Executive Mosaic’s GovCon Index recorded four consecutive daily losses after a solid start to the week. The index, which tracks the stock performances of 30 major government contractors, declined 0.47% Friday to register a 0.69% and 1.08% week-on-week and month-on-month loss, respectively. Nonetheless, the GCI is up 5.92% year-to-date despite a we...
The Department of Energy is soliciting proposals for a potential 10-year, $3.4 billion indefinite-delivery/indefinite-quality contract vehicle for the acquisition of low-enriched uranium from domestic commercial sources. DOE said Thursday that the procurement effort, partly funded by the President’s Investing in America agenda, seeks to divers...
An RTX (NYSE: RTX) subsidiary has secured a $385.5 million contract from the Department of Homeland Security to help sustain aircraft avionics systems on U.S. Coast Guard aircraft. Collins Aerospace will provide sustainment engineering and technical support services for the Coast Guard’s Aviation Logistics Center, according to a notice posted ...
Mark Peters, a scientist and national energy laboratory executive, will assume the role of president and CEO of MITRE on Sept. 3. Peters, who currently serves as executive vice president for national laboratory management and operations at Battelle, will succeed the retiring Jason Providakes, a 37-year MITRE veteran and a three-time Wash100 awardee,...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a $1.56 billion contract from the U.S. Navy to provide F-35 logistics support services for domestic and international military customers. The contractor will perform ground maintenance, depot activities, automatic logistics information system operations and maintenance, supply chai...
DZYNE Technologies has acquired High Point Aerotechnologies for an undisclosed sum to expand its portfolio of air defense technology platforms with the addition of counter-uncrewed autonomous system capabilities. High Point CEO Al White will join DZYNE as executive vice president of air defense technologies with oversight of the C-UAS business, the ...
The Department of Energy has awarded Aptim Federal Services a potential 10-year, $630 million task order to perform decommissioning work at two facilities in New York that supported the country’s Naval Nuclear Propulsion Program. DOE said Thursday Aptim will demolish excess facilities and perform cleanup work on ancillary structures at the Kesselr...
Leidos (NYSE: LDOS) has secured a potential five-year, $476.5 million contract from NASA for analytical and physical processing services in support of the agency’s International Space Station, Artemis and other programs. NASA said Thursday that Leidos will provide engineering, maintenance and operations support under the fourth iteration of th...
Core4ce has named Todd Harbour, co-founder and managing partner, as chief technology officer and appointed Kim Kok, formerly senior vice president of the public sector at HUMAN Security, as VP of sales and emerging technology. Harbour will oversee the company’s innovation incubator The Forge, which develops tools and services to support ...
General Dynamics‘ (NYSE: GD) land systems business has booked a $322.7 million contract modification from the U.S. Army for low-rate initial production of the M10 Booker combat vehicle. The Department of Defense said Thursday General Dynamics Land Systems will perform work at its Sterling Heights, Michigan location and in Anniston, Alabama, an...
