
Following Jacobs Engineering Groups (JEC) official acquisition of KeyW on June 12th, United Technologies Corp. (UTX) has replaced KeyW as a member of the GovConIndex. You can find the daily performance of the GovCon industry, the latest financial news and expert analysis on the GovConIndex right here. UTX joins the GovConIndex as one of 30...
Potomac Officers Club hosted the 2019 Artificial Intelligence Forum on Thursday to bring the GovCon leaders from the public and private sector together to discuss the latest initiatives and challenges that federal agencies and industry are facing as AI technology continues to develop at an incredible rate....
Alfab has won a potential five-year, $127.8M U.S. Navy contract to provide airfield matting services to Naval Air Systems Command. The company will deliver land, heavy duty and spacer mat packages under the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the Department of Defense said Tuesday. The service branch received two offe...
Johns Hopkins University Applied Physics Laboratory has been awarded a $2.35B contract modification by the U.S. Navy to provide research, development and engineering services to Department of Defense programs. This award increases the maximum ceiling amount of APL’s indefinite-delivery/indefinite-quantity contract to $7.11B, the Pentagon said ...
The U.S. Army has awarded a Dynetics-led industry team a potential $130M contract to build and demonstrate a 100-kilowatt-class laser weapons system. Dynetics said Wednesday its partners for the High Energy Laser Tactical Vehicle Demonstrator program are Lockheed Martin (NYSE: LMT), Rolls-Royce and MZA Associates. “High energy laser weapo...
Perspecta (NYSE: PRSP) has secured a position on a 10-year, $982M contract to help the U.S. Army build and field cyber electronic warfare technology platforms. The company said Wednesday it aims to produce non-kinetic systems to support the military branchs cyber-electromagnetic activities and apply deep signals intelligence, big data and wire...
A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its sales rise 22 percent to $8.2B in the first quarter of 2019 and recorded a sector operating profit growth of 27 percent. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 winner, wrote the Falls Church, Va.-based def...