Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize by the end of January a new contract worth approximately $9 billion that would reduce the price of the next batch of F-35 fighter jets to under $100 million per aircraft, Reuters reported Thursday. Mike Stone writes sources said the...
CSRA (NYSE: CSRA) has secured a potential two-year, $80.3 million contract to provide  information technology services for U.S. Navy‘s naval enterprise network outside the continental U.S. The Defense Department said Thursday the indefinite-delivery/indefinite-quantity contract covers continued IT services to support the transition fr...
Polaris Alpha, a portfolio company of investment firm Arlington Capital Partners, has bought cyber, network and software engineering services provider Intelesys for an undisclosed sum in a push to expand presence in the cyber and signals intelligence market. Elkridge, Maryland-based Intelesys works with intelligence community cus...
Sig Sauer has won a potential 10-year, $580.2 million contract to supply the U.S. Army with a new handgun system designed to replace the service branch™s M9 pistol. The Army Contracting Command received nine proposals for the Modular Handgun System contract and expects work to conclude on Jan. 19, 2027, the Defense Department said Thursday...
Advanced Technology International has won a potential five-year, $99 million indefinite-delivery/indefinite-quantity contract to support the U.S. Navy‘s center of excellence for composites manufacturing technology. The Defense Department said Thursday the military branch will concurrently award two task orders worth a ...
BAE Systems has secured a potential two-year, $177.8 million contract modification to build and commission a new nitrocellulose production facility at the Radford Army Ammunition Plant in Virginia. BAE™s ordnance systems business will perform work in Radford, Virginia, through Dec. 31, 2018, the Defense Department said Thursday. The Army Contra...
Executive Mosaic’s GovCon Index closed higher Thursday as gains by large defense platform and product makers helped offset declines by a majority of the GCI’s 30 stocks with mid-tier prime contractors and government services providers in red. U.S. stocks traded lower by comparison with real estate the largest drag on equities&n...
TYSONS CORNER, VA, Jan. 19, 2017 ” Advanced Concepts and Technologies International has appointed Phil Simonsen, a space and intelligence community veteran, as its new senior executive for space and cyber programs, GovCon Executive reported Wednesday. The company said Simonsen will work to identify and pursue new busine...
TYSONS CORNER, VA, Jan. 19, 2017 ” Deloitte has joined a coalition comprised of specialists and consulting and technology companies as a lead partner in efforts to advance the development of smart cities in the country, ExecutiveBiz reported Wednesday. The company said Tuesday it will work with the Smart Cities Council members an...
TYSONS CORNER, VA, Jan. 19, 2017 ” The U.S. Air Force has awarded Leidos (NYSE: LDOS) a potential five-year, $38 million contract to research and develop high-power electromagnetic sources and components through Jan. 4, 2022, ExecutiveBiz reported Wednesday. Work under the indefinite-delivery/indefinite-quantity contract will be ...
