Tag Archives: featured

GAO Denies Boeing-Lockheed Team’s Protest of Northrop Air Force Bomber Contract

The Government Accountability Office has denied the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team’s protest of the U.S. Air Force‘s award of the highly-classified Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in a ruling that could give way for engineering and development work to start. Boeing and …

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Lentech Appoints Former ASRC Federal Exec Gregg Einfalt as President

Gregg Einfalt, former president of ASRC Federal‘s engineering and aerospace operating group, has joined Reston, Virginia-based government services contractor Lentech as president. Einfalt will oversee Lentech’s efforts to grow its footprint in the civil and defense engineering and technical markets, the company said Feb. 1. “Gregg’s combination of experience, technical knowledge …

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Army Posts RFP for $12B Follow-On Enterprise IT Services Contract

The U.S. Army has launched a formal solicitation for its potential nine-year, $12.1 billion Information Technology Enterprise Solutions-3 Services acquisition vehicle. The Army said in a request for proposals posted Friday on FedBizOpps the multiple-award contract will comprise IT systems integration and management support services for the military branch, Defense Department components and federal civilian …

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Philadelphia Gear Wins Potential $1.04B Navy Destroyer Reduction Gear Engineering Contract

Philadelphia Gear has won a potential $1.04 billion contract to engineer the main reduction gears for the U.S. Navy’s Arleigh Burke-class guided missile destroyers. The company will perform work in California, Missouri, Florida, Pennsylvania and other locations through February 2017, the Defense Department said Thursday. The Naval Sea Systems Command received …

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Energy Sector Vet Charles Woodburn Named BAE COO; Roger Carr Comments

Charles Woodburn, a 20-year oil and gas industry veteran and former CEO of oilfield services company Expro, has joined BAE Systems as chief operating officer. He will report directly to CEO Ian King and will also join BAE’s board as an executive director in the second quarter of 2016, the company said Monday. Woodburn …

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State Dept OKs $700M Sale of F-16 Aircraft, Logistics Support to Pakistan

The State Department has given Pakistan the go-ahead to buy eight F-16 Block 52 planes, related equipment and logistics support from the U.S. government under a potential $699.04 million foreign military sales agreement. Pakistan will use the additional fighter jets to support counterterrorism and counterinsurgency operations, the Defense Security Cooperation Agency …

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Gail Rissler Named Suntiva COO; Hany Malik Comments

Gail Rissler, formerly a senior vice president of Suntiva, has been named the first chief operating officer of the company. She will lead Suntiva’s health, defense, federal civilian and intelligence community business units and oversee the company’s business expansion, strategy execution and business development, Suntiva said Friday. “[Rissler] brings the …

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February 16 Morning Report: GovCon Index Posts Gain on Stock, Oil Price Recoveries

The GovCon Index closed Friday with a gain of 0.547 points to 69.294 on increased investor confidence in bank and retail stocks and price recoveries in brent and crude oil. The Index posted a 2-percent decline for the past week and is down 10.62 percent from the beginning of the year. …

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February 12 Market Close: GovCon Index, US Stocks Ride Oil Rally to End Losing Streaks

The GovCon Index rebounded on oil price recoveries and investor confidence Friday at a gain of 0.547 points to 69.294 but remain below the 70-point barrier for a second consecutive close. The Index posted a loss of 2 percent for the week and is down 10.62 percent from the start …

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Weekly Roundup Feb. 8 – Feb. 12 2016: Three 2016 Wash100 CEOs Whose Firms ‘Beat The Street’ & more

Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period …

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