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Reports: US Govt Approves $2B Sale of Frigates, Weapons to Taiwan

The State Department has cleared a potential $1.83 billion foreign military sales agreement for Taiwan to procure two Ferry-class guided missile frigates and associated weapons from the U.S., Reuters reported Wednesday
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Huntington Ingalls Gets $242M Engineering Support Contract for Navy Amphibious Warships

Huntington Ingalls Industries (NYSE: HII) has received a potential $242 million contract to provide life-cycle engineering and related services for the U.S. Navy’s LPD 17-class amphibious transport dock ships…
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Lockheed Martin Receives $216M Apache Pilot Night-Vision Systems FMS Contract

Lockheed Martin (NYSE: LMT) has received a $215.8 million contract to produce Modernized Target Acquisition Designation/Pilot Night Vision Systems for India’s Apache helicopters through a foreign military sales deal…
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Sal Fazzolari Joins eGlobalTech as COO; Sonya Jain Comments

Sal Fazzolari, formerly senior vice president of strategic development at CRGT, has joined eGlobalTech as chief operating officer at the Arlington, Virginia-based management and information consulting company…
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Mario Bazan Joins Abt Associates as Client Technology Center VP

Mario Bazan, formerly vice president for technology at ICF International (Nasdaq: ICFI), has been appointed VP of the client technology center at Abt Associates. “[We] look forward [to] Mario providing valuable insight and strategic direction as we assist clients in leveraging information technology and executing sophisticated analyses to further policy development,” Mary Harper, chief information officer at Abt Associates, said in a statement issued Wednesday
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Johns Hopkins University, Tanner, Moog Receive AF Rocket Engine Research Contracts

Johns Hopkins University, Tanner Research and Moog have received research contracts from the U.S. Air Force to study potential engines intended to power United Launch Alliance’s Atlas 5 rocket, Space News reported Tuesday
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Engineering Services Network to Support NUWC Newport’s Module Test & Repair Program

Engineering Services Network will provide logistics and technical support for the module test and repair program of the Naval Undersea Warfare Center – Newport Division under a potential five-year, $13…
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December 16 Market Close: GovCon Index, US Stocks Climb as Fed Pulls Trigger on Interest Rate Hike

The GovCon Index held steady in positive territory over morning and midday activity then surged in the afternoon session to close at a gain of 1.21 percent to 76.944 on news that the Federal Reserve increased interest rates for the first time since June 2006…
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