Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to sup...
Engineering Research and Consulting has won a $99 million contract from the U.S. Air Force to provide analysis, modeling and tools support services to a USAF office responsible for the aircraft-stores certification process. The Defense Department said Wednesday ERC will conduct analysis, engineering, modeling, simulatio...
Executive Mosaic’s GovCon Index moved up as stocks partially rebound from yesterday’s steep losses. After yesterday’s more than 1 percent drop the markets closed mixed with the S&P 500 and NASDAQ up on the day and the DJIA down. Investors were mixed as they wait for the Republican health care bill to be voted on in...
TYSONS CORNER, VA, March 22, 2017 ” Boeing (NYSE: BA) has collaborated with the U.S. Air Force to hold ground and flight tests for the company’s KC-46A Pegasus tanker aircraft at Travis Air Force Base early this month, ExecutiveBiz reported Tuesday. The Air Force said Monday the four-day test activity is part of the mi...
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...
