Posts from GovConWire for 11/17/2015

State Dept OKs Potential $1B Sale of Paveway Bombs, Guidance Kits to Saudi Arabia

Saudi Arabia has asked to buy $1.29 billion in air-to-ground munitions and associated equipment and support from the U.S. government under a foreign military sales agreement approved by the State Department…

Northrop Grumman Wins $100M Army Encryption Devices IDIQ

Northrop Grumman (NYSE: NOC) has won a $99.9 million contract with the Defense Information Systems Agency to produce encryption devices intended to help the U.S. Army secure communication exchange. The Defense Department said Monday Northrop will build KGV-72 Type I programmable inline encryption devices in Rochester, New York, through Nov…

Lockheed Gets Contract Modification to Update Aegis BMD on Navy Ships

Lockheed Martin has received a potential one-year, $36.7 million contract modification to provide engineering support and upgrade the Aegis Ballistis Missile Defense system aboard the U.S. Navy’s DDG-51-class guided missile destroyers and CG57-class cruisers…

CIA’s John Brennan: Intell Officials Face Challenges to Prevent Likely Attacks After Paris

CIA Director John Brennan believes the Islamic State group may have planned other attacks following those in Paris last week even as the international community works to prevent further incidents, USA Today reported Monday…

Niloofar Razi Howe Joins RSA as SVP, Chief Strategy Officer; Amit Yoran Comments

Niloofar Razi Howe, formerly chief strategy officer at Endgame, has joined RSA as senior vice president and chief strategy officer. As a member of RSA’s executive team, Howe will be responsible for the company’s corporate strategy, development and planning, RSA said Monday…

Telephonics to Install Interrogation Platform on US, Australia P-8As; Joseph Battaglia Comments

A Griffon subsidiary has won a potential $21 million contract to produce and install AN/UPX-40 Identification Friend or Foe interrogation systems onboard the Boeing-built P-8A Poseidon aircraft of the U…

Raytheon UK to Open New HQ, Defense Tech CoE; Richard Daniel Comments

Raytheon‘s U.K. business has announced it will invest about $38 million to build a new headquarters and a technology center of excellence in Essex, England, as part of efforts to grow the company’s British market presence…

November 16 Market Close: GovCon Index Surges 3% on Defense Stock Volume

The GovCon Index rebounded from a two-day decline Monday with a surge of 2.901 percent to 77.587 on high volume in defense stocks three days after the terrorist attacks in Paris Friday. Ammunition and rocket manufacturer Orbital ATK (NYSE: OA) led all Index gainers at 6…