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The GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis. Crude futures in New York settled down 3.06 percent to $36.71 a barrel, w...
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential two-year, $142.8 million foreign military sales contract to manufacture multiple rocket launchers equipped with crew protection cabs for the United Arab Emirates. The firm-fixed-price contract covers 12 armored High Mobility Artillery Rocket Systems, spares, software and training and ...
General Electric (NYSE: GE) has secured a potential $1 billion contract from Saudi Electricity Co. to engineer and build four gas turbines for SEC™s combined cycle power plant in Saudi Arabia. GE said Thursday it will also construct a steam turbine at its New York facility, provide turbine-related services and equip the engines with solar...
