The U.S. Air Force does not want to publicly disclose the Long Range Strike Bomber contract’s value because the military service believes a disclosure may give adversaries a hint about the aircraft’s specifications, Bloomberg reported Wednesday. Randall Walden, director of the Air Force’s Rapid Capabilities Offi...
TYSONS CORNER, VA, April 18, 2016 ” Northrop Grumman (NYSE: NOC) could launch its XS-1 concept in the commercial market as an alternative to the Defense Advanced Research Projects Agency Experimental Spaceplane-1 program, ExecutiveBiz reported Friday. “If a responsive system can be built and start to fly with some flight ra...
April 11 – April 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among companies in the government services sector over the last half-decade has inevitably led market observers to ponder the prospects of merger-and-acquisition deals between the la...
Congress could review the U.S. Air Force‘s and the Defense Department‘s independent cost estimates for the Long Range Strike Bomber program after the legislative branch’s research arm found Northrop Grumman‘s (NYSE: NOC) winning bid to be “substantially below” those projections,  Bloomberg reported Thursd...
TYSONS CORNER, VA, April 14, 2016 ” Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) have joined Northrop Grumman (NYSE: NOC) as bidders on the U.S. Air Force‘s procurement program for future GPS III satellites, ExecutiveBiz reported Wednesday. Aviation Week reported Tuesday Lockheed submitted a proposal that includes a Harris-built...
The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week. While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel. Four of the five largest U.S. government contrac...
April 4 – April 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The global effort to combat the spread of mosquito-borne Zika virus in the Western Hemisphere now will include the company soon to become the largest U.S. government services contractor. Reston, Virginia-base...
TYSONS CORNER, VA, April 8, 2016 ” Northrop Grumman (NYSE: NOC) has proposed a “heritage” GPS III spacecraft and prototype navigational payload as part of its bid for the U.S. Air Force‘s follow-on program on the production of future GPS III space vehicles, ExecutiveBiz reported Thursday. The company said Wednes...
TYSONS CORNER, VA, April 4, 2016 ” Northrop Grumman (NYSE: NOC) and General Atomics will share a runway with the U.S. Air Force at the Grand Forks Air Force Base in North Dakota to test new unmanned aerial vehicles, ExecutiveBiz reported Friday. Sen. John Hoeven’s office (R-N.D.) reported Wednesday the Air Force inked ...
The GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent. The U.S. markets’ performance is based on jobs data that indicates nonfarm businesses added 215, 000 workers in March to surpass analyst expectations, according to Reuters...
