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Tag Archives: Germany

October 7 End of Day Report: GovconIndex Down on Global Concerns

The GovConIndex fell to 63.713 — down 0.821, or 1.306 percent. The U.S. stock market responded negatively to concerns over an ailing global economy and weak data from Germany. German industrial output slid 4 percent in August, the biggest fall in five-and-a-half years. The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest …

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Germany, US Ink $250M Foreign Sales Deal for Orion Computer Equipment

The U.S. State Department has approved a proposed $250 million foreign military sales agreement with Germany, where the U.S. would provide hardware and software for eight Lockheed Martin-built (NYSE: LMT) P-3C aircraft owned by Germany. Lockheed and General Dynamics (NYSE: GD) are the prime contractors for the sales deal, through …

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Raytheon Wins $155M to Build Self-Defense Missiles; Taylor Lawrence Comments

Raytheon (NYSE: RTN) has won a $155.6 million contract to produce missiles for defending against anti-ship cruise missiles and adversarial helicopters. The company will manufacture the Block 2 Rolling Airframe Missiles under a cooperative program between the U.S. and German governments, Raytheon said Monday. RAMSYS of Germany will jointly produce …

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CAE Wins $90M in Training Support, Flight Equipment Work; Gene Colabatistto Comments

CAE has won approximately $87.7 million in contracts to provide training support services, update flight trainers and help maintain military flight simulation equipment for military customers. The modeling and simulation company won the contracts during the first two months of the fourth quarter for its 2013 fiscal year, the company …

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Report: France, Germany Talking New EADS Structure

Officials from France and Germany met with EADS and Daimler representatives in Paris over the weekend to discuss a new shareholder structure for EADS, according to Reuters. Citing German newspaper Allgemeine Zeitung, Reuters reports the discussions focused on setting a limit on state shareholdings in the aerospace and defense giant …

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BAE-EADS CEOs to Review Merger Talk Progress as Wednesday Deadline Approaches

Ian King and Tom Enders, the respective CEOs of BAE Systems and EADS, are meeting Tuesday to review progress on a potential merger before making a decision on how to proceed, Bloomberg reports. Citing two sources familiar with the talks, Bloomberg reports the French and U.K. governments have agreed to …

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Report: EADS CEO Tom Enders Tells Employees BAE Merger Talks ‘Constructive’

Discussions with governments on a potential merger between BAE Systems and EADS have been constructive, EADS’ CEO has reportedly told employees. Bloomberg obtained a letter to EADS employees from CEO Tom Enders, where he said he was pleased with the progress of talks so far as the companies attempt to …

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KBR Will Pocket up to $245M to Provide Army Support in Balkans, Europe

KBR (NYSE: KBR) will receive up to $245 million over five years to provide base operations and support services in up to 51 countires for the U.S. Army. The company will initially provide services in Kosovo and Romania, including facility maintenance and utility, troop, operational and construction services. KBR currently provides services in …

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L-3 Wins $23M AF Contract for Satellite Comm. Terminals

The U.S. Air Force has awarded L-3 Communications (NYSE: LLL) a 23, 782, 872 firm-fixed-price, cost-reimbursable contract for eight fixed installation satellite communications terminals. The terminals will be installed at Europe relay site 2 in Germany. Work will be performed at Salt Lake City, Utah, and Ramstein Air Force Base, …

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Serco Wins $52M to Support Military Personnel Transitioning to New Careers

Serco Inc. has won a potential $52.2 million recompete contract to support the U.S. Army Installation Management Command’s Army career and alumni program. The company will provide transition and employment assistance to soldiers, Army civilians and family members transitioning out of the military. The one-year base and two option-year contract was competitively awarded under the HRsolutions …

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