The U.S. Navy has awarded Praxis a potential five-year, $88.2 million task order to explore methods for the service branch to generate radio signals across high-power radio frequency spectrum. Praxis will collaborate with the Naval Research Laboratory to develop signal generation techniques for atmospheric research and spacecraft or aircraft calibra...
The U.S. Army has awarded Raytheon (NYSE: RTN) a $23.5 million contract modification to provide logistics support services for the military branch’s counter-rocket, artillery and mortar land-based weapons system. Raytheon’s missile systems unit will perform contract work in Tucson, Arizona and is scheduled to finish work J...
Executive Mosaic’s GovCon Index turned around its decline in morning trade Wednesday and held higher in the afternoon session as U.S. investors welcomed new Federal Reserve meeting minutes that indicated some caution among central bank leaders on the next interest rate increase. The GovCon Index gained 0.610 points to 79.820&nbs...
TYSONS CORNER, VA, July 6, 2016 ” In-Q-Tel has invested $5 million on Orbital Insight to support further development of that company’s geospatial big data platform, ExecutiveBiz reported Tuesday. Orbital Insight said June 27 it also received $15 million in Series B funds from GV, CME Ventures, Sequoia Capital, Lu...
TYSONS CORNER, VA, July 6, 2016 ” The U.K. government looks to stand up a local training center for remotely piloted aircraft such as the General Atomics-built MQ-9 Reaper as the U.S. training facility at Holloman Air Force Base limits slots for foreign allies, ExecutiveBiz reported Friday. Flightglobal reported Th...
TYSONS CORNER, VA, July 6, 2016 ” Intelligent Decisions will provide Samsung Electronics tablet computers to the U.S. Air Force under a new contract after the device passed hardware and software tests for flight line use, ExecutiveBiz reported Tuesday. Intelligent Decisions said Tuesday it will supply Galaxy Tab S2 units to ...
Scottsdale, Arizona-based healthcare management company Magellan Health has closed a deal of an undisclosed sum to acquire Armed Forces Services Corp., a behavioral health and specialty services provider for federal government agencies and the U.S. military. Magellan said Tuesday it will further detail the strategy and impact of the&n...
The State Department has approved Chile’s request to acquire $140.1 million in Raytheon (NYSE:RTN)-manufactured Evolved Seasparrow Missiles and related services from the U.S. government under a foreign military sales agreement between both countries. The Defense Security Cooperation Agency said Tuesday Raytheon, BAE Systems and Lockh...
The U.S. Army has selected 12 companies to compete for task orders to help the Army Corps of Engineers design and construct petroleum, oil and lubricant facilities across U.S. states and territories under a potential five-year, $490 million contract. The Defense Department said Tuesday USACE received 24 offers for the projec...
Northrop Grumman (NYSE: NOC) has received a potential two-year, $103.4 million contract modification to begin low-rate initial production of the U.S. Navy™s Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare Increment One Build One system. Northrop will produce the JCREW I1B1 systems for the service branch&#...
