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Tag Archives: govcon

HII Secures Navy Contract Options to Support Ford, Nimitz Carriers

TYSONS CORNER, VA, Sept. 22, 2017 — Huntington Ingalls Industries (NYSE: HII) will provide technical, engineering, operational, development, modernization and other services in support of the U.S. Navy‘s Gerald R. Ford-class and Nimitz-class aircraft carriers as part of contract options worth $27.5 million, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the options also …

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Northrop Gets Potential $125M Contract to Produce Radar Equipment for US, Foreign Military Clients

Northrop Grumman (NYSE: NOC) has received a potential $124.7 million contract from the U.S. Navy to assemble, fabricate and test equipment for the AN/APR-39 Radar Warning Receiver program. The Defense Department said Thursday the company will provide engineering, management and logistics support for the development of 127 D(V)2 processors, 462 D(V)2 antenna detectors, …

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L3 Wescam Books $300M in EO/IR Tech, Support Orders

L3 Technologies‘ Wescam business unit has received $300 million in total year-to-date orders to deliver electro-optical/infrared products and in-service support to military and law enforcement customers. The company said Thursday the collective contracts for Wescam’s MX-Series EO/IR platforms reflect an increased demand for imaging products used on unmanned aircraft systems. Jeff Miller, president of L3’s …

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Rolls-Royce to Manufacture V-22 Aircraft Engines for Marine Corps, Japan Under $115M Contract

Rolls-Royce has received a potential $115.1 million contract to produce a total of 56  engines for V-22 Osprey tiltrotor aircraft of the U.S. Marine Corps and Japan. The company will manufacture 36 AE1107C production engines for USMC and another 20 production and spare engines for the government of Japan, the Defense Department said Thursday. Work …

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General Dynamics Lands $5B Contract to Complete Navy Columbia-Class Submarine Design

General Dynamics (NYSE: GD) Electric Boat subsidiary has received a potential $5 billion contract to complete design work on the lead Columbia-class ballistic missile submarine for the U.S. Navy. The Integrated Product and Process Development contract includes funds for the development of submarine components and technologies as well as manufacturing of a missile …

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Leonardo DRS Lands $90M Navy Contract Modification for Submarine Tech Insertion Hardware Devt

Leonardo DRS has been awarded a five-year, $90.2 million contract modification to develop, integrate and produce submarine technology insertion hardware for the U.S. Navy as well as the governments of Australia and the U.K. The Defense Department said Thursday TIH will consist of display, processor and network equipment designed to support for combat control and sonar …

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September 21st Market Close: GovConIndex Closes Up as Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 …

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IDC Report Names Companies With Top IT Revenue From Gov’t Sales in 2017

TYSONS CORNER, VA, Sept. 21, 2017 — Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Leidos (NYSE: LDOS) have the three highest revenue from information technology sales to the federal government in 2017 among companies that earn more than one third of their revenue from government clients, ExecutiveBiz reported …

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Mitre to Help Japanese ICT Institute Prepare Cyber-Physical Security for 2020 Olympics

TYSONS CORNER, VA, Sept. 21, 2017 — Mitre will collaborate with Japan’s National Institute of Information and Communications Technology to build on cyber and physical security measures in preparation for the 2020 Summer Olympics in Tokyo, ExecutiveBiz reported Wednesday. The company said Monday the memorandum of understanding signed by Mitre CEO Jason Providakes and …

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Orbital ATK Invests in Expansion, Training for Production Facility in Ohio

TYSONS CORNER, VA, Sept. 21, 2017 — Orbital ATK (NYSE: OA) will invest $5 million as part of a plan to expand its aerospace and defense composite production facility in Beavercreek, Ohio, by approximately 40,000 square feet to accommodate work that will transition from Clearfield, Utah, ExecutiveBiz reported Wednesday. The company …

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