GovCon Index Posts 3rd Consecutive Weekly Loss in December
Executive Mosaic’s GovCon Index closed 0.83% higher at $4,884.32 before the weekend. It was a rare second-straight daily gain in…
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Hanwha Completes Philly Shipyard Purchase
South Korea-based Hanwha Systems and Hanwha Ocean have closed their acquisition of U.S. shipbuilder Philly Shipyard for approximately $100 million…
State Department OKs $5.3B in Egypt FMS Deals for Tanks, Weapon Systems
The State Department has approved Egypt’s three foreign military sales requests worth approximately $5.3 billion combined for Abrams tank refurbishment,…
CBP Offers Info on FY 2025 Microsoft Product License Renewal Requirement
The Customs and Border Protection plans to award a contract by the second quarter of fiscal year 2025 to meet…
Lockheed Lands $11.8B Navy Contract Modification for Lot 18 F-35 Production
The U.S. Navy has awarded Lockheed Martin a potential $11.76 billion contract modification to produce and deliver 145 units of…
NASA Awards $4.8B in Contracts for Near Space Network Services
NASA has awarded indefinite-delivery/indefinite-quantity contracts with a potential cumulative value of $4.82 billion to four companies to provide support services for…
Bell Books $557M Navy Contract for H-1 Helicopter Repair, Logistics Support
Textron’s Bell subsidiary has received a potential five-year, $557 million contract from the U.S. Navy to provide spares, repair and…
Trace3 Acquires Zivaro
IT consulting firm Trace3 has acquired Zivaro for an undisclosed sum as part of a push to expand its government,…
PSC Names 2025 Board Officers, Executive Committee & Board Members
The Professional Services Council has elected DLH President and CEO Zachary Parker, Amentum CEO John Heller and CGI Federal President…
Raytheon Awarded $282M USAF Contract for StormBreaker Munitions
Raytheon has booked a $282.3 million contract from the U.S. Air Force for Small Diameter Bomb Increment II, GBU-53/B Production Lot…