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Tag Archives: govcon

5 Firms to Explore Solar Electric Propulsion Under NASA Research Program

TYSONS CORNER, VA, Nov. 6, 2017 — Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA), Sierra Nevada Corp. and Space Systems Loral will perform research on power and propulsion technologies for deep space missions under a $2.4 million NASA program, ExecutiveBiz reported Friday. The space agency said …

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BAE Systems to Update Australian Navy’s Missile Decoys, Install Launch Systems

TYSONS CORNER, VA, Nov. 6, 2017 — BAE Systems‘ Australian business will work to update the Nulka active missile decoy and install associated launch systems onboard the country’s Anzac frigates under an estimated $153.4 million contract, ExecutiveBiz reported Friday. The company said Friday it will work with the local supply chain on …

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SAIC to Support Army Battlefield Systems Under $980M Task Order; Jim Scanlon Comments

Science Applications International Corp. (NYSE: SAIC) has received a potential three-year, $980 million task order from the General Services Administration to help the U.S. Army engineer, integrate and field technology platforms designed for battlefield missions. The company said Monday it will provide systems and computer resource engineering services to the Army’s Software Engineering Directorate; Aviation …

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L2 Defense Buys ATEC to Grow Emergency Mgmt Simulation, Training Portfolio

L2 Defense has purchased Advanced Technical and Educational Consultants for an undisclosed sum in a move to expand emergency management simulation and training offerings for clients in the defense, first responder and national security markets. L2 Defense President Sam Lennon said in a statement published Thursday the transaction will combine …

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Teradata Names Mark Culhane as CFO, Eric Tom as Chief Revenue Officer

Mark Culhane, a member of the board of directors at CallidusCloud and UserZoom, has been named chief financial officer and principal accounting officer at Teradata (NYSE: TDC) in a move that takes effect Nov. 10. He will also serve as an executive vice president and succeed Stephen Scheppmann, who will …

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Raytheon to Supply Tomahawk Block IV Missiles, Spares Under $260M Navy Contract

Raytheon (NYSE: RTN) will deliver 196 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy as part of a potential $260.3 million contract modification. The Defense Department said Friday the modification also covers a foreign military sale of Tomahawk Block IV spare parts and support equipment to the U.K. …

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USAF Taps L3 for Aircraft Fabrication, Mission Tech Devt FMS Contracts Worth $281M

L3 Technologies (NYSE: LLL) has secured two contracts worth up to $281 million combined from the U.S. Air Force to fabricate aircraft and develop a mission system for  unnamed foreign military sales customers. The company will provide aircraft engineering, fabrication and procurement services under a potential $210 million contract that …

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GE Awarded $84M Army Helicopter Engine Upgrade Contract

General Electric (NYSE: GE) has been awarded an $84.1 million contract for overhaul and modernization of engines for two kinds of U.S. Army helicopter platform. The company will update T700 series engines for the service branch’s Black Hawk attack helicopters and Apache utility helicopters under the contract, the Defense Department said Friday. The Army …

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November 6th Morning Report: GovCon Index Closed Friday Down; Up For The Week

The Executive Mosaic GovCon Index (GCI) closed down for the day Friday, however posted a weekly gain of 0.322 percent to 108.099. The three major indices all closed Friday in the positive. For the week the S&P500 closed up 0.388 percent to 2,587.84, while the DJIA closed the week at 23,539.19 a positive 0.57 percent …

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November 3rd Market Close: GovConIndex Closes Down While Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) closed down 0.393 percent to 108.099. Advancing and declining shares were split evenly. The three major indices all closed in the positive. The S&P500 closed up 0.31 percent to 2,587.84, while the DJIA closed at 23,539.19 a positive 0.10 percent and the NASDAQ Composite advanced 0.74 percent …

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