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Tag Archives: govcon

US Air Force Awards $100M Construction IDIQ to Four Firms

The U.S. Air Force has picked four companies to perform construction services at its Dyess Air Force Base, Texas-based real property under a $100 million contract. FARR Builders, Tejas Premier Building Contractor, All Phase Solutions and Journey Construction will provide maintenance and repair support to the facility through Sept. 10, …

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NY Post: Blackstone Eyes New NCR Corp. Bid

A consortium that includes Blackstone Group is considering a bid to acquire self-service technology developer NCR Corp. (NYSE: NCR), the New York Post reported Friday. Josh Kosmon writes Duluth, Georgia-based NCR reopened an auction sale nearly two months after the company did not close a deal with several potential acquirers. …

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September 11 Market Close: GovCon Index, US Stocks Up as Fed Anticipation Grows

The GovCon Index held onto gains incurred in the early afternoon part of Friday’s trading session to close at a gain of 0.434 points to 72.702. Friday was a light-volume day for U.S. markets as all three major indices recorded modest gains and investors continued to anticipate the Federal Reserve‘s meeting Wednesday and Thursday, …

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Weekly Roundup Sept 7 – Sept 11 2015: PSC’s Impending Leadership Transition & more

Weekly Roundup Sept 7 – Sept 11 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An association that represents the government services sector has previewed an impending leadership transition in the same year that the defense industry’s main trade group also announced its own change …

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Boeing ABS-3A Small Platform Satellite Enters Service

TYSONS CORNER, VA September 11, 2015 — Boeing (NYSE: BA) has fired up operations of an all-electric propulsion satellite it built for customer ABS, one month ahead of schedule, ExecutiveBiz reported Thursday. The defense contractor said it handed over the ABS-3A, a 702SP satellite two weeks prior, which Bermuda-headquartered ABS will use …

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Inmarsat, Securiport Team for Border Security, Control Service

TYSONS CORNER, VA September 11, 2015 — Inmarsat and aviation systems company Securiport have teamed up to deliver a new security service that aims to help governments manage border control and security, ExecutiveBiz reported Thursday. Inmarsat said the collaboration combines Securiport IICS/IIMS technology with Inmarsat’s satellite constellation to provide real-time analytics …

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8 Win DHS Mobile Security R&D Project

TYSONS CORNER, VA September 11, 2015 — ExecutiveBiz reported Thursday on the Department of Homeland Security awarding research contracts worth $10.4 million in total to help improve mobile devices in the federal workplace. HRL Laboratories, Kryptowire, Northrop Grumman (NYSE: NOC) and the United Technologies Research Center will work on the R&D project …

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In-Q-Tel Invests in Celect Choice Modeling Platform

TYSONS CORNER, VA September 11, 2015 — In-Q-Tel has partnered with predictive analytics company Celect to develop machine learning technology for use by the U.S. intelligence community, ExecutiveBiz reported Thursday. Celect said its Choice Engine platform uses algorithms that look into consumer buying patterns to form actionable, insightful data sets for …

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WSJ: Boeing Execs Want Company to Keep ULA JV Ownership Stake

According to a Wall Street Journal report published Thursday, executives at Boeing (NYSE: BA) want the company to retain its ownership stake in the United Launch Alliance joint venture co-owned with Lockheed Martin (NYSE: LMT). Doug Cameron and Andy Pasztor write Lockheed’s executives want to negotiate a sale of ULA to to the parent company of Aerojet Rocketdyne, which has …

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Paul Lemmo: Lockheed’s New EOTS for F-35 Targets Recognition, Detection Range

TYSONS CORNER, VA September 11, 2015 — Lockheed Martin (NYSE: LMT) has unveiled an advanced electro-optical targeting system, or EOTS, designed for Block 4 configuration of the F-35 Lightning II, ExecutiveBiz reported Thursday. Paul Lemmo, vice president of Fire Control/SOF CLSS at Lockheed Martin Missiles and Fire Control, said the updates …

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