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Tag Archives: Marine Corps

Boeing Insitu Gets $71M Navy Contract Modification for Blackjack UAS Production

Boeing‘s (NYSE: BA) Insitu subsidiary has been awarded a $70.8 million contract modification to build and deliver six RQ-21A Blackjack unmanned aircraft systems to the U.S. Navy and Marine Corps. The modification exercises an option on a previously awarded firm-fixed-price contract and covers lot 1 full-rate production work as well as systems engineering …

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Report: James Mattis Agrees to Cut Ties With General Dynamics If Confirmed as Defense Secretary

Defense Secretary nominee James Mattis has agreed to resign from his board position at General Dynamics (NYSE: GD) and divest all of his business holdings with the company if the Senate confirms him as the next leader of the Defense Department, Politico reported Saturday. Jeremy Herb and Connor O’Brien write Mattis, who received formal nomination last …

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Oshkosh Gets $176M Modification on Army JLTV Production Contract

Oshkosh (NYSE: OSK) has received a one-year, $176.1 million contract modification to build 409 Joint Light Tactical Vehicles for the U.S. Army. The Defense Department said Thursday Oshkosh’s defense business segment will perform work in Oshkosh, Wisconsin through Dec. 31, 2017. The Army Contracting Command obligated the full amount of the modification at the time of …

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Trump Asks Boeing for Super Hornet Competing Price Following Comments on F-35 Cost

President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday. Anthony Capaccio and Alex Wayne write Trump made the announcement in a Twitter post Thursday a day after he …

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Carestream Health Wins $571M DLA Radiology Tech Supply, Training IDIQ

Carestream Health has won a potential 10-year, $570.9 million contract from the Defense Logistics Agency for radiology systems, accessories and related training services. DLA Troop Support received 27 bids for the indefinite-delivery/indefinite-quantity contract, which contains five base years and one five-year option period,  the Defense Department said Friday. The company will supply the radiology equipment to the U.S. Air Force, U.S. …

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Navy Awards Lockheed $181M F-35 Logistics, Sustainment Contract Modification

The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics business a $181.2 million contract modification to perform recurring logistics and sustainment work on F-35 fighter jets for U.S. and foreign military customers. The modification covers ground maintenance, action request resolution, depot activation, operations and maintenance, reliability, maintainability and health management implementation and …

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Navy Taps Jacobs Subsidiary for $75M NAVFAC Design, Engineering Services Contract

A subsidiary of Jacobs Engineering Group (NYSE: JEC) has been awarded a five-year, $75 million contract to provide engineering and design support for industrial research efforts at administrative facilities within the Naval Facilities Engineering Command’s Washington area of responsibility. The Defense Department said Tuesday that Jacobs’ government services business may also perform work …

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Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for …

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SAIC 3Q Earnings Top Street’s Consensus, Sets Post-Spin Book-To-Bill Record

GovCon Index-listed Science Applications International Corp. (NYSE: SAIC) reported third quarter earnings above the consensus Wall Street analyst forecast Thursday as the government contractor also set a record book-to-bill ratio since its September 2013 spinoff from former parent Leidos Holdings (NYSE: LDOS). SAIC reported $0.91 earnings per share for the …

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UTC Subsidiary to Provide F-35 Propulsion System Services Under $310M Navy Contract

A United Technologies Corp. (NYSE: UTX) subsidiary has secured a $309.8 million contract from the U.S. Navy to provide propulsion system services in support of the F-35 Joint Strike Fighter program. The Defense Department said Wednesday that Pratt & Whitney will supply hardware, training course materials and equipment for the F-35 aircraft of the Navy, Air Force, Marine Corps, …

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