Posts from GovConWire for 12/08/2015

Sikorsky Receives $354M Modification to MH-60R Procurement Contract

Lockheed Martin (NYSE: LMT) subsidiary Sikorsky has received a $354.2 million contract modification from the U.S. Army to fund the procurement of 29 MH-60R Seahawk helicopters. The Defense Department said Monday the modification also covers program and logistics support through the end of December 2017…

Lockheed Martin Gets $318M Army Hellfire II Missile Contract Modification

Lockheed Martin (NYSE: LMT) has received a $318.3 million contract modification to produce Hellfire II missile hardware and components for the U.S. Army, Air Force and foreign military sales clients. The Defense Department said Monday Lockheed will supply Hellfire II missile systems to Egypt, Korea, India, Indonesia, Iraq, Pakistan, Saudi Arabia and Tunisia…

Canadian Commercial Corp. Lands $147M AF Landing Gear Remanufacture Support IDIQ

Canadian Commercial Corp. has secured a potential six-year, $147 million contract to provide landing gear remanufacturing support for the U.S. Air Force’s E-3, KC-135 and C-130 aircraft. The contractor will perform contract work in the Canadian city of Longueuil, Quebec, through Jan…

Frank Kendall: Pentagon Eyes Tech Modernization Cuts for Fiscal 2017

The Defense Department looks to trim military equipment production, research and development programs during fiscal 2017 in a bid to maintain readiness levels and end strength, Defense News reported Sunday…

Ambit Group Hires Jane Forman as Adviser, Joan Cannaday as Associate VP

Jane Forman and Joan Cannaday have joined Ambit Group as adviser and associate vice president, respectively. Forman, formerly a principal at Deep Water Point, will aid in the company’s effort to develop and apply best practices to government clients, Ambit Group said Thursday…

DHS Picks 5 Recipients for Cyber Physical Systems Security Contracts

The Department of Homeland Security’s science and technology directorate has awarded five contracts worth $7.8 million combined to universities and other institutions to perform research and develop tools designed to safeguard cyber physical networks from cyber attacks…

DISA Seeks Ideas for Joint Military C2 System Development Program

The Defense Information Systems Agency has asked industry to recommend open standard-based approaches for the development of a command-and-control system that can support the U.S. military’s joint or multinational combat missions…

December 7 Market Close: GovCon Index Plummets as Oil Price Declines Sink US Markets

The GovCon Index followed across-the-board declines in U.S. markets Friday with a loss of 0.307 points to 78.031 and only five out of 30 contractors that ended the day with gains. U.S. stocks tumbled as crude oil in New York settled down 5…