Raytheon (NYSE: RTN) has been awarded a potential two-year $142.8 million contract to build missiles for the U.S. Navy to defend ships from adversarial missiles, aircraft and surface vehicles. The Defense Department said Tuesday the company will produce, assemble, test and deliver Rolling Airframe Missile Block 2 guided missile round packs ...
The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801. The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again to a gain of almost...
TYSONS CORNER, VA, January 5, 2016 ” Jose Riojas, formerly chief of staff at the Department of Veterans Affairs, has been appointed to the strategic advisory board within the mission solutions and services group of ManTech International (Nasdaq: MANT), GovCon Executive reported Monday. ManTech said Monday Riojas has also served as assistan...
TYSONS CORNER, VA, January 5, 2016 ” Raytheon (NYSE: RTN) will provide design agent engineering and technical support services for the U.S. Navy‘s Phalanx weapon systems under a $42.2 million contract modification, ExecutiveBiz reported Monday. The Defense Department said Thursday work will be provided to the U.S. government and...
TYSONS CORNER, VA, January 5, 2016 ” Lockheed Martin (NYSE: LMT), Rolls Royce and Marshall Aerospace and Defence Group will continue to provide Hercules Integrated Operational Support to the British air force’s C-130J Super Hercules fleet under a $545 million contract, ExecutiveBiz reported Monday. Lock...
TYSONS CORNER, VA, January 5, 2016 ” Exelis, a subsidiary of Harris Corp. (NYSE: HRS), will provide radar and sensor systems engineering, sustainment and integration services under a $14.1 million U.S. Air Force contract modification, ExecutiveBiz reported Monday. The Defense Department said Thursday the contract modification also includes...
Jacobs Engineering Group Inc. (NYSE: JEC) will continue to perform engineering and science services for NASA’s Huntsville, Alabama-based Marshall Space Flight Center under a one-year, $127.8 million contract modification. Jacobs said Tuesday the company started its science and engineering and technician support to MSFC on Oct. 3, 2015 and will...
Intel (Nasdaq: INTC) has agreed to buy German unmanned aerial vehicle developer Ascending Technologies for an undisclosed sum as the companies seek to accelerate adoption of computing tools in the drone market. Josh Walden, senior vice president and general manager of Intel’s new technology group, wrote in a blog article published Monday ...
The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four other liste...
TYSONS CORNER, VA, January 4, 2016 ” Serco Inc. will provide hazardous material support to the U.S. Navy‘s southwest regional hazardous material centers under a potential $47.7 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday Serco Inc. will work at six naval facilities in California through December ...
