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Tag Archives: govcon

Boeing Secures $240M Contract for Saudi Air Force AWACS Tech Upgrades

Boeing (NYSE: BA) has received a potential $240.2 million contract from the U.S. Air Force to support the first phase of the Saudi Arabian air force’s airborne warning and control system modernization program. The Defense Department said Monday Boeing will modernize AWACS communications, mission computing and navigation systems as well as …

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KBR to Buy Sigma Bravo in Govt Services Expansion Push

KBR (NYSE: KBR) has agreed to purchase Australia-based information and communication technology services provider Sigma Bravo for an undisclosed sum in a move to broaden its government services offerings. Sigma Bravo will become part of KBRwyle and will retain its existing structure to facilitate business continuity, KBR said Monday. Stuart Bradie, …

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October 16th Market Close: GovConIndex Closes Down While Major Indices Set New Highs

The Executive Mosaic GovCon Index (GCI) closed down 0.195 percent to settle at 109.179 as declining shares outpaced advancing almost 3 to 1. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.18 percent to 2,557.64, while the DJIA was approaching the 23,000 mark settled at 22,956.96 …

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PAE-Parsons JV Eyes Logistics Work Under Army LOGCAP V Contract; Carey Smith Comments

TYSONS CORNER, VA, Oct. 16, 2017 — PAE has partnered with Parsons to create a joint venture in pursuit of a potential $82 billion contract for global facility and logistical services to the U.S. Army over 10 years, ExecutiveBiz reported Oct. 6. The PAE-Parsons Global Logistics Services JV plans to bid on …

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SAIC, Partners Offer Prototype for Army ‘Mobile Protected Firepower’ Vehicle Program; Jim Scanlon Comments

TYSONS CORNER, VA, Oct. 16, 2017 — Science Applications International Corp. (NYSE: SAIC) and industry partners CMI Defense and ST Kinetics will jointly develop a ground combat vehicle prototype that the team aims to offer for the U.S. Army‘s Mobile Protected Firepower program, ExecutiveBiz reported Oct. 6. ST Kinetics’ Next Generation Armored Fighting …

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Raytheon’s Joint Standoff Weapon C-1 Variant Deployed to Navy After FOC Designation

TYSONS CORNER, VA, Oct. 16, 2017 — Raytheon (NYSE: RTN) latest Joint Standoff Weapon system variant has reached full operational capability under the U.S. Navy in support of its deployment to the fleet, ExecutiveBiz reported Friday. The Navy said Wednesday the network-enabled JSOW C-1 air-to-ground weapon, which has already been fielded to all …

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General Dynamics to Form JV for Romania-Based Production of Piranha Armored Vehicles

TYSONS CORNER, VA, Oct. 16, 2017 — General Dynamics (NYSE: GD) has entered into a cooperation agreement with Romania’s government to facilitate the in-country production of armored vehicles in partnership with Uzina Mecanica Bucharest, ExecutiveBiz reported Friday. Govnet reported Tuesday the agreement and memorandum of understanding covers the creation of a …

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General Atomics Eyes Increased Cubesat Production for Defense Market

TYSONS CORNER, VA, Oct. 16, 2017 — General Atomics aims to build on its 2016 acquisition of technical services business Miltec with the increased production of cubesats and other small satellites for defense customers over the next years, ExecutiveBiz reported Friday. Space News reported Thursday the company is growing its investments in the …

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CTO Yogesh Khanna Elevates to CSRA Senior VP Role

Yogesh Khanna, chief technology officer at CSRA (NYSE: CSRA), has been promoted to a senior vice president position at the Falls Church, Virginia-based government information technology services contractor. “Through his dedication and commitment to excellence, Yogesh has pioneered new business offerings and spearheaded our cloud consulting services,” Larry Prior, CSRA …

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BWXT-Bechtel-Honeywell JV Wins $4.7B DOE Savannah River Site Liquid Waste Mgmt Contract

A joint venture of BWX Technologies’ (NYSE: BWXT) technical services group business, Honeywell International (NYSE: HON) and Bechtel National has won a potential 10-year, $4.7 billion contract from the Energy Department to deliver liquid waste services for the Savannah River Site in South Carolina. Savannah River EcoManagement LLC will run existing radioactive liquid …

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