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Tag Archives: govcon

State Dept OKs Potential $5.23B Boeing Super Hornet Aircraft Sale to Canada

The State Department has approved Canada’s request to buy Boeing-built (NYSE: BA) F/A-18 Super Hornet aircraft and related equipment and services from the U.S. government under a potential $5.23 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric (NYSE: GE) will serve as principal contractors …

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L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3 president and …

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Report: CSRA Lands $2.4B NSA Enterprise IT Support Recompete

CSRA (NYSE: CSRA) has secured a potential 10-year, $2.4 billion follow-on contract from the National Security Agency for enterprise information technology services, Nextgov reported Tuesday. The company said in a Sept. 5 filing with the Securities & Exchange Commission it won the recompete contract from a Defense Department agency through …

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Huntington Ingalls to Continue Navy Ship Planning Yard Support Under $151M Contract Modification

A Huntington Ingalls Industries (NYSE: HII) subsidiary has received a $150.8 million contract modification to continue planning yard services for the U.S. Navy‘s Ticonderoga-class guided missile cruisers and Spruance-class destroyers. HII’s Ingalls Shipbuilding business will provide modernization program planning; ship change planning development and installation; program management; type commander support; mobile assist teams; rotatable …

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September 12th Market Close: GovConIndex Up, Major Indices Reach New Highs

The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 102.351, reaching a second new 30 day high. Advancing outpaced declining shares 2 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. All three major indices reached new highs. The S&P500 closed up 0.34 percent to …

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Unisys’ PV Puvvada: Resources Could be Key to Address Security Challenges Amid Fed IT Modernization

TYSONS CORNER, VA, Sept. 12, 2017 — A Unisys (NYSE: UIS) survey has unveiled that more than half of federal information technology executives believe that an increase in security challenges at their agencies could be attributed to their IT modernization efforts, ExecutiveBiz reported Thursday. The company said Wednesday the Market Connections-administered …

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Cubic Mission Solutions Exhibits Satcom, Networking Tech at DSEI 2017; Mike Twyman Comments

TYSONS CORNER, VA, Sept. 12, 2017 — A Cubic (NYSE: CUB) business unit is set to showcase satellite communications and networking technology at the 2017 Defense and Security Equipment International event this week in London, GovCon Executive reported Friday. The company said Thursday its mission solutions unit will feature deployable and tactical networking …

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Engility to Develop Modeling Tools to Support Air Force Munitions Test

TYSONS CORNER, VA, Sept. 12, 2017 — Engility (NYSE: EGL) will provide multispectral and multimodal phenomenology modeling tools in support of research and development activities for a U.S. Air Force weapon systems testing program under a $49 million contract, ExecutiveBiz reported Monday. The Defense Department said Friday the contract covers support for the Kinetic Kill …

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Vencore-Kratos Unit JV to Help Develop Vehicle-Based Laser Demonstrator Design for Army

TYSONS CORNER, VA, Sept. 12, 2017 — A joint venture between Vencore and a Kratos Defense and Security Solutions (Nasdaq: KTOS) subsidiary will design a vehicle-based laser system demonstrator for the U.S. Army Space and Missile Defense Command under a four-phase task order, ExecutiveBiz reported Monday. Kratos said Friday the Vencore-Digital …

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Symantec Studies Cyber Espionage Group Targeting Energy Systems in Europe, NA

TYSONS CORNER, VA, Sept. 12, 2017 — Symantec (Nasdaq: SYMC) has unveiled its findings on the recent activities of a cyber espionage group called “Dragonfly” that has targeted the energy sector in Europe and North America, ExecutiveBiz reported Monday. The company said Wednesday Dragonfly appears to have re-emerged in late 2015 and …

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