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Tag Archives: govcon

NASA Taps HX5 Sierra for $363M Testing Facilities Support Contract

HX5 Sierra has been awarded a potential 10-year, $363 million contract to help run, engineer and maintain testing facilities at NASA‘s Glenn Research Center and Plum Brook Station in Ohio. The cost-plus-fixed-fee contract is effective June 1 and carries an initial value of $47.5 million, NASA said Friday. A phase-in period …

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Lockheed to Provide Sniper Targeting Pods in USAF Foreign Military Sale

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will provide its Sniper Advanced Targeting Pods under a $485 million indefinite-delivery/indefinite-quantity foreign military sales contract through the U.S. Air Force. The Defense Department said Friday the contract includes initial spare pods, two-way data links and 1K forward-looking infrared systems. The company will perform work at its …

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Lockheed to Produce F-16 Targeting Pods for Jordan

A Lockheed Martin (NYSE: LMT) subsidiary has been awarded an $8.9 million contract to manufacture and deliver targeting pods for the fighter planes of the Royal Jordanian Air Force. The Defense Department said Friday that Lockheed Martin Missiles and Fire Control will provide 10 Sniper targeting systems as well as multiband …

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March 27 Market Close: GovCon Index Extends Gains, Dollar Concern Continues

The GovCon Index climbed for a second consecutive day with a gain of 0.541 points to 69.008. The Wall Street Journal called Friday a “quiet day” and cited next week’s jobs report and the start of earnings season as trends to watch. Investors continue to worry over how a strengthening U.S. …

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Boeing Launches Ninth GPS IIF Into Space; Dan Hart Comments

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on the midweek launch of Boeing’s (NYSE: BA) ninth GPS IIF satellite into space aboard a Delta IV rocket from Cape Canaveral, Florida. Orbital ATK (NYSE: OA) said it provided the solar arrays, GEM-60 solid rocket motors, large composite structures …

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Lockheed Buys, Plans Upgrades for High-Speed Wind Tunnel; Mike McWithey Comments

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on High-Speed Wind Tunnel longtime lessee Lockheed Martin’s (NYSE: LMT) acquisition of the facility in Grand Prairie, Texas, from Triumph Aerostructures. The investment allows the defense contractor to update the decades-old research, development and testing ground for subsonic, transonic …

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Michelle Lohmeier: Raytheon, Mesko Step Forward with Renewed Tech Partnership Agreement

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on a partnership agreement between Raytheon (NYSE: RTN) and Polish ammunition manufacturer Mesko that allows them to continue their joint work on new areas of defense technologies. The two companies signed a letter of intent to seal the agreement, renewing …

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Stan Ratcliffe: NCR to Provide Operations Mgmt Software for Military Commissaries

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on NCR Government Systems’ contract award to provide the Defense Department with operations management software for its military commissaries worldwide. Stan Ratcliffe, president of NCR Government Systems, said Wednesday that the work is part of the Defense Commissary …

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RBC Bearings to Purchase Dover’s Sargent A&D Business; Michael Hartnett Comments

RBC Bearings has agreed to acquire Dover Corp.‘s (NYSE: DOV) Sargent Aerospace & Defense subsidiary for $500 million. Michael Hartnett, RBC Bearings chairman, president and CEO, said Thursday the acquisition is intended to complement the company’s manufacturing and design processes. Oxford, Connecticut-based RBC Bearings manufactures plain, roller and ball bearings …

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Ken Asbury: CACI Renews RPTI Support Work for CERDEC

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on CACI International’s (NYSE: CACI) continuing work to provide rapid prototyping and technology insertion support for the U.S. Army’s Communications-Electronics Research, Development and Engineering Center. The five-year task order falls under a 2012 indefinite-delivery/indefinite-quantity contract for RPTI activity, …

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