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Tag Archives: govcon

August 18th Market Close: GovCon Index and Major Indices All Close Down

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.508 percent to settle at 98.841. Declining shares outpaced advancers 5 to 1. The major indices closed down today with the S&P500 declining by 0.18 percent to 2,425.55, while DJIA dropped by 0.35 percent to 21,674.51, and the NASDAQ Composite fell by 0.09 percent …

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Granite-Obayashi JV Lands $165M Contract to Help Build Marine Base in Guam

A joint venture of Granite Construction and Obayashi has received a potential $164.9 million contract from the Naval Facilities Engineering Command to provide design-build services for the future Marine Corps Base in Guam, Stars and Stripes reported Friday. The Granite-Obayashi JV will help the service branch prepare a potential 400-acre site for the …

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Thales Awarded Potential $4B Canadian Ship In-Service Support Contract

Thales Group has secured a potential 35-year, $4.13 billion contract to provide in-service support to the Canadian navy’s fleet of Arctic offshore patrol and joint support ships. The contract has an eight-year base period valued at $633 million and work will include refit, repair, maintenance and training services, Thales said Thursday. The …

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Air Force Adds Lockheed to $499M Aerospace Platform R&D Contract

Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, through 2025. Northrop …

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Report: India OKs $655M Boeing Apache Helicopter Buy

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two years after the country’s cabinet gave …

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Raytheon to Supply AF Griffin Missiles Under $105M IDIQ Award

Raytheon (NYSE: RTN) has received a potential $104.9 million to produce, test and engineer Griffin missile systems for the U.S. Air Force. The Defense Department said Thursday Raytheon’s missile systems unit will supply all variants of the Griffin standoff precision guided munition technology under the indefinite-delivery/indefinite-quantity contract. Griffin functions as a ground- or an air-launched weapon …

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Timothy Lamb: Chenega Keeps Eye on Evolving Security Services Sector

TYSONS CORNER, VA, Aug. 17, 2017 — Timothy Lamb, president of Chenega‘s security strategic business unit, has said the company works to understand the evolving security services environment as it goes beyond traditional external threats due to technological and cultural changes. “Our subject matter experts must think in terms of today …

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Leidos’ Roger Krone Relays Concern Over Impact of Senior-Level Vacancies at DoD

TYSONS CORNER, VA, Aug. 17, 2017 — Roger Krone, CEO of Leidos (NYSE: LDOS) and an inductee into Executive Mosaic’s Wash100 for 2017, has said at an earnings call that he sees potential delays in contract awards and programs due to the Trump administration’s current pace of hiring for top …

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August 17th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 1.443  percent to settle at 99.287. Declining shares outpaced advancers 28 to 2. The major indices closed down today with the S&P500 falling 1.54 percent to 2,430.01, while DJIA dropped by 1.24 percent to 21,750.73, and the NASDAQ Composite decreased by 1.94 percent to …

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Hortonworks, DLT Team Up to Drive Open Source Analytics at Agencies; Shaun Bierweiler Comments

TYSONS CORNER, VA, Aug. 17, 2017 — Hortonworks (Nasdaq: HDP) has entered into a partnership with DLT Solutions to help increase public sector adoption of open source analytics technologies in efforts to generate insight from data, ExecutiveBiz reported Aug. 10. DLT said Aug. 9 the collaboration is centered on the DLT AnalyticsStack …

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