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Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares in th...
TYSONS CORNER, VA, Feb. 24, 2017 ”Seven Mitre employees received recognition for their professional achievements at the 2017 Becoming Everything You Are Awards™, GovCon Executive reported Thursday. œMITRE is honored to have seven talented employees recognized by at the 31st Annual Conference Awards, said Julie Gravallese, a&...
MBDA has received a potential $183 million contract from the U.K. and France to update the two countries™ air-launched missile systems. The contract covers modernization work on the Royal Air Force™s Storm Shadow and France™s SCALP missiles, the U.K. government said in a news release published Wednesday. Harriett Baldwin, British ...
ERAPSCO, a joint venture between Ultra Electronics and Sparton (NYSE: SPA), has been awarded $64.6 million in contract funds to continue manufacturing sonobuoys for the U.S. Navy. The Ultra Electronics USSI and Sparton De Leon Springs businesses will respectively receive $29.3 million and $35.3 million subcontracts as part o...
Cleveland-based aerospace components maker TransDigm Group (NYSE: TDG) has purchased Takata Corp.™s aerospace and defense businesses as well as related assets and liabilities for approximately $90 million cash. TransDigm said Wednesday the transaction covers Takata™s Schroth Safety Products and Takata Protection Systems...
The U.S. Navy has awarded five companies positions on a five-year, $42.6 million indefinite-delivery/indefinite-quantity contract to provide support services to the military branch’s chief of information headquarters and its field activities. The Defense Department said Thursday task orders will cover visual information systems ...
The U.S. Navy has selected four companies to supply a range of information communication technology equipment under low-, medium- and high-risk categories. The Defense Department said Thursday Cypher Analytics and CyberCore Technologies each won a potential $47.5 million contract and that both companies can vie for delivery order...
Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumber...
TYSONS CORNER, VA, Feb. 23, 2017 ” Boeing (NYSE: BA) will provide C-17 Globemaster III logistics and training simulator maintenance services to the United Arab Emirates government under an $18.7 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract covers support for motion-based devices that the UAE...
TYSONS CORNER, VA, Feb. 23, 2017 ” CAE (NYSE: CAE) has received authorization to connect its aircrew flight trainer for the KC-135 Stratotanker with other platforms in the U.S. Air Force‘s Distributed Training Center Network, ExecutiveBiz reported Wednesday. The company said Tuesday the authority to operate for the KC-...
