Orbital ATK (NYSE: OA) said Wednesday it plans to restate almost two years of financial results on accounting issues and will delay the filing of its quarterly report for the most recent quarter as the company carries out an accounting review in its defense segment. The Dulles, Virginia-based space systems and ammunition maker said it wi...
Vectrus (NYSE: VEC) has lifted full-year earnings and revenue guidance on improved outlooks in cash flow for the 2016 second half and expectations of extra payments on debt. The Colorado Springs-based government communications services contractor now expects earnings per share in the $2.07-$2.32 range versus the previous&nbs...
ManTech International (Nasdaq: MANT) has received two task orders worth up to $110 million combined for cybersecurity and cloud computing services in support of the Department of Homeland Security‘s Continuous Diagnostics and Mitigation program. The General Services Administration awarded the task orders on behalf of DHS fo...
The International AIDS Vaccine Initiative has received a potential seven-year, $98 million contract from the National Institutes of Health to support the agency™s efforts to develop a vaccine against the disease. IAVI will work with NIH™s National Institute of Allergy and Infectious Diseases to characterize and produce HIV envelope protein...
NASA has awarded six companies separate contracts worth up to $65 million combined to help the agency research concepts and develop ground prototypes for deep space habitats. Boeing (NYSE: BA), Lockheed Martin (NYSE:LMT), Orbital ATK (NYSE:OA), Sierra Nevada, Bigelow Aerospace and NanoRacks were chosen t...
Booz Allen Hamilton (NYSE: BAH) has won a potential $52.5 million task order from the Defense Health Agency to assist the assistant defense secretary for health affairs in efforts to implement action plans resulting from the Defense Department‘s military health service review. DoD said Tuesday the company will pro...
Kuwait has signed a $1.1 billion deal with Airbus Group to acquire 30 Airbus-built H225M Caracal military transport helicopters, Defense News reported Tuesday. Pierre Tran writes Kuwait’s defense minister Khaled Al Jarrah Al Sabah signed the contract in the presence of his French counterpart Jean-Yv...
Executive Mosaic’s GovCon Index rebounded Tuesday with gainers outnumbering laggers by a roughly 4-to-1 ratio against a largely choppy day for U.S. stocks as the general financial markets continue to struggle for direction. Ten of the GCI’s 11 S&P 500-listed stocks closed in green with McKesson Corp. (NYSE: MCK) the best ne...
TYSONS CORNER, VA, Aug. 9, 2016 ” The Naval Sea Systems Command has awarded ManTech International (Nasdaq: MANT) a $47 million bridge contract modification to continue sustainment and operation support for the U.S. Navy‘s Ship Maintenance and Logistics Information Systems program, ExecutiveBiz said Monday. The contract...
TYSONS CORNER, VA, Aug. 9, 2016 ” Amazon Web Services (Nasdaq: AMZN) has hired a former executive at Salesforce (NYSE: CRM) to take a senior position with the company, GovCon Executive reported Monday. Fortune reported Wednesday Adam Bosworth brings software development and management experience in areas such as the Internet of Things...
