The Defense Department’s inspector general has said the U.S. Air Force developed a “comprehensive” risk management process and procurement strategy to support its $80 billion B-21 bomber aircraft program, Bloomberg reported Monday. DoD IG said in the redacted version of its audit report that the bomber program has “clearly defined” warfighter requirements …
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The General Services Administration has awarded 61 companies positions on a potential 10-year, $50 billion governmentwide acquisition contract for information technology products and services. GSA said in a FedBizOpps notice posted Friday the award is for the unrestricted portion of the Alliant 2 GWAC that has a base term of five …
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The State Department has given Poland the green light to buy the third configuration of the Patriot missile system equipped with the Integrated Air and Missile Defense Battle Command System and related equipment from the U.S. government under a potential $10.5 billion foreign military sales agreement. Raytheon (NYSE: RTN), Lockheed Martin (NYSE: …
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Northrop Grumman (NYSE: NOC) has received a one-year, $349.6 million contract renewal from the U.S. Air Force to continue to provide integrated logistics support services for the military branch’s E-8C Joint Surveillance Target Attack Radar System fleet. The company said Friday it will help the 116th and 461st air control …
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Weekly Roundup November 13 – November 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon community has experienced significant M&A and restructuring activity. Notable transactions include: H.I.G.’s purchase of WBB for an undisclosed sum General Atomics’ purchase of a majority …
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The U.S. Army has awarded seven companies spots on a potential five-year, $150 million contract to support the service branch’s mission training complex systems. Eighteen bids were submitted to the Army Contracting Command for the hybrid contract via an online solicitation and work is scheduled to occur through Nov. 14, …
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TYSONS CORNER, VA, Nov. 14, 2017 — Northrop Grumman (NYSE: NOC) has rolled out and shipped the first operational unit of its MQ-4C Triton unmanned aircraft system to the U.S. Navy in Point Mogu, California, ExecutiveBiz reported Monday. The company said Friday the UAS will support Navy maritime intelligence, surveillance and reconnaissance operations, with …
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TYSONS CORNER, VA, Nov. 13, 2017 — BAE Systems and Northrop Grumman (NYSE: NOC) held a joint event early this month to mark their partnership in efforts to build the U.S. Air Force‘s B-21 Raider bomber aircraft, ExecutiveBiz reported Friday. Union Leader reported Wednesday Maj. Gen. Thomas Bussiere, commander of the Eighth …
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Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign …
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The Executive Mosaic GovCon Index (GCI) closed up 0.692 percent to 108.524. ManTech released a strong Q3 2017 earnings report which propelled them to the top of the GCI posting an 11 percent increase to 50.98. Advancing shares on the GCI outpaced declining 2 to 1. The three major indices closed mixed for the day. …
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