Boeing (NYSE: BA) has received a $222.5 million contract modification from the U.S. Army to build and deliver eight CH-47F helicopters to Saudi Arabia’s land forces aviation command. The Army Contracting Command obligated the full modification amount at the time of award from fiscal 2017 foreign military sales funds, the Defense Depa...
Lockheed Martin (NYSE: LMT) has secured a $427 million order from the U.S. Navy to provide ancillary military and pilot flight equipment for the 11th batch of low-rate initial production F-35 jets. The Defense Department said Monday Lockheed will supply the F-15 equipment to the Navy, Air Force, Marine Corps, ...
Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick lo...
Booz Allen Hamilton (NYSE: BAH) has won a potential five-year, $91.5 million contract to advise and assist the Missile Defense Agency on the cybersecurity management and computer network defense of the Ballistic Missile Defense System. The Defense Department said Tuesday Booz Allen will help MDA acquire, manage and operate information tech...
Robert Work, former deputy secretary at the Defense Department and a 27-year U.S. Marine Corps veteran, has been elected to the board of directors at Raytheon (NYSE: RTN). “Bob is well known in both the public and private sectors for his significant expertise in global security matters, most especially in the areas of defense strategy, ad...
Weekly Roundup August 07 – August 11 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson At the tail-end of May the Department of Defense released its FY 2018 budget request, while the Comptroller of the Department of Defense published the Defense Budget Overview, a succi...
TYSONS CORNER, VA, Aug. 9, 2017 ” Amazon Web Services (Nasdaq: AMZN) has utilized an artificial intelligence service designed to help recognize objects, scenes and faces in images in a demonstration of its potential applications for Defense Department programs, ExecutiveBiz reported Tuesday. The company said Monday Amazon Rekognition&...
Weekly Roundup July 31 – August 04 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Over the past two months there have been a considerable number of female executive moves in the GovCon industry. These changes in leadership will stand to have a lasting and positiv...
Anchorage, Alaska-based Defense Base Services has won a potential eight-year, $233 million from the U.S. Navy to provide base operating support services at Naval Air Station Fallon in Nevada. The Defense Department said Tuesday the service branch received two bids for the indefinite-delivery/indefinite-quantity contract via a competitive procur...
General Dynamics (NYSE: GD) has received a potential two-year, $270.2 million contract to help the U.S. Army install and integrate legacy unique components into M1A2 Abrams main battle tanks. The Defense Department said Monday the company will also support the procurement, stocking and storage of SEPv2 legacy and SEPv3 unique componen...
