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The National Nuclear Security Administration has decided to revoke a potential $5 billion contract NNSA awarded to Nevada Site Science Support and Technologies Corp. earlier this week on grounds that NVS3T did not inform the agency it was acquired by Leidos Holdings (NYSE: LDOS) as part of the latter’s merger with ...
Lockheed Martin (NYSE: LMT) has secured a $114.3 million extension on the company’s Mission Operations, Systems Engineering, and Software II contract with NASA to continue to maintain a space observatory currently in low-Earth orbit. NASA said Thursday that Lockheed’s space systems segment will support the H...
Lockheed Martin (NYSE: LMT) has received a two-year, $204.3 million contract modification from the Missile Defense Agency to continue to provide support services for baseline 5.1 of the Aegis Ballistic Missile Defense system under increment 2 development phase. The modification brings the total contract value to $2.4 billion and also cover...
Executive Mosaic’s GovCon Index fell Wednesday to register a fifth decline over seven sessions in a stretch that puts the GCI in negative territory for August and ends its streak of monthly declines at six as U.S. market speculation over the next rate hike overshadows trading activity. Investors are looking at Friday’...
TYSONS CORNER, VA, Aug. 31, 2016 ” Johns Hopkins University Applied Physics Laboratory has appointed Mike White, former mission area executive for air and missile defense at the lab, to lead its air and missile defense sector, GovCon Executive reported Tuesday. Johns Hopkins APL said Monday White will oversee work on air and missile d...
TYSONS CORNER, VA, Aug. 31, 2016 ” The Energy Department‘s Oak Ridge National Laboratory has set a record for building the largest solid 3D-printed object with the trim-and-drill tool the lab built for Boeing (NYSE: BA) measured at 17.5 feet long, 5.5 feet wide and 1.5 feet tall, ExecutiveBiz reported Tuesday. ORNL sai...
TYSONS CORNER, VA, Aug. 31, 2016 ” Ensco will work with PositiveID to deliver a biothreat detection system as part of the second phase of the Department of Homeland Security‘s SenseNet program, ExecutiveBiz reported Tuesday. PositiveID said Monday it will provide its Firefly Dx automated biothr...
TYSONS CORNER, VA, Aug. 31, 2016 ” Raytheon (NYSE: RTN) has worked with the Naval Undersea Warfare Center Division Newport to update a sonar system that works to support the U.S. Navy‘s mine detection operations, ExecutiveBiz reported Tuesday. The company said Tuesday updates to the AN/AQS-20A mine-hunting sonar includ...
TYSONS CORNER, VA, Aug. 31, 2016 ” ManTech International (Nasdaq: MANT) will provide engineering and technical support for the U.S. Navy‘s aircraft platforms under an $8 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the contract covers reliability, maintainability, testability, quality assu...
REI Systems has appointed Shyam Salona, a co-founder and former executive vice president and chief technology officer, as its new CEO. The company said Tuesday Salona will succeed fellow co-founder and former CEO Veer Bhartiya, who will remain at REI as executive chairman. “I am excited to take on this new role within our compan...
