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KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per ye...

Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) are among the companies Japan has contacted to potentially participate in the country’s planned $40 billion fighter jet program, E&T Magazine reported Thursday. Jack Loughran writes Japan plans to release a tender for 100 fighter planes after a Tuesday deadline on a soli...

A consortium led by Finmeccanica has received a $669.7 million contract to supply digital security and security services to Italy™s public offices as part of an effort to standardize digital security in public administrations. The consortium that comprises IBM Italia and Fastweb won the contract through Italy™s central purch...

Executive Mosaic’s GovCon Index closed Friday with a gain of 0.178 points to 79.718 and recorded a weekly climb of 3.216 percent as it continues to recover from the previous week’s losses following the “Brexit” referendum vote in the U.K. Friday was also the second consecutive session in whi...

Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in t...

TYSONS CORNER, VA, July 1, 2016 ” Vencore has received WorldatWork‘s Work-Life Seal of Distinction for 2016 for the company’s employee engagement and work-life balance programs, GovCon Executive reported Wednesday. Vencore is one of 116 organizations that received the distinction this year, the company said Tuesday. &...