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Tag Archives: govcon

Leidos Wins Spot on $750M USSOCOM ISR Support Contract; Sam Gordy Comments

Leidos (NYSE: LDOS) has secured a prime position on a potential five-year, $750 million contract to provide intelligence, surveillance and reconnaissance support to the U.S. Special Operations Command. Leidos said Thursday it is one of the four companies that will compete for task orders under the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. Sam …

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Lockheed Gets $361M Modification on PAC-3 Price Requirements for FMS Deal

Lockheed Martin (NYSE: LMT) has received a $360.7 million contract modification from the U.S. Army for Patriot Advanced Capability-3 price requirements on a foreign military sale agreement with Saudi Arabia, South Korea and the United Arab Emirates. The Defense Department said Thursday the company will perform work in Alabama, Arkansas, California, Massachusetts …

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BAE Awarded $279M to Provide Test Range Instruments to US, Foreign Govt Clients

The U.S. Air Force has awarded BAE Systems a potential five-year, $278.5 million contract to supply radar, telemetry and optical instruments at 28 domestic and international test ranges. BAE’s technology solutions and services unit will provide serviceable test range equipment to NASA, the departments of Defense and Energy and seven U.S. …

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Boeing to Update Navy’s P-8A Trainers Under $178M Contract Modification

Boeing (NYSE: BA) will perform upgrades on the U.S. Navy‘s P-8A multimission maritime aircraft training systems, electronic classrooms and support center under a $178.1 million contract modification. The Defense Department said Thursday contract work covers updates to operational flight, weapons tactics and part task trainers and the training facilities at Navy installations …

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Sikorsky Gets $145M Saudi Arabia MH-60R Helicopter Contract Modification

Lockheed Martin (NYSE: LMT) unit Sikorsky will manufacture MH-60R Seahawk multimission helicopters for Saudi Arabia under a three-year, $145.1 million contract modification from the U.S. Army. The Defense Department said Thursday that Sikorsky will provide 10 green MH-60Rs to the Royal Saudi Navy through the U.S.’ foreign military sales program. …

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General Dynamics Lands $72M Army Logistics Contract Modification for Iraq’s Combat Vehicles

General Dynamics’ (NYSE: GD) land systems business unit has secured a potential one-year, $72.5 million contract modification from the U.S. Army to provide training and logistics support for Iraq’s Abrams M1A1 battle tanks and M88 recovery vehicles. The Army Contracting Command will obligate funds and determine work locations upon award of each …

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December 17 Market Close: GovCon Index Follows Commodity Markets Downward

The markets closed down today on the heels of weak commodity prices. Precious metals, oil and natural gas all closed down on the day. The GovCon Index market gainers for the day were CACI International (NYSE: CACI) closing at $99.15 share price, up $4.48 or 4.73%; and Orbital ATK (NYSE: …

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Renee James Joins Oracle Board of Directors; Larry Ellison Comments

Renee James, formerly president of Intel Corp. (Nasdaq: INTC), has been elected to Oracle’s (NYSE: ORCL) board of directors. James most recently led Intel’s venture into the open source software for enterprise, security and cloud applications, Oracle said Wednesday. “She will bring a unique perspective and tremendous depth of experience …

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France Requests 3rd General Atomics Reaper Drone Under FMS Deal With USAF

TYSONS CORNER, VA, December 17, 2015 — France has requested a third General Atomics-built Reaper drone that it expects to receive from the U.S. government by 2019 as part of a $1.5 billion contract awarded in 2013, ExecutiveBiz reported Wednesday. The French defense ministry said Dec. 10 the purchase order is under a …

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Deloitte’s Dan Helfrich: Govt to Engage Further on Workforce Transformation, Human Capital

TYSONS CORNER, VA, December 17, 2015 — Dan Helfrich, incoming head of Deloitte‘s federal practice, has said workforce transformation and other human capital initiatives will be key areas of interest in government. He told ExecutiveBiz in an interview published Wednesday that he believes the public sector will also put more effort on performance …

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