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...
Boeing (NYSE: BA) has received a $308 million contract modification from the U.S. Army to manufacture 12 CH-47F helicopters for Holland through a foreign military sales contract. The Defense Department said Thursday the company will complete the production in Ridley Township, Pennsylvania, by April 15. The CH-47F Chinook helicopter in...
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...
Raytheon (NYSE: RTN) has received a potential $1.01 billion contract to help the U.S. Navy design, build, integrate and demonstrate new jammer model pods. The company will also produce Next Generation Jammer aero-mechanical test pods for use in aircraft flight verification, develop equipment for system integration laboratories and provide m...
TYSONS CORNER, VA, April 13, 2016 ” A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will work with Tyvak Nanosatellite Systems to launch a competition that will award free payload rides aboard the Atlas V rocket for university science, technology, engineering and math projects, ExecutiveBiz reported Tu...
Boeing (NYSE:BA) has received a $93.8 million U.S. Navy contract modification to provide maintenance support for F/A-18 A/B/C/D aircraft. The company will perform High Flight Hour inspections, recurring and additional inspections, modifications and liaison engineering, the Defense Department said Monday. The award exercises ...
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...
Boeing (NYSE:BA) has received a $922.6 million U.S. Army contract modification to deliver 117 AH-64E Apache combat helicopters. The Defense Department said Thursday work for the modification will occur in Mesa, Arizona, through May 31, 2018. The full obligated amount is from fiscal 2015 and 2016 “other procurement” funds, ...
The State Department has cleared a potential $386 million foreign military sale of GBU-39/B Small Diameter Bombs Increment 1 weapons and related equipment to Australia. The Defense Security Cooperation Agency said Wednesday the sale includes up to 2, 950 GBU-39/B bombs,  50 guided test vehicles equipped with inert fuze,...
