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Tag Archives: featured

February 17 Market Close: GovCon Index Stays Level, Greece Talks Continue

The GovCon Index recorded a nominal gain of 0.114 points to 69.617 and mirrored a Tuesday trading day that saw U.S. stocks flunctuate across the board. Negotiations between Greece’s government and the country’s creditors ended Monday without much progress and Greece could run out of cash by March if no deal is reached …

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Jerry Powlen: Raytheon to Build P-8A Open Architecture for Navy

A Raytheon-led (NYSE: RTN) consortium has been awarded a $15.5 million contract to help the U.S. Navy design and develop an application-based architecture for the military service’s P-8A maritime surveillance aircraft. The company said Tuesday it will build the ABA to help the branch implement third-party Poseidon mission software apps and …

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Boeing to Upgrade Japan’s Airborne Warning and Control System Aircraft

Boeing (NYSE: BA) has received a $402.8 million contract modification from the U.S. Air Force to refresh Japan’s airborne warning and control system through a foreign military sales agreement. The company will upgrade four E-767 aircraft and three ground support services under the modification to the previously awarded mission computing upgrade program, …

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Northrop to Upgrade Electronic Warfare System of US Navy Fleet

Northrop Grumman (NYSE: NOC) has won a $267 million contract to design a new electronic warfare system for the U.S. Navy’s ships through an open-system approach, USNI News reported Thursday. Sam LaGrone writes the Navy intends for the AN/SLQ-32(V)Y Surface Electronic Warfare Improvement Program Block 3 system to upgrade the …

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Larry Flynn, Mark Burns, Amy Gilliland Appointed to General Dynamics Leadership Roles

Larry Flynn, a 20-year General Dynamics (NYSE: GD) veteran, has been appointed executive vice president for the corporation’s aerospace segment. He will assume the position from his current role as president of General Dynamics subsidiary Gulfstream Aerospace and succeed Joseph Lombardo beginning on July 1, the company said Friday. Flynn …

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February 13 Market Close: GovCon Index Closes Up Ahead of President’s Day

The GovCon Index rose for a fourth consecutive day by 0.231 points to close at 69.503 ahead of the President’s Day weekend. Energy and services sector stocks led gains and traders continued to cast their eyes on negotiations between Greece and its creditors on the country’s debt situation, the Wall Street Journal reported. The …

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Metron, SAIC, WBB Land Spots on $167M Navy Assessment Planning IDIQ

The U.S. Navy has awarded positions on a potential five-year, $167 million contract to three companies for assessment planning and warfare support analysis services. Awardees will compete for firm-fixed-price and cost-plus-fixed-fee task order contracts to work with the Office of the Chief of Naval Operations and subordinate staff organizations on methodologies …

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L-3 to Produce Night-Vision Binoculars for Navy, Marine Corps

An L-3 Communications subsidiary has won a $49.5 million contract to provide nighttime surveillance goggles to the U.S. Navy and U.S. Marine Corps, Military & Aerospace Electronics reported Thursday. John Keller writes L-3 Warrior Systems will manufacture an undisclosed number of AN/PVS-31 Binocular Night Vision Devices in Londonderry, New Hampshire, …

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US Army Awards $248M IDIQ for Medical Command Facilities Operation, Maintenance

Five vendors have received a $248 million task order from the U.S. Army to operate and maintain the service’s medical command facilities in various locations. ABM Government Services, Emcor Government Services (NYSE: EME), Facilities Services Management, J&J Worldwide Services and Jones Lang LaSalle will perform work through Feb. 8, 2020, the …

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Motorola Adds Public Safety Tech with Emergency CallWorks Buy

Motorola Solutions moved to grow its public safety communications portfolio with the acquisition of call-taking software maker Emergency CallWorks for an undisclosed amount. The purchase is intended to help Motorola’s government and commercial clients leverage a web-based emergency call answering system in their command centers, Motorola Solutions said Thursday. Bob Schassler, executive …

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