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The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801. The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again to a gain of almost...

Jeff Jancek, a 22-year U.S. Army veteran, has been named vice president at American Systems and director of the firm’s live, virtual and constructive training group. Jancek will be responsible for the group’s business opportunity identification and LVC program execution, American Systems said Monday. Pete Pflugrath, VP and general manage...

Boeing (NYSE: BA) has been awarded a potential 10-year, $855 million contract to integrate avionic systems and provide logistics support for the U.S. Air Force‘s fleet of T-38C Talon trainer jets. The Defense Department said Monday work is scheduled to occur through Jan. 3, 2026. Boeing will perform work at a company facili...

The U.S. Special Operations Command has awarded BAE Systems and Northrop Grumman (NYSE: NOC) separate contracts worth a combined $52.8 million to develop radio frequency countermeasure platforms for integration with the U.S. Air Force™s MC-130J Commando II and AC-130J Ghostrider aircraft. BAE Systems said Monday it will develop the RFCM sy...

TYSONS CORNER, VA, January 4, 2016 ” The segmented primary mirror of NASA‘s James Webb Space Telescope is halfway to completion after Harris Corp. (NYSE: HRS) finished the installation of its ninth flight mirror, ExecutiveBiz reported Wednesday. NASA said Tuesday the mirrors used are built by Ball Aerospace & Technologies, which ...

Northrop Grumman (NYSE: NOC) has received a $286 million contract modification from the U.S. Navy to produce and deliver one E-2D Advanced Hawkeye airborne early warning and control aircraft to Japan. The Defense Department said Wednesday that Northrop will also provide E-2D nonrecurring engineering assistance to the Japanese military through DoD...