Tag Archives: featured

Lockheed Awarded $528M THAAD Missile Interceptor Contract Modification

Lockheed Martin (NYSE: LMT) has received a $528.5 million contract modification from the Missile Defense Agency to build interceptors against short- and medium-range ballistic missile threats. The Defense Department said Monday the company will provide an undisclosed number of production lots 7 and 8 Terminal High Altitude Area Defense interceptors, …

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Boeing Awarded $358M Navy IDIQ for Precision Laser Guided Sets

Boeing (NYSE: BA) has received a $357.8 million indefinite-delivery/indefinite-quantity contract to produce precision laser guided sets for the U.S. Navy, U.S. Air Force and foreign military sales clients. The company will build the fourth to eighth batches of the DSU-38 A/B munition systems and deliver the sets to the United Arab …

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Ross Ashley Takes SVP Role at SAP NS2; Mark Testoni Comments

Ross Ashley, formerly assistant administrator for the Federal Emergency Management Agency’s grant programs directorate, has joined SAP National Security Services (NYSE: SAP) as senior vice president of business and partner development. Ashley will oversee SAP NS2’s initiatives to support mission-focused areas in the national security space, the company said Dec. …

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December 28 Market Close: GovCon Index, US Stocks Held Down by Extended Energy Decline; CSRA Tops S&P 500 Gainers

The GovCon Index failed to rebound from its Christmas Eve decline with a loss of 0.264 points to 77.554 Monday as U.S. financial markets entered the final week of trading activity for 2015. U.S. markets will be open for full sessions Tuesday and Wednesday with a half-day scheduled for Thursday in …

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Navy Awards Austal USA $198M for LCS, Frigate Design Services

Austal‘s U.S.-based subsidiary has received a potential three-year, $198.4 million contract modification from the U.S. Navy to carry out Littoral Combat Ship upgrade design services and frigate preliminary design services. The company said Tuesday the award is part of a $3.5 billion contract with the Navy on the production of 11 LCS …

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December 28 Morning Report: GovCon Index Gain Streak Ends in Half-Day Christmas Eve Session

The GovCon Index‘s three-day streak of consecutive gains ended Thursday with a decline of 0.171 points to 76.636 in a half-day Christmas Eve session for U.S. financial markets, which closed at 1 p.m. Eastern time. Declines in energy stocks drove U.S. stocks to slight losses and nine out of 10 S&P 500 …

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DISA Awards $4B Telecom Network IDIQ to Eight GovCon Firms

The Defense Information Systems Agency has awarded eight companies spots on a $4.3 billion contract to develop telecommunications network services for defense information system transmission requirements. The companies will perform work outside of the continental U.S. through Dec. 20, 2025, if DISA exercises all options under the indefinite-delivery/indefinite-quantity contract, the Defense …

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Air Force Picks 3 Firms for $500M Architect-Engineering Services Contract

The U.S. Air Force has selected three companies to provide architect-engineering services for environmental projects under a potential eight-year, $500 million indefinite-delivery/indefinite-quantity contract. The Defense Department said Dec. 21 the contract includes support for environmental compliance and restoration, base realignment and closures, military family housing and other programs. The chosen companies …

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Lockheed Lands $227M Navy Contracts for MH-60R Mission Avionics Production, Engineering

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) two contracts worth $227 million combined to produce mission avionics platforms and provide engineering support for Sikorsky-built MH-60R helicopters through the U.S.’ foreign military sales agreement with Saudi Arabia. One potential $117 million contract modification covers program support and recurring engineering assistance for …

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Army Issues RFP for $206M Ground Intelligence System Modernization Contract

The U.S. Army has started to accept bids on a potential $206 million contract for the Distributed Common Ground System-Army‘s second increment. The Army said Wednesday the full and open competition is part of its efforts to modernize the DCGS-A platform that works to help soldiers analyze, visualize and exchange ISR data when they conduct missions …

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