Raytheon (NYSE: RTN) has received a $76.1 million contract from the U.S. Navy to procure long lead materials for the production of the first block of anti-ship missile defense systems for the service branch and foreign clients. The long lead materials will support the production of Evolved Sea Sparrow Missiles for fiscal years 2016, 2017 and...
The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in nega...
TYSONS CORNER, VA, May 11, 2016 ” LMI has partnered with the Virginia Values Veterans organization to host an employer training day for companies looking to hire military veterans, GovCon Executive reported Tuesday. The company said Tuesday the Virginia Department of Veterans Services program aims to provide employers with a...
TYSONS CORNER, VA, May 11, 2016 ” Orbital ATK (NYSE: OA) has completed the installation of a second qualification motor for the Space Launch System boosters at a Utah facility ahead of a planned static-fire test on June 28, ExecutiveBiz reported Tuesday. The company said Monday the QM-2 motor will be used in a NASA test of t...
TYSONS CORNER, VA, May 11, 2016 ” Leidos (NYSE: LDOS) has pledged to hire 3, 000 military veterans and spouses through 2021 in support of the White House’s Joining Forces initiative, GovCon Executive reported Friday. The company said Thursday it has several programs that work to support employees who are veterans, such as the Mi...
TYSONS CORNER, VA, May 11, 2016 ” SAP National Security Services‘ (NYSE: SAP) nonprofit arm has been honored by the White House for its career placement and training support for military veterans and spouses, GovCon Executive reported Friday. NS2 Serves said Thursday it received the recognition at a ceremony hosted by Michelle O...
TYSONS CORNER, VA, May 11, 2016 ” A joint venture of Concurrent Technologies Corp. and Battelle will provide technology demonstration, validation and transition support to the Defense Department‘s National Defense Center for Energy and Environment under a contract awarded in April, GovCon Executive reported Friday. CTC said Thur...
April Doss, formerly associate general counsel for intelligence law at the National Security Agency, has been named partner and chair of cybersecurity and privacy practice at law firm Saul Ewing. Saul Ewing said Tuesday Doss will work out of its offices in Washington and Baltimore and will advise homeland security, defense and in...
Vectrus (NYSE: VEC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has lifted the lower ends of its full-year earnings and revenue outlooks in part on a large contract extension given in March. The Colorado Springs-based communications services contractor now expects earnings of at least $2.02 ...
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...
