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Tag Archives: congress

House Republicans Introduce 1 Week Stop-Gap Funding to Avoid Shutdown

House Republicans introduced a stop-gap funding measure late Wednesday night to keep the government funded through May 5, while lawmakers hammer out final legislation that would fund the government through September. The continuing resolution measure, introduced by House Appropriations Chairman Rodney Frelinghuysen (R-NJ), would keep the government open at current …

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State Dept OKs $195M Follow-On C-17 Sustainment Support Deal for Canada

The State Department has approved a potential follow-on $195 million foreign military sale of sustainment support services to Canada’s fleet of C-17 military cargo aircraft. Canada requested aircraft maintenance, logistics, in-country field services, alternate mission, training and support equipment, software, spares, personnel training and engineering support for five C-17 planes, the Defense Security Cooperation …

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William LaPlante Appointed SVP, GM of Mitre’s National Security Center

William LaPlante, formerly a vice president of Mitre, has been appointed as senior vice president and general manager of the nonprofit research company’s Center for National Security. Mitre said Thursday LaPlante will lead efforts to increase the organization’s strategic value across its Defense Department, intelligence and cybersecurity portfolios. CNS is comprised of two Mitre-operated, federally …

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State Dept OKs $296M Humvee, Rifle Sale to Iraq

The State Department has given Iraq the go-ahead to purchase High Mobility Multipurpose Wheeled Vehicles, rifles and other military equipment for the Middle Eastern country’s two Peshmerga infantry brigades and two artillery battalions under a potential $295.6 million foreign military sales agreement. The government of Iraq asked to buy up-armored M1151 Humvees, …

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State Dept Approves $1B Trainer Aircraft Logistics Support Deal With Iraq

The State Department has approved Iraq’s request to procure pilot and maintenance training, base support and contractor logistical support for C-172, C-208 and T-6 trainer aircraft under a potential $1.06 billion foreign military sales agreement. Iraq requested contractor aircraft modification services, repair and spare parts, publications, aircraft ferry, miscellaneous parts, training base operation and base …

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State Dept OKs $319M Air Base Facility Construction Support Deal With Kuwait

The State Department has cleared Kuwait’s request to procure construction services in support of the establishment of various facilities at the country’s Al Mubarak air base under a potential $319 million foreign military sales agreement. Kuwait requested engineering, design, infrastructure assessment, contract administration, project management, surveys, acquisition and other technical services in support …

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February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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February 27 Market Close: GovCon Index Hits Record Close on Trump Military Budget Proposal

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite …

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State Dept Clears $140M in Raytheon Missile Purchase Requests from South Korea

The State Department has given South Korea the green light to procure Raytheon-built AGM-65G-2 Maverick and AIM-9X-2 Sidewinder missiles under two foreign military sales agreements worth approximately $140 million combined. South Korea requested to purchase 89 Maverick missiles, containers and related support under a potential $70 million FMS contract, the Defense Security Cooperation Agency said …

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State Dept OKs $1.75B Sale of P-8A Patrol Aircraft, Support to Norway

The State Department has approved Norway’s request to buy Boeing-built (NYSE: BA) P-8A patrol aircraft and associated support under a $1.75 billion foreign military sales agreement  with the U.S. government. Norway asked to purchase up to five P-8A aircraft with commercial engines, tactical open mission software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)1 acoustic …

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