TYSONS CORNER, VA, Nov. 28, 2017 ” BAE Systems and the U.K. government are planning to transfer $1.1 billion in intellectual property from the Type 26 Global Combat Ship program to support Australia’s SEA 5000 effort if the company secures the tender for the future frigates, ExecutiveBiz reported Monday. The company sa...
The U.S. Army has issued a request for proposals for a combat vehicle program designed to address the capability gap in the service™s infantry brigade combat teams and operate alongside ground mobility and light reconnaissance vehicles within the IBCT structure. A FedBizOpps notice published Nov. 21 says the Mobile Protected Firepower program s...
TYSONS CORNER, VA, Nov. 22, 2017 ” BAE Systems has renamed its U.S. office in Saudi Arabia from “Land Services Arabia” to “BAE Systems Saudi America” with the aim to bolster industrial partnerships in the region, ExecutiveBiz reported Tuesday. Arab News reported Tuesday services and technologies available via the Sa...
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 years and five...
GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) ended the...
TYSONS CORNER, VA, Nov. 17, 2017 ” BAE Systems has entered into an agreement to continue its partnership with the Advanced Military Maintenance Repair and Overhaul Center in the United Arab Emirates to provide support for that country’s Hawk trainer aircraft fleet, ExecutiveBiz reported Thursday. The teaming arrangement wit...
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 un...
A business unit of BAE Systems has secured a potential $183.8 million contract from the U.S. Navy to execute fiscal 2018 modernization work on a Whidbey Island-class dock landing ship. The Defense Department said Tuesday BAE’s Norfolk Ship Repair business will help the service branch maintain, update and repair USS Tortuga systems as...
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 Air F...
In reviewing last weeks market performance the Executive Mosaic GovCon Index (GCI) ended the week down 0.74 percent from Mondays opening price settling at 107.303. Twenty stocks declined for the week versus ten that advanced. The three major indices all closed mixed on Friday; the S&P500 closed down 0.09 percent to 2,582.30 while ...
