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Lockheed Lands $120M Navy Submarine Imaging System Engineering Contract

Lockheed Martin (NYSE: LMT) has received a $120,400,598 contract modification to engineer and test the U.S. Navy’s submarine imaging system. The company will work to design, refresh, reverse engineer, assess and develop the AN/BVY-1 system, the Defense Department said Wednesday
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Navy Selects 5 Firms for Shipboard EW System Installation/De-Installation

The U.S. Navy has awarded five companies a combined $49.9 million multiple-award contract to support the installation and de-installation of surface electronic warfare systems on naval vessels. The Defense Department said Wednesday the contractors will perform ship and ordnance alterations and industrial services such as platform prefabrication/fabrication and quality assurance inspection…
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Federal News Radio: DHS Picks Raytheon for $1B EINSTEIN Maintenance Contract

Raytheon (NYSE: RTN) has won a $1 billion contract from the Department of Homeland Security to maintain the government’s EINSTEIN cyber detection system, Federal News Radio reportedWednesday. Jason Miller writes Raytheon will also operate the National Cybersecurity Protection System’s cyber tools under the Development, Operations and Maintenance program…
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National Transportation Safety Board Seeks New CIO

The National Transportation Safety Board has launched its search for a new chief information officer. NTSB said in a USAJobs notice posted Friday the chosen candidate will oversee information resource management and information technology programs at the agency…
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Three JVs Win Spots on $950M Air Force Facility Construction IDIQ

The U.S. Air Force has awarded three joint ventures positions to compete for design and construction tasks under a potential seven-year, $950 million indefinite-delivery/indefinite-quantity contract. The Defense Department said Wednesday awardees will provide architect and engineering services to support the Air Force’s military construction and family housing projects as well as its sustainment, restoration and modernization efforts worldwide through Sept…
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September 23 Market Close: GovCon Index Extends Dip, Material Sector Drags US Stocks

The GovCon Index deepened its losses Wednesday with a decline of 0.462 points to 70.902, a figure 8.08 percent below its three-month high of 77.134 from the July 16 close. The Dow Jones Industrial Average remains in correction territory while the S&P 500 and NASDAQ composite indices are within 10 percent of their 52-week highs…
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