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GovCon Index Recorded Back-to-Back Weekly LossFinancial Reports
  • February 3, 2025

    GovCon Index Recorded Back-to-Back Weekly Loss

    The GovCon Index snapped its six-day losing streak Thursday, then advanced +0.28% to $4,895.06 before the weekend. Unfortunately, the two
    Tom Vecchiolla Named QinetiQ US President & Chief ExecutiveExecutive Moves
    • January 21, 2025

      Tom Vecchiolla Named QinetiQ US President & Chief Executive

      Tom Vecchiolla, former ST Engineering North America leader and Wash100 Award recipient, was appointed president and chief executive of QinetiQ
      Evercore Offers January Update on Defense & Government Services Firms’ Market PerformancesM&A Activity
      • January 13, 2025

        Evercore Offers January Update on Defense & Government Services Firms’ Market Performances

        Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services
        Navy Awards $908M Contract to Raytheon for SM-6 Missile ProductionAcquisition & Procurement
        • January 10, 2025

          Navy Awards $908M Contract to Raytheon for SM-6 Missile Production

          The U.S. Navy has awarded Raytheon a $333.3 million contract to produce Standard Missile-6, including spares and round design agents.
          State Department Approves Japan’s $3.6B FMS Deal for AMRAAMDOD
          • January 3, 2025

            State Department Approves Japan’s $3.6B FMS Deal for AMRAAM

            The State Department has approved a request from Japan to purchase $3.64 billion worth of AIM-120D-3 and AIM-120C-8 Advanced Medium-Range Air-to-Air
            Raytheon Awarded $946M Army Contract for Patriot Missile SystemContract Awards
            • December 27, 2024

              Raytheon Awarded $946M Army Contract for Patriot Missile System

              Raytheon, an RTX business, has received a contract modification worth $946.4 million from the U.S. Army for Patriot production hardware, software and
              Raytheon Awarded $282M USAF Contract for StormBreaker MunitionsContract Awards
              • December 20, 2024

                Raytheon Awarded $282M USAF Contract for StormBreaker Munitions

                Raytheon has booked a $282.3 million contract from the U.S. Air Force for Small Diameter Bomb Increment II, GBU-53/B Production Lot
                Northrop Wins $3.5B Navy Contract for E-130J AircraftContract Awards
                • December 19, 2024

                  Northrop Wins $3.5B Navy Contract for E-130J Aircraft

                  Northrop Grumman has won a U.S. Navy contract worth approximately $3.5 billion to provide mission-systems integration support for E-130J, the
                  Tony Gingiss to Lead Millennium Space Systems as CEOExecutive Moves
                  • December 17, 2024

                    Tony Gingiss to Lead Millennium Space Systems as CEO

                    Tony Gingiss has assumed new responsibilities as CEO of Millennium Space Systems, effective immediately. The executive will lead 1,000 employees
                    Theodore Glusko Joins Altamira as PresidentExecutive Moves
                    • December 11, 2024

                      Theodore Glusko Joins Altamira as President

                      Altamira Technologies has appointed Theodore Glusko, a defense industry veteran, as president. The McLean, Virginia-based technology company said Tuesday Glusko
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                      The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, to-the-point stories of the most significant contract awards, top-level executive moves, M&A activities and financial results of the sector’s most notable players.

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                      • CISA Names Ryan Donaghy Chief Operating Officer
                      • Sheriff Michael Adkinson to Chair FirstNet Authority Board
                      • Vice Adm. Douglas Williams to Lead Navy PAE Strategic Systems Programs
                      • Pentagon AI User Base Hits 1.5M as Battlefield Integration Accelerates
                      • Snowflake Offers Agencies Discounts for Data Tools Under OneGov Agreement With GSA
                      • Tulsi Gabbard Resigns as Director of National Intelligence

                      RSS ExecutiveBiz

                      • Carahsoft Makes Scale AI Capabilities Available on GSA Schedule
                      • Leidos Secures 4 State Department Awards Supporting Global IT Modernization
                      • Claroty Partners With Corsha to Expand Zero Trust OT Cybersecurity for Federal Agencies
                      • CACI Advances to Phase 3 of SSC’s Optical Communications Terminal Development Program
                      • Virtualitics Taps OpenAI for Mission Readiness AI Capabilities
                      • Lockheed Martin Breaks Ground on Alabama Munitions Facility to Expand THAAD Production
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