Georgia Tech Research Institute has landed a $84.5 million sole-source contract from the U.S. Navy to conduct research as a Defense Department university affiliated research center. DoD said Thursday the indefinite-delivery/indefinite-quantity contract requires studies on command, control, communications, computers, intelligence and c...
The GovCon Index closed Friday with a gain of 1.417 percent to 75.314. With Friday’s performance, the Index is on its third consecutive day in positive territory. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change I Intelsat 2.60 0.12 +4.84% MCK McKesson Corp.* 158.31 6.62 +4.36% VEC Vectrus Inc. 22...
The GovCon Index continued it positive trend for the third consecutive day closing up 1.417% to 75.314. According to Bloomberg, the Dow and S&P 500 closed Friday in positive territory for 2016. Strong performance from emerging market stocks, and oil prices helped prop up stock prices. Top GovCon Index Gainers Symbol Company $ Current Price ...
Lockheed Martin (NYSE: LMT) has received a $197.6 million contract modification to design and test computer program baselines for the U.S. Navy™s Aegis combat system. The company will also provide integration and delivery services for related technology insertion hardware design for the next build, the Defense Department said Wednesday. Lockhee...
TYSONS CORNER, VA, March 18, 2016 ” Iron Mountain (NYSE: IRM) will purchase renewable energy from New Jersey Resources™ Ringer Hill wind turbines in an effort to save $500, 000 a year, ExecutiveBiz reported Thursday. Iron Mountain said Tuesday the power purchase agreement will run for 15 years and works to provide electricity to the...
TYSONS CORNER, VA, March 18, 2016 ” Intel Security (Nasdaq: INTC) and DLT Solutions will form a cyber laboratory within the DLT Innovation Center as part of their efforts to provide help to federal agencies facing cybersecurity challenges, ExecutiveBiz reported Thursday. “The federal government is projecting to spend $19B in the...
Raytheon has landed a $573 million contract modification from the U.S. Air Force for Advanced Medium Range Air to Air Missiles production and system items. The award will exercise options for lot 30 of AMRAAM and related items, Defense Department said Wednesday. Air Force Life Cycle Management Center Air Dominance Contracting Office w...
TYSONS CORNER, VA, March 18, 2016 ” A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture has received a performance-based logistics award from the Defense Department for its work in the Javelin program, GovCon Executive reported Thursday. Lockheed said Wednesday its Javelin Joint Venture and the U.S. Army‘s ...
TYSONS CORNER, VA, March 18, 2016 ” QTS Realty Trust (NYSE: QTS) will provide VMware‘s FedRAMP-compliant vCloud Government Service to support Y2Fox Data Solutions‘ production environment for public sector customers, ExecutiveBiz reported Thursday. QTS said Wednesday it will offer the VMware technology to hel...
Skot Butler, vice president of satellite networks and space services at Intelsat General — a U.S. subsidiary of the Luxembourg-based satellite services provider — has been promoted to president. His promotion is effective April 4 and he will succeed Kay Sears, who is leaving the company after a 10-year care...
