A Textron (NYSE: TXT) business unit has been awarded a $116.5 million contract to update a tactical unmanned aircraft system the U.S. Army operates for intelligence, surveillance and reconnaissance missions and to relay communications. Textron™s unmanned systems business will work to update 24 of the&nbs...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $73.8 million contract modification to acquire long-lead parts and components needed to build F-35A fighter jets for Japan. The Defense Department said Friday that Lockheed will use the materials to complete and deliver six F-35As under low-rate initial production Lot 12 to ...
April 18 – April 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Corporate earnings season is underway for the first quarter and gives an opportunity for investors to gauge the financial health and performance of the world’s largest defense and government...
TYSONS CORNER, VA, April 22, 2016 ” Exostar has said BAE Systems, Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) have committed to deploy its updated risk management service for defense contractors, ExecutiveBiz reported Thursday. The update includes a questionnaire that works to help contractors cover all the...
TYSONS CORNER, VA, April 21, 2016 ” Cisco (Nasdaq: CSCO) has configured its cybersecurity products to provide assessment support to drive compliance with the security controls in the National Institute of Standards and Technology‘s Risk Management Framework, ExecutiveBiz reported Friday. Steve Caimi, industry solutions spec...
The Defense Information Systems Agency has awarded AT&T (NYSE: T) a potential five-year, $74.6 million contract to provide Northstar long-haul telecommunications services and related transmission circuits in support of DISA’s ultra-high frequency/line-of-sight communications platform. The sole-source, firm-fixed-price contract awarded by t...
BAE Systems™ land and armaments business has received a potential $109.7 million contract modification to produce 36 M88A2 Heavy Equipment Recovery Combat Utility Lift and Evacuation System vehicles for the U.S. Army. The company will perform work in York, Pennsylvania, through Aug. 31, 2018, under the contract modification that also covers aut...
TYSONS CORNER, VA, April 18, 2016 ” Northrop Grumman (NYSE: NOC) could launch its XS-1 concept in the commercial market as an alternative to the Defense Advanced Research Projects Agency Experimental Spaceplane-1 program, ExecutiveBiz reported Friday. “If a responsive system can be built and start to fly with some flight ra...
Lockheed Martin (NYSE: LMT) has received a $181.8 million contract modification from the Naval Air Systems Command to manufacture alternate mission equipment for low-rate initial production lot 9 F-35s. The Defense Department said Friday that Lockheed will build and deliver F-35 pilot flight tools, red gear and armaments to the U.S. Navy, Marin...
Data Computer Corp. of America has won a potential five-year, $80 million task order to update the U.S. Air Force’s main mission communication system to an Internet protocol v6 network as part of the Western Range Modernization Network initiative. The service branch received three bids for the program through a competitive procuremen...
