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Reuters: Saudi Arabia, US in ‘Advanced’ Talks for $1B Lockheed Frigate Buy

The U.S. government is in talks with Saudi Arabia regarding the latter’s proposed $1 billion purchase of two frigates from Lockheed Martin (NYSE: LMT) as part of the Saudi navy’s modernization efforts, Reuters reported Wednesday
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VA Seeks Personal ID Credential Mgmt Software Sources

The U.S. Department of Veterans Affairs is exploring sources of application or software programs that VA can potentially use to verify credentials of employees and contractors who access its facilities…
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Navy Exercises $28M Option on Ocean Engineering Services Contract

The U.S. Navy has awarded a $28 million modification to five small businesses to exercise the first option on a previously awarded contract for worldwide ocean engineering services. The Defense Department said Wednesday the exercised option brings the total contract value to $56 million…
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Huntington Ingalls Receives $109M US Navy Submarine Support Contract Modification

Huntington Ingalls Inc. has received a $109,436,020 contract modification to carry out support services for the U.S. Navy’s nuclear submarines. The company will work to engineer, design, configure and update various classes of submarines, special mission submersible interfaces, support facilities and submarines for foreign military sales programs, the Defense Department saidTuesday
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US Air Force Awards Construction Contract to Four Companies

MilServe International JLT, Al Badeel General Contracting, The Marshal Group and Ohio General Contracting have won a $45 million construction contract with the U.S. Air Force. The companies will work to build, maintain, repair and renovate various construction projects in Southwest Asia through Sept…
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Bill Zielinski Joins OMB Office of CIO as Agency Oversight Team Lead

Bill Zielinski has joined the Office of Management and Budget’s Office of the Chief Information Officer as head of the agency oversight team, CIO.gov reported Tuesday. Zielinski will be responsible for the team that works to facilitate collaboration among federal CIOs on FedStats and other government programs…
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September 2 Market Close: GovCon Index, US Stocks Rebound on Beige Book Report

The GovCon Index rebounded from two days of declines with a gain of 2.374 percent to close at 71.791 Wednesday as U.S. markets also tried to recover ground from prior losses. The Index remains 7.02 percent below its three-month high of 77…
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