Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 ...
A joint venture of PAE and Parsons will continue to support U.S. Navy operations at the Joint Region Marianas installation in Guam under a potential $492 million contract. The Navy received eight proposals through an online-based competitive procurement and re-awarded the contract to DZSP 21 after the service branch took cor...
The U.S. Army has awarded a $146.5 million contract modification to a BAE Systems subsidiary to construct an insensitive munitions weak nitric acid recovery facility at the Holston Army Ammunition Plant in Tennessee. BAE’s ordnance systems unit is scheduled to finish work July 31, 2019, the Defense Department said Tuesday. The Army C...
September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR™s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the busin...
Carestream Health has been awarded a potential 10-year, $150 million contract by the Defense Logistics Agency to supply picture archiving and communications system products to the four U.S. military branches. The Defense Department said Tuesday the company will provide digital imaging network PACS equipm...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $329.6 million contract modification to perform design, planning yard, engineering and technical support work on active nuclear submarines for the U.S. Navy. The service branch obligated $284, 038 from its fiscal 2016 “other” procurement fu...
Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $700M contract to help the Defense Logistics Agency to supply chemicals, packaged petroleum, oils and lubricants to military and government organizations. SAIC will deliver the products to the U.S. Army, U.S. Navy, U.S. Air Forc...
Lockheed Martin (NYSE: LMT) has received a potential $426 million contract from the U.S. Navy to build and field the Aegis Weapon System and the integrated Aegis Combat System on three of the military branch’s Arleigh Burke-class destroyer ships. The Defense Department said Friday that Lockheed will provide follow-on support services...
TYSONS CORNER, VA, Sept. 14, 2016 ” ICF International (Nasdaq: ICFI) has secured a $34 million contract from the U.S. Navy to help develop strategies for the resiliency of assets and evaluate potential infrastructure risks at U.S. military installations worldwide, ExecutiveBiz reported Tuesday. The company said Tuesday the c...
Bill Toti, former president of the global defense segment at Cubic Corp. (NYSE: CUB), has joined Hewlett Packard Enterprise (NYSE: HPE) as vice president for defense and homeland security, GovCon Wire has learned. He will oversee HPE’s work with the departments of Defense, Homeland Security, Justice and State in hi...
