Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning System III space vehicles for the U.S. Air Force. The Air Force exercised an option in a previously awarded GPS III production contract and obligated $373.4 million for the modification from the military branch&...
Raytheon (NYSE: RTN) has received a potential six-year, $254.6 million contract to design, build, integrate and test a Joint Precision Approach and Landing System for the U.S. Navy. The Defense Department said Wednesday that Raytheon will continue to develop eight existing JPALS engineering development models and build ...
L-3 Communications (NYSE: LLL) has been awarded a potential $238.2 million contract by the U.S. Navy to develop and manufacture passive sonar receiver technology for installation on submarines. The Defense Department said Wednesday the company will provide a first article TB-29X towed array receiver unit, production tow...
BAE Systems Chief Operating Officer Charles Woodburn will assume responsibility for the British contractor’s defense operations and cybersecurity subsidiary in the U.K. ahead of CEO Ian King’s anticipated retirement in 2017, Reuters reported Wednesday. Sarah Young writes a BAE spokeswoman told Reuters the company has informed employ...
TYSONS CORNER, VA, Sept. 20, 2016 ” Maximus (NYSE: MMS), Employ Milwaukee and local hospitality and restaurant employers have partnered to build a workforce development platform for the Labor Department that seeks to support job seekers and employers at the department’s American Job Centers or One-Stop Center...
Bethesda, Maryland-based information technology services provider InfoZen has secured a potential $208 million contract from the Department of Homeland Security to help DHS carry out its Support Platform Engineering and DevOps Integration program. InfoZen said Monday the DHS’ U.S. Citizenship and Immigration Services Office of IT pro...
Lockheed Martin (NYSE: LMT) has received a $147.3 million cost-sharing contract from the Defense Advanced Research Projects Agency to conduct research as part of a prototype agreement for the Tactical Boost Glide program. DARPA will obligate $13.4 million from fiscal 2016 research and development funds at the time of award, the Defense Departme...
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...
Paul Averna, former vice president of enterprise solutions at Micro Focus and a U.S. Navy veteran, has joined Three Wire Systems as senior vice president for enterprise sales at the Falls Church, Virginia-based information technology services contractor. He will oversee sales efforts intended to help increase ...
September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look at the wi...
