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The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index has ad...

TYSONS CORNER, VA, Sept. 15, 2016 ” Lockheed Martin (NYSE: LMT) will launch DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite aboard a United Launch Alliance Atlas V rocket from Vandenberg Air Force Base on Sept. 16, ExecutiveBiz reported Wednesday. The satellite is expected to reach a sun-synchronous orbit following lift...

TYSONS CORNER, VA, Sept. 15, 2016 ” Hughes Network Systems and Airbus‘ defense and space segment have expanded their partnership to offer the HM System satellite networking technology and Skynet satellite communications service in the defense market, ExecutiveBiz said Wednesday. The companies aim to help global military customer...

TYSONS CORNER, VA, Sept. 15, 2016 ” Orbital ATK (NYSE: OA) has concluded the four-day preliminary design review on three Joint Polar Satellite System spacecraft in collaboration with NASA and the National Oceanic and Atmospheric Administration, ExecutiveBiz reported Wednesday. The company said Monday it reviewed the des...

TYSONS CORNER, VA, Sept. 15, 2016 ” A subsidiary of Vencore has landed $17 million in contracts from the Defense Advanced Research Projects Agency to perform work under two technical areas in the Rapid Attack Detection, Isolation and Characterization Systems program, ExecutiveBiz reported Wednesday. The company said Tuesday Venco...

Choctawhatchee Electric Cooperative has won a 50-year, $360.4 million contract from the Defense Logistics Agency to operate and maintain an electric distribution system at Eglin Air Force Base in Florida. The Defense Department said Wednesday CHELCO will perform work through July 31, 2067, in support of the U.S. Air Force. DLA’s...

A business unit of Elbit Systems (Nasdaq: ESLT) has won a potential five-year, $103 million contract to manufacture 60mm, 81mm and 120mm mortar weapon systems for the U.S. Army. The Defense Department said Wednesday Elbit Systems unit EFW will perform work under the firm-fixed-price contract through Sept. 13, 2021. The Army ...

David Clark, vice president of business operations at SC3, has been promoted to chief financial officer at the Alexandria, Virginia-based federal technology and consulting services contractor. Clark will oversee SC3™s financial and corporate functions in the areas of procurement, accounting, pricing, financial analysis and contracts, the c...