Schaumburg, Illinois-based military electronics manufacturer Sparton (NYSE: SPA) and U.K.-based defense contractor Ultra Electronics have decided to abandon their $234 million merger agreement because of antitrust concerns from the Justice Department. Sparton said Monday it plans to resume negotiations with parties that previously sho...
Boeing (NYSE: BA) has received a $282.3 million contract modification to obtain components for lot 10 P-8A Poseidon maritime aircraft for the U.S. Navy, Norway and the U.K. The company will obtain long lead items needed to manufacture 19 Poseidon units and perform work under the modification through March 2022, the Defense Depart...
The U.S. Navy has awarded 5 companies spots on a potential $225.8 million contract to provide a administrative, technical, programmatic and financial services to the Defense Advanced Research Projects Agency‘s Tactical Technology Office. The Defense Department said Monday the multiple-award contract has an initial value of $204.3 mil...
Weekly Roundup February 26 – March 2, 2018 Click here to see Real-Time GovCon Sector Quotes This Week™s Wash100 Top Movers: GovCon Executives Outpace Government Counterparts Jim Garrettson, Executive Mosaic CEO We™re now six weeks into the 5th Annual Wash100 season and this week GovCon Executives outpaced Gov...
Weekly Roundup February 19 – February 23, 2018 Click here to see Real-Time GovCon Sector Quotes Significant Contract Activity This Month and The Wash100 Vote Continues Jim Garrettson, Executive Mosaic CEO The Wash100 popular vote continues this week, if you have yet to place a vote, you can visit theWash100 voting page and vote ...
A United Technologies Corp. (NYSE: UTX) business unit has secured a potential 10-year, $2.5 billion contract to provide aviation-related spare parts and services to all U.S. military branches. UTC Aerospace Systems will perform work at various facilities in nine states through April 30, 2028, the Defense Department said Wednesday...
Weekly Roundup February 12 – February 16, 2018 Click here to see Real-Time GovCon Sector Quotes The Current Top 5 GovCon Executives of Consequence Jim Garrettson, Executive Mosaic CEO We™re three weeks into the 5th annual Wash100 season and the voting turn out has been fantastic! The popular vote will be...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a $126.5 million contract modification from the U.S. Navy to obtain long lead materials for the low-rate initial production of seven CH-53K King Stallion helicopters. Sikorsky will procure the items needed to manufacture the third batch of CH-53K aircraft through the...
Weekly Roundup February 5 – February 9, 2018 Click here to see Real-Time GovCon Sector Quotes Government Executives Outpace GovCon Counterparts In Wash100 Popular Vote Jim Garrettson, Executive Mosaic CEO The Wash100 voting has been open for a little over two weeks now, and the preliminary results of the popular vote are sh...
Lockheed Martin (NYSE: LMT) has received a $119.7 million delivery order modification from the U.S. Navy to provide initial air vehicle deployment spares packages for the F-35 program. The Defense Department said Monday Lockheed’s aeronautics business will deliver the spares in support of the U.S. Air Force‘s F-35 del...
