The GovCon Index posted a gain of 0.348 points to 74.380 in a reflection of overall positive movement in U.S. markets Friday on March jobs figures that exceeded some economists’ expectations and new manufacturing data that showed some recovery in that sector. Both the Index and S&P 500 composite index held downward in the first hour-a...
TYSONS CORNER, VA, April 1, 2016 ” Capgemini will provide continued application development and management support to the U.K. agency for revenue and customs in line with the latter’s digital modernization program, ExecutiveBiz reported Thursday. The company said Wednesday it will transition applications and services and pr...
TYSONS CORNER, VA, April 1, 2016 ” Sutherland Global Services‘ vice president for government relations and marketing has said vigilance, intelligence sharing and technology investments can help the U.S. government protect what he calls “soft” targets, Executive Gov reported Thursday. Chuck Brooks wrote in a guest piece pu...
TYSONS CORNER, VA, April 1, 2016 ” A joint venture of Lockheed Martin (NYSE: LMT), Jacobs Engineering (NYSE: JEC) and Serco will oversee the operations of the U.K. government’s atomic weapons establishment under an updated contract, ExecutiveBiz reported Thursday. Serco said Thursday the AWE Management Ltd. JV will run the ...
TYSONS CORNER, VA, April 1, 2016 ” The U.S. Navy has awarded additional funds to General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for the manufacture of two additional Arleigh Burke-class destroyers, ExecutiveBiz reported Thursday. USNI News reported Wednesday General Dynamics Bath Iron Works and Ing...
TYSONS CORNER, VA, April 1, 2016 ” Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), has said the company aims to further market expansion efforts through its merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business, ExecutiveBiz reported Thursday. Krone told Forbes in an interview pub...
A team comprising Raytheon (NYSE: RTN) and DRS Technologies has been awarded a potential $154.4 million contract by the U.S. Army to help develop sensor technology for soldiers to detect targets through fog, Defense News reported Thursday. Jen Judson writes the companies will provide up to 96 3rd Generation FLIR B-Kits to the Arm...
The Defense Microelectronics Activity has awarded positions on a potential $7.2 billion contract vehicle to eight companies to support the agency’s work on new technology insertions and applications for military systems. Contractors will bid for individual task orders over a 10-year ordering period to enginee...
The U.S. Air Force has awarded a $325.8 million delivery order to Boeing (NYSE: BA) for 15, 000 Joint Direct Attack Munitions tail kits under Lot 20. The Defense Department said Thursday the order builds on a previously awarded contract and will include technical and field support services through March 29, 2018. Boeing’s defense, sp...
Lockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy. Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal™s U.S. business will construct an Independence-variant combat vessel (...
