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TYSONS CORNER, VA, Oct. 27, 2016 ” A study conducted by Deloitte has found that the total cost overrun of major defense acquisition programs reached $468 billion in 2015 with a 48.3-percent growth from 2008’s $295 billion, ExecutiveBiz reported Tuesday. Deloitte said Monday the report found that there is a trend of cost growth and...

TYSONS CORNER, VA, Oct. 27, 2016 ” Microsoft (Nasdaq: MSFT) offers a new tool that will work to help users of the Azure Government cloud service to achieve Authority to Operate at the Defense Department under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Wednesday. The company said in a blog post published Mo...

ReadyOne Industries has won a potential $74.9 million contract to manufacture protective coveralls and ensembles and expedient repair kits for the U.S. Air Force. The company is scheduled to complete production work under the contract with the Defense Logistics Agency by April 30, 2019, the Defense Department said Wednesday. DLA ...

CSRA (NYSE: CSRA) has received a potential $166.9 million task order to manage the enterprise service operations center of the Defense Intelligence Agency. The company said Wednesday it will also integrate and standardize remote and in-field customer support processes at ESOC. The center is comprised of self-h...

Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...

Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index̵...

The Army Contracting Command has issued a request for proposals on a potential 10-year, $6.09 billion contract vehicle for personnel life cycle support services to the U.S. Army, the Defense Department and other federal agencies. The multiple-award, indefinite-delivery/indefinite-quantity contract will have a one five-year base period of perfor...

General Atomics has been awarded a one-year, $310 million contract to provide logistics support services for the U.S. Army‘s MQ-1C Gray Eagle sustainment program. The Army received one bid for the cost-plus-incentive-fee contract through an online solicitation and obligated $74 million in fiscal year 2017 funds at the time ...