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Tag Archives: featured

Lockheed Awarded $150M to Test, Field F-35 Mission Data Files

Lockheed Martin (NYSE: LMT) has received a $150, 609, 953 contract modification from the U.S. Navy to develop, test and deploy mission data files of the F-35 fighter jet for Australia and the U.K. The company will carry out the task in Fort Worth, Texas through December 2018, the Defense Department said Thursday. …

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Northrop to Update Marine Helicopter Software, Hardware

Northrop Grumman Corp. (NYSE: NOC) has been awarded an $83, 738, 954 contract to develop and update mission computer software and hardware on helicopters flown by the U.S. Marine Corps. The company will perform research and development work on the system configuration sets for the AH-1Z and UH-1Y computers, the Defense …

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Bechtel to Continue Operations at Pueblo Chemical Weapons Destruction Plant

Bechtel has received a $1, 340, 391, 614 contract modification to extend the company’s design, operations and pilot testing work on the U.S. Army’s Pueblo chemical weapons destruction plant in Colorado. The company will continue to construct, operate and purchase equipment for the facility through July 19, 2019, the Defense Department said …

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April 9 Market Close: GovCon Index, US Stocks Flat on Quiet Trading Day

The GovCon Index struggled for direction Thursday as it recorded a nominal loss of 0.014 points to close at 69.263. U.S. markets were relatively quiet during Thursday’s trading day as investors wait to see more first quarter earnings reports from companies, the Wall Street Journal reported. The Dow Jones Industrial Average gained 56.22 points to …

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DRS Lands Potential $440M in Navy Submarine Electronic, Comm Tech IDIQs

DRS Technologies will build new electronic equipment and update voice communications systems on U.S. Navy vessels under two contracts worth up to $440 million combined. The Finmeccanica subsidiary said Wednesday one of those indefinite-delivery/indefinite-quantity contracts it signed with the Navy will move the company into a prime contractor role with the service …

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CAE Books $176M in Q4 Flight Simulator, Training Support Contracts; Gene Colabatistto Comments

CAE has been awarded approximately $175.6 million in contracts from U.S. and international defense customers during the fourth quarter of its 2015 fiscal year to provide flight simulation and training platforms. Those deals include the delivery of simulators for Lockheed Martin-built C–130J Super Hercules aircraft to the U.S. Air Force …

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April 8 Market Close: GovCon Index Up, Markets Flunctuate as Fed Minutes Show Split Over Rate Hike

The GovCon Index closed up Wednesday with a gain of 0.293 points to 69.277 on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes. Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest …

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Tony Encinias Joins Vion as Public Sector Strategy VP; Daniel Diltz Comments

Tony Encinias, former chief information officer of the state of Pennsylvania and a more than 20-year information technology veteran, has joined Vion Corp. as vice president of public sector strategy. He will oversee the company’s efforts to build technology platforms intended to support IT modernization programs of government and other …

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Christina Williams Named VP of Northrop C2 Operations; Sam Abbate Comments

Christina Williams, formerly director of enterprise systems operating unit within the command and control division of Northrop Grumman’s (NYSE: NOC) information systems sector, has been named operations vice president of that division. She will report to Sam Abbate, VP and general manager of the C2 business, and be responsible for the …

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DLA Picks SupplyCore, SAIC to Support Military at South-Central Region

The Defense Logistics Agency has awarded SupplyCore and Science Applications International Corp. (NYSE: SAIC) separate five-year contracts to provide maintenance, repair, operations and related services for zones one and two of the south-central region. The Defense Department said Tuesday SupplyCore’s contract is valued at $225 million, and the company will perform work in …

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