April 9 Market Close: GovCon Index, US Stocks Flat on Quiet Trading Day The GovCon Index struggled for direction Thursday as it recorded a nominal loss of 0.014 points to close at 69.263. U.S. markets were relatively quiet during Thursday’s trading day as investors wait to see more first quarter earnings reports from companies, the Wall Street Journal reported… Read...

DRS Lands Potential $440M in Navy Submarine Electronic, Comm Tech IDIQs DRS Technologies will build new electronic equipment and update voice communications systems on U.S. Navy vessels under two contracts worth up to $440 million combined. The Finmeccanica subsidiary said Wednesday one of those indefinite-delivery/indefinite-quantity contracts it signed with the Navy will move the company into a...

Bechtel Allowed to Use Drones in Construction Projects; Mike Lewis Comments Bechtel has obtained Federal Aviation Administration approval to use unmanned aircraft systems on the company’s construction works in the United States. Mike Lewis, Bechtel’s manager of construction, said Monday the company partnered with Skycatch to integrate drones into Bechtel’s execution systems for various projects worldwide…...