The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week. While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel. Four of the five largest U.S. government contrac...
The GovCon Index gradually tumbled from a strong open Friday and fell sharply in late afternoon trade to end at a nominal gain of 0.197 points to 74.227, which puts the GCI at a weekly loss for the second time in three weeks. The GCI posted a nominal 0.103-point loss from the April 1 close that...
TYSONS CORNER, VA, April 8, 2016 ” Cloud service providers Amazon Web Services (Nasdaq: AMZN), CSRA (NYSE: CSRA) and Microsoft (Nasdaq: MSFT) are due to receive high baseline certifications under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Thursday. Federal Times reported March 21 that&...
TYSONS CORNER, VA, April 8, 2016 ” Northrop Grumman (NYSE: NOC) has proposed a “heritage” GPS III spacecraft and prototype navigational payload as part of its bid for the U.S. Air Force‘s follow-on program on the production of future GPS III space vehicles, ExecutiveBiz reported Thursday. The company said Wednes...
TYSONS CORNER, VA, April 8, 2016 ” The U.S. Air Force could spend an estimated $533 million on the construction of hangars and other facilities to accommodate the service branch’s fleet of Lockheed Martin-built (NYSE: LMT) F-35 jets at Eielson Air Force Base, Executive Gov reported Thursday. Newsminer reported Wednesday&nbs...
TYSONS CORNER, VA, April 8, 2016 ” Battelle has received orders from the Defense Department and Department of Homeland Security for 100 units of its portable drone defense system, ExecutiveBiz reported Thursday. The nonprofit company said Wednesday its man-portable, point-and-shoot DroneDefender technology works to...
TYSONS CORNER, VA, April 8, 2016 — Serco‘s North American subsidiary will resume work under a $131 million U.S. Navy lifecycle sustainment contract issued in December following the resolution of a previous challenge to the award, ExecutiveBiz reported Thursday. The company said Thursday the contract covers support for the N...
A General Dynamics (NYSE: GD) business unit has received a potential five-year, $193 million contract from the U.S. Army to build penetrator bomb bodies and components. The Army Contracting Command awarded the indefinite-delivery/indefinite-quantity contract to General Dynamics Ordnance and Tactical Systems&nb...
Boeing (NYSE:BA) has received a $922.6 million U.S. Army contract modification to deliver 117 AH-64E Apache combat helicopters. The Defense Department said Thursday work for the modification will occur in Mesa, Arizona, through May 31, 2018. The full obligated amount is from fiscal 2015 and 2016 “other procurement” funds, ...
The Energy Department has exercised a contract option valued at $750 million to extend decontamination and decommissioning work at the Portsmouth Gaseous Diffusion Plant in Ohio to be performed by a Fluor-led (NYSE: FLR) team. Fluor said Thursday the Fluor-BWXT Portsmouth partnership will employ the help of subcontractors CH2M, &...
