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June 1 Market Close: GovCon Index,  US Stocks Inch Upward on Economic ReportsFinancial Report

June 1 Market Close: GovCon Index, US Stocks Inch Upward on Economic Reports

The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested
May 31 Market Close: GCI Declines,  Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing SharesFinancial Report

May 31 Market Close: GCI Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares

The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other
Proposed $260M F-16 Logistics Foreign Military Sale to Oman Gets State Dept ClearanceContract Awards

Proposed $260M F-16 Logistics Foreign Military Sale to Oman Gets State Dept Clearance

The State Department has approved a $260 million foreign military sale of logistics support services,  support and communications equipment, personnel training
Sevatec Appoints Anantha Bangalore CTOExecutive Moves

Sevatec Appoints Anantha Bangalore CTO

Sevatec has named Anantha Bangalore, former chief technical officer at Blackstone Technology Group, as chief technology officer to oversee the development of
Army Picks Lockheed Rocket Pods for $332M FMS to Israel,  Finland,  Jordan,  SingaporeContract Awards

Army Picks Lockheed Rocket Pods for $332M FMS to Israel, Finland, Jordan, Singapore

Lockheed Martin (NYSE: LMT) will provide the U.S. Army various rocket pods for Israel, Finland, Jordan and Singapore under a $331.8 million foreign
Lockheed Secures $322M Contract to Support Navy Anti-Ship Missile Integration,  TestingContract Awards

Lockheed Secures $322M Contract to Support Navy Anti-Ship Missile Integration, Testing

Lockheed Martin (NYSE: LMT) has received a $321.8 million contract from the U.S. Navy to support the integration and test phase of
Lockheed,  Raytheon Get $650M in Contract Modifications to Extend AF Laser-Guided Bombs ProductionContract Awards

Lockheed, Raytheon Get $650M in Contract Modifications to Extend AF Laser-Guided Bombs Production

Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) have been awarded contract modifications worth a combined $649.7 million to continue to build Paveway II laser-guided bombs
Leidos to Merge With Lockheed IT,  Gov’t Services Segments in $5B Tax-Free DealM&A Activity

Leidos to Merge With Lockheed IT, Gov’t Services Segments in $5B Tax-Free Deal

Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses
Reuters: CACI the Lead Candidate for Potential $4B Bid on Lockheed’s Govt IT BusinessM&A Activity

Reuters: CACI the Lead Candidate for Potential $4B Bid on Lockheed’s Govt IT Business

CACI International (NYSE: CACI), Leidos (NYSE: LDOS) and Engility (NYSE: EGL) have been named as interested bidders for the government
Bruce Tanner: Lockheed to Extend IT-Govt Services Business Review,  Eyes Decision by March 2016M&A Activity

Bruce Tanner: Lockheed to Extend IT-Govt Services Business Review, Eyes Decision by March 2016

Lockheed Martin (NYSE: LMT) will delay a final decision on a spinoff or sale of a bulk of its information technology and government