Posts from GovConWire for 10/01/2015

Ashton Carter Recommends Veto of DoD Policy Bill for FY 2016

Defense Secretary Ashton Carter has recommended a veto of the proposed National Defense Authorization Act for fiscal year 2016 if it reaches the White House in its present form, The Hill reportedWednesday…

Reports: Frank Kendall, Ashton Carter Against ‘Excessive’ Mergers in Defense Industry

Pentagon acquisition chief Frank Kendall urges Congress to explore potential measures that limit mergers between prime defense contractors to maintain diversity in the marketplace, Defense News reported Wednesday…

Lockheed Gets $1.5B Modification on Navy Trident II D5 Missile Contract

Lockheed Martin (NYSE: LMT) has been awarded a potential $1.5 billion contract modification to provide the U.S. Navy with additional Trident II D5 missiles and related support services. The contract modification also covers life extension production and development and deployed systems support work on the missiles to be carried out in various locations in the U…

CH2M Hill Wins Position on USAF’s $950M Construction Services IDIQ

CH2M Hill will compete for task orders to support military construction and family housing programs of the U.S. Air Force over the next seven years under a potential $950 million contract. Work also covers architect and engineering design services to the Air Force Civil Engineer and the military service is obligating $3,000 at the time of award, the Defense Department saidTuesday…

United Launch Alliance Lands $233M US Air Force Launch Vehicle Contract Modification

United Launch Alliance has received a $232,939,333 contract modification to configure the U.S. Air Force’s launch vehicles. The award fulfills one of the requirements under the launch vehicle production services contract for the Air Force Atlas V 411 and Delta IV, the Defense Department said Wednesday…

Northrop to Retrofit, Maintain US Air Force’s Global Hawk Drones Under $3B Contract

Northrop Grumman (NYSE: NOC) has received a $3.2 billion contract to update and sustain all variants of the U.S. Air Force Global Hawk unmanned aerial systems. The company will perform program management, engineering, configuration and technical modernization efforts to support development of the drones, the Defense Department said Wednesday…

Obama OKs 10-Week Govt Funding Extension

President Barack Obama has signed legislation to keep U.S. government operations funded at the existing level through Dec. 11 and prevent a federal shutdown Thursday, USA Today reportedWednesday. Erin Kelly writes the Senate voted 78-20 earlierWednesday to approve the stopgap funding bill, followed by the House’s passage of the bill through a 277-151 vote lateWednesday before it became law with Obama’s signature…

September 30 Market Close: GovCon Index Exits Correction Zone, US Stocks Rally

The GovCon Index climbed out of correction territory Wednesdaywith a rise of 1.566 percent to 70.181 that concludes the Index’s second-worst month since its October 2014 inception. The Index declined 2…