Posts from GovConWire for 03/31/2016

General Dynamics, Huntington Ingalls Secure New Contract Funds for Navy Arleigh Burke Destroyers

General Dynamics and Huntington Ingalls Industries have received additional funds from the U.S. Navy to help build two more Arleigh Burke-class missile guided destroyers, USNI News reported Wednesday…

Textron Gets $174M Navy Landing Craft Air Cushion Vehicle Production Contract Modification

Textron (NYSE: TXT) has been awarded a potential $174 contract modification to produce additional landing craft air cushion vehicles for the U.S. Navy. Textron will build and deliver LCAC units 104 through 108 and related technical manuals to the service branch as part of the Ship to Shore Connector program and to exercise an option in a previously awarded contract, the Defense Department said Wednesday…

James Williams Named Parsons Cyber Infrastructure Protection Sector Chief; Mary Ann Hopkins Comments

James Williams, a vice president at Parsons, has been named chief of the cyber infrastructure protection sector within the company’s federal business unit. He will oversee the expansion strategies of the firm’s physical and cybersecurity business in both government and commercial markets, Parsons said Wednesday…

Lockheed Reseller Partner Gets Straightline Aviation LOI to Purchase Hybrid Airships

Lockheed Martin reseller partner Hybrid Enterprises has received a letter of intent from Straightline Aviation for the purchase of 12 Lockheed-built Hybrid Airships worth an estimated $480 million…

IEM Appoints Army Vet Donald Renner VP of Defense & IT Business

Donald Renner, a retired U.S. Army colonel, has joined IEM as vice president of its defense and information technology arm, where he will oversee the firm’s business in the IT and defense sectors…

Ball Aerospace, SiCore Win Air Force Avionics Vulnerability Assessment Contracts

Ball Aerospace & Technologies (NYSE: BLL) and SiCore Technologies have each won a $47.9 million contract to develop risk mitigation tools and techniques for the U.S. Air Force’s weapon systems. The goal is to identify vulnerabilities in the Air Force’s avionics and protect the systems from cyber attacks, the Defense Department said Wednesday…

March 30 Market Close: GovCon Index Rally Extends to 3rd Day, US Markets Eye Slower Rate Hike Pace

The GovCon Index extended its stretch of positive movement into a third full trading session Wednesday with a gain of 0.204 points to 74.334 as U.S. investors continued to gauge Tuesday’s comments from Federal Reserve Chair Janet Yellen on a potentially slower interest rate hike path for the central bank…