Posts from GovConWire for 03/02/2015

Raytheon Awarded Navy Missile System Logistics Support Contract

Raytheon (NYSE: RTN) has been awarded a $16.6 million contract to provide logistics services for target acquisition and defense missile systems operated by the U.S. Navy. The company will support the military branch’s MK 57 NATO Sea Sparrow Surface Missile System and MK 23 Target Acquisition System weapons through February 2020, the Defense Department said Friday…

Reuters: Air Force Considers Commercial Launch of Military Satellites

The U.S. Air Force‘s Space and Missile Systems Center may open competition this spring for 28 commercial launches of military and intelligence satellites to bolster the use of U.S.-made rocket engines, Reuters reported Saturday…

Daniel Muse Joins Sevatec as CFO; Sonny Kakar Comments

Daniel Muse, formerly director of aerospace, defense and government services investment banking group at Stifel (NYSE: SF), has joined Sevatec Inc. as chief financial officer. He will be responsible for finance, accounting, mergers and acquisitions and other strategic management functions across Sevatec, the company said Thursday…

March 2 Morning Report: GovCon Index Down at Friday’s Close

The GovCon Index ended the month of February with 69.615 atFriday’s close, a loss of 0.677 points or 0.982 percent. ICF International (NASDAQ: ICFI) led gainers after reporting a double-digit revenue increase for the 2014 fiscal year…

Lawmakers OK 7-Day Homeland Security Funding Extension

Congress approved a one-week funding extension for the Department of Homeland Security to head off a partial agency shutdown at Friday midnight, USA Today reported Saturday. Susan Davis and Erin Kelly write the Senate passed the DHS stopgap spending bill on a voice vote Friday evening and the House voted 357-60 to pass the measure just two hours before the agency’s current authorization deadline…

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