Vectrus (NYSE: VEC) has secured a $212 million contract modification from the U.S. Army to support communications equipment and information systems of the Army Network Enterprise Technology Command and its subordinate units in the Southwest Asia theater of operations. The Defense Department said Friday the company will perform work in Afghanistan...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup May 22 – May 26 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This past Tuesday, President Donald Trump released his first budget proposal for fiscal 2018 and the blueprint su...
Five companies have won spots on a potential five-year, $249 million contract from the U.S. Army to support the military branch’s security assistance training programs in seven countries. The Defense Department said Thursday that American Systems, Integration Innovation, Mag DS, Resicum International and Spec...
Boeing (NYSE: BA) has secured an $89 million contract from the U.S. Navy to help the service branch incorporate a Block II infrared search and track system into the F/A-18 E/F Super Hornet fighter aircraft. The Defense Department said Thursday that Boeing will provide initial design and development, prototyping hardware procureme...
Lockheed Martin (NYSE: LMT) has secured a potential two-year, $87.3 million contract from the U.S. Navy to provide technical and program management services in support of the Trident II D5 submarine-launched ballistic missile’s navigation subsystem. The Defense Department said Wednesday the contract covers navigation hardware and sof...
The Trump administration’s 2018 budget calls for $640 billion in military spending, $52 billion over current year spending and breaking the current budget caps. Nevertheless, the Pentagon claims it has found “efficiency” savings of $1.2 billion in savings for fiscal year 2018, reports Federal News Radio, and that this will res...
Air Force Lt. Gen. Kevin McLaughlin, Deputy Commander of U.S. Cyber Command (USCYBERCOM) said Wednesday that too much of the cybersecurity threat conversation on Capitol Hill discusses threats as a “theory” – rather than the reality these threats already are. “What are we going to do when? I...
Deputy Defense Secretary Bob Work announced the creation of the Algorithmic Warfare Cross Functional Team (AWCFT) which will manage the masses of data currently collected by drone surveillance. Known as Project Maven, the team will accelerate the Defense Department™s integration of big data and machine learning, reports GCN. Mass...
Boeing (NYSE: BA) has received a potential five-year, $1.1 billion contract modification from the Missile Defense Agency to continue to provide development support for the Redesigned Kill Vehicle program. The modification increases the total value of a previously awarded contract from $4.7 billion to $5.8 billion, the Defense Department said Monday....
Through fiscal year 2018, Federal agencies have $3.3 billion in savings yet to accrue from promised consolidations and data center closures and consolidations pledged in the Federal Information Technology Acquisition and Reform Act. Agencies were required to find $4 billion in savings from fiscal year 2016 to fiscal 2018 as part of the Office of...
