Executive Mosaic’s GovCon Index hit a new all-time high and had its best day in nearly two months Friday and the U.S. stock bellwether S&P 500 composite index also closed at a record after the latest jobs report far exceeded economists’ expectations for the second straight month. The GovCon Index rose 0.535 p...
August 1 – August 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting™s M&A and financial aspects took center stage again this week and GovCon Wire hit on all the major events as Executive Mosaic™s home of market-moving news for ...
TYSONS CORNER, VA, Aug. 5, 2016 ” Northrop Grumman (NYSE: NOC) and Embry-Riddle Aeronautical University have partnered to create the first airworthiness engineering graduate study program set to launch by January 2017, GovConExecutive reported Thursday. The company said Wednesday the specialized technical curriculum is desig...
TYSONS CORNER, VA, Aug. 5, 2016 ” A Lockheed Martin (NYSE: LMT) subsidiary will support the Department of Veterans Affairs‘ project to modernize the Enrollment Health Benefits Determination system under a $33.3 million task order, ExecutiveBiz reported Thursday. Systems Made Simple will develop, operate and maintain sy...
TYSONS CORNER, VA, Aug. 5, 2016 ” Science Applications International Corp. (NYSE: SAIC) has created a multi-tiered cloud migration methodology for government agencies that plan to move their information systems to a cloud environment, ExecutiveBiz reported Thursday. The company said Thursday Cloud Migration Edge utilizes tools from pa...
TYSONS CORNER, VA, Aug. 5, 2016 ” General Dynamics (NYSE: GD) has added Peter Wall, a veteran of the U.K. army and director of leadership advisory company Amicus, as a member of its board of directors, GovCon Executive reported Thursday. Wall brings experience from his service as chief of the general staff for the British army and&nbs...
TYSONS CORNER, VA, Aug. 5, 2016 ” Lockheed Martin (NYSE: LMT) anticipates $15 billion in potential exports of the F-16 fighter jet with the proposed transfer of that aircraft’s production to India, ExecutiveBiz reported Thursday. The Economic Times reported Thursday that an F-16 production line in India could lead to export sale...
The U.S. Navy has awarded Raytheon (NYSE: RTN) a $288 million contract modification to continue to provide conversion, system overhaul and upgrade services as well as related hardware for MK 15 Close-In Weapon Systems. The military branch exercised options on a previously awarded contract and obligated $64.6 million at the time of aw...
Lockheed Martin (NYSE: LMT) has received a $101.9 delivery order from the U.S. Navy to produce F-35 aircraft software data loads in support of verification and validation testing efforts at the military branch™s F-35 Reprogramming Center West. The company will also provide technical support to help the service branch design, test and ...
Orbital ATK (NYSE: OA) has been awarded a $69 million contract to produce artillery precision guidance kits for the U.S. military. Orbital ATK is scheduled to complete production work for PGK fuzes by 2019 under a second option of a previously awarded full-rate production contract, the company said Thursday. The projectiles are designed to help...
