ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a five-year, $101.1 million contract to produce sonobuoy sonar systems for the U.S. Navy. Ultra Electronics USSI and Sparton De Leon Springs will manufacture the sonobuoys under production subcontracts from ERAPSCO worth $46.8 million and $54.3 million, re...
Booz Allen Hamilton (NYSE: BAH) has received a potential five-year, $62.7 million contract to provide consulting, development, management and maintenance services in support of the Missile Defense Agency™s Ballistic Missile Defense System. MDA awarded the cost-plus-fixed-fee contract through a competitive acquisition process with three bid...
The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
TYSONS CORNER, VA, May 10, 2016 ” Amazon Web Services (Nasdaq: AMZN) has committed to offer $7 million in cloud computing training for 10, 000 service members, veterans and military spouses to assist career transitioning efforts, GovCon Executive reported Monday. The company said Thursday its pledge is in support of the adm...
TYSONS CORNER, VA, May 10, 2016 ” Janus Global Operations, formerly Sterling Global Operations, has opened a new regional hub in Dubai to support government and commercial clients in the Middle East, Asia and Africa, ExecutiveBiz reported Monday. The company said Thursday the Dubai office will also serve as an administrative center for ser...
TYSONS CORNER, VA, May 10, 2016 ” Chris Pehrson, senior director of strategic development for General Atomics‘ aeronautical systems business, has said the automatic takeoff and landing update to the MQ-9 Reaper is ready for deployment, ExecutiveBiz reported Thursday. Flightglobal reported Wednesday that Pehrson ha...
TYSONS CORNER, VA, May 10, 2016 ” Siemens has received a $38.6 million energy savings performance contract from the Federal Bureau of Prisons to implement energy and water conservation measures at two Kentucky correctional facilities, ExecutiveBiz reported Thursday. The company’s government technologies business will establish 44 suc...
TYSONS CORNER, VA, May 10, 2016 ” Harris Corp. (NYSE: HRS) will provide additional satellite communications terminals to the U.S. Army under new orders worth $41 million, ExecutiveBiz reported Thursday. The company said Thursday the orders are part of the Army’s Modernization of Enterprise Terminals program and the ter...
ALATEC has purchased Huntsville, Alabama-based information technology services provider USi for an undisclosed sum in an effort to expand its IT offerings for federal government and commercial clients. ALATEC, a service-disabled, veteran-owned small business in Huntsville, has also changed its name to Ignite as part of its corporate rebranding effor...
The GovCon Index hit negative twice during the late morning and noon hours of trade Monday but closed up 0.153 points to 77.359 on gains by healthcare stocks to help offset declines from energy and utility shares on lower oil prices. McKesson Corp. (NYSE: MCK) ended Monday as the GovCon Index’s largest net gainer at $3.36 while ...
