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The GovCon Index failed to hold momentum from a strong open Friday and closed at a decline of 1.181 percent to 73.739, which extends its current stretch of losses to three trading days. For the week, the Index recorded a loss of 4.31 percent and is down 6.27 percent from its Dec. 1, 2015 close...

TYSONS CORNER, VA, January 8, 2016 ” Parsons will host a presentation on the movement of engineering firms to cyberspace as a sponsor of Digital Bond‘s S4 security conference from Jan. 12 to 14, GovCon Executive reported Thursday. The company said Wednesday it will also exhibit at the conference with a demonstration of...

Lockheed Martin (NYSE: LMT) has been awarded a potential $130.6 million contract to update the target acquisition designation sight and pilot night vision sensors on U.S. Army Apache helicopters. Lockheed said Thursday it will produce modernized day sensor assembly kits and spares for the Army and the Qatar Emiri Air Force at its facilities in...

TYSONS CORNER, VA, January 8, 2016 ” BAE Systems, General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) are among the key players Research and Markets identified in the global unmanned naval systems market through 2020, ExecutiveBiz reported Thursday. The market research company said Wednesday increased procurement and military expansion&nb...

TYSONS CORNER, VA, January 8, 2016 ” Michael Shrader, vice president of Carahsoft Technology‘s innovative and intelligence solutions business, said information technology vendors can find opportunities to address existing technical challenges in the healthcare sector, ExecutiveBiz reported Thursday. Shrader wrote in a blog entry posted We...

TYSONS CORNER, VA, January 8, 2016 ” Johns Hopkins University Applied Physics Laboratory has promoted Stephen Lewia from deputy mission area executive for strategic deterrence to mission area executive, GovCon Executive reported Thursday. Johns Hopkins APL said Wednesday strategic deterrence is one of the mission areas under its ...

Gary Slack, former president and chief operating officer of QinetiQ North America, has been appointed president and chief executive at Tysons, Virginia-based government services contractor XLA. The more than 30-year GovCon veteran will be responsible for implementing the company’s growth strategies and succeeds founder and former CEO Lloy...

The State Department has cleared Iraq’s request to purchase major defense equipment such as Lockheed Martin‘s (NYSE: LMT) Hellfire missiles and Captive Air Training Missiles under a potential $800 million foreign military sale contract. The Defense Security Cooperation Agency said Thursday the order includes 5, 000 AG...

Ten small businesses have won spots on a potential five-year, $846 million contract to support business processing systems across the U.S. Army organization. The Defense Department said Thursday the contract will run through Jan. 6, 2021, and covers enterprise resource planning services for the Army’s Enterprise System Inte...