The State Department has approved Japan™s request to procure Standard Missile-2 Block IIIB missiles and related support from the U.S. government under a potential $821 million foreign military sales agreement. Raytheon (NYSE: RTN) and BAE Systems‘ U.S. subsidiary will serve as principal contractors for the FMS sale that covers 2...
The State Department has approved a potential $785 million foreign military sale of munitions and related sustainment and support services to the United Arab Emirates. The Defense Security Cooperation Agency said Tuesday the deal covers GBU-10 guidance kits with Mk-84/BLU-117 bombs, GBU-12 kits with Mk-82/BLU-111 bombs, GBU-31V1 kits ...
A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received a four-year, $544.6 million contract modification from the U.S. Navy to manufacture and deliver four MV-22 Osprey multirole tiltrotor aircraft to Japan under the foreign military sales program. The Bell-Boeing Joint Program Office will also obtain long-lead materials needed t...
Lockheed Martin (NYSE: LMT) has been awarded a $241.8 million contract modification by the U.S. Navy to procure diminishing manufacturing sources electronic parts for F-35 production facilities in the U.S. and abroad. The Defense Department said Tuesday work under the modification will support F-35 production through the fighter ...
Boeing (NYSE:BA) has secured a $100.4 million contract modification from the U.S. Navy to provide long-lead parts and support services for the production of four Lot 8 P-8A maritime patrol aircraft for Australia. The Defense Department said Tuesday the contract falls under a cooperative engagement agreement and work is ...
Executive Mosaic’s GovCon Index scored a gain in choppy trade Tuesday on help from defense prime stocks such as Lockheed Martin (NYSE: LMT), which posted second quarter earnings and sales above analyst expectations but issued some caution to analysts on future earnings and the F-35 program. The GovCon Index closed up 81.865 points to 0.27...
Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global solutions business into Leidos Holdings (NYSE: LDOS) completes on its scheduled closure date of Aug. 16, Lockheed Chief Financial Officer Bruce Tanner told investors Tuesday. Tanner’s com...
TYSONS CORNER, VA, July 19, 2016 – Michael Isman, a Booz Allen Hamilton (NYSE: BAH) vice president, has stated that the company believes private and public institutions will utilize automated interactive messaging technologies to provide customer service, ExecutiveBiz reported Wednesday. Isman said there is a possibili...
TYSONS CORNER, VA, July 19, 2016 – Casey Coleman, vice president of Unisys‘ (NYSE: UIS) federal civilian business group, has noted that the White House’s digital services delivery framework has driven agencies to prioritize digital government efforts, Executive Gov reported Wednesday. Agencies had time to b...
TYSONS CORNER, VA, July 19, 2016 ” Lockheed Martin‘s (NYSE: LMT) Systems Made Simple subsidiary has received recognition from the Association of Management Consulting Firms for the company’s support for the Department of Veterans Affairs‘ My HealtheVet sustainment program, GovCon Executive reported Thursday. Systems ...
