systems’...
