Posts from GovConWire for 05/11/2016

Vectrus Boosts Full-Year Guidance on 1Q Earnings, Revenue Beats

Vectrus (NYSE: VEC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has lifted the lower ends of its full-year earnings and revenue outlooks in part on a large contract extension given in March…

Navy Selects Schneider Electric for $114M Energy Conservation Project at 2 Naval Bases

Schneider Electric has received a self-funding energy savings performance contract from the U.S. Navy to help implement infrastructure updates across 90 buildings that work to generate energy cost savings of $114 million…

Sparton-Ultra Electronics JV Lands $101M Navy Sonobuoys Order; Joseph Hartnett Comments

ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a five-year, $101.1 million contract to produce sonobuoy sonar systems for the U.S. Navy. Ultra Electronics USSI and Sparton De Leon Springs will manufacture the sonobuoys under production subcontracts from ERAPSCO worth $46…

MDA Picks Booz Allen for $63M Ballistic Missile Defense System Consulting Contract

Booz Allen Hamilton (NYSE: BAH) has received a potential five-year, $62.7 million contract to provide consulting, development, management and maintenance services in support of the Missile Defense Agency’s Ballistic Missile Defense System…

GSA Posts RFI on Supply Chain Risk Management System for Gov’t Market Offerings

The General Services Administration‘s Federal Acquisition Service is requesting information on tools that could track and authenticate information and communication products distributed in the federal market to manage supply chain risk…

HHS Seeks Partners to Aid the Dev’t of Health Information Sharing Standards

The Department of Health and Human Services has allotted $1.5 million worth of funding to support proposals that work to aid private industry and federal government efforts to promote the sharing of health information…

Missile Defense Agency Taps ManTech for Counterintelligence Program Support

ManTech International has won a potential five-year, $32.1 million contract to provide advisory and assistance services for the Missile Defense Agency‘s counterintelligence programs. The Defense Department said Tuesday the company will support counterintelligence missions and functional areas covered by the DoD Directive 5240…

Applied DNA Sciences Receives Security, Authentication Tech Contract From US Agency

Applied DNA Sciences has been awarded a five-year, $2.5 million contract to provide botanical-DNA based security and authentication tools to a U.S. government agency. The company said Tuesday the government customer will have access to its SigNature DNA products under the blanket purchase agreement and Applied DNA Sciences will also develop new products throughout the duration of the contract…

Study: 781 Data Breaches Occurred in Public, Private Sectors During 2015

The Identity Theft Resource Center found during a study that there were 781 publicly reported data breaches across the U.S. public and private sectors during 2015. Forty-percent of those breaches tracked by ITRC occurred in the business sector, an 8…

Report: Frank Kendall Drops Push for Defense M&A Oversight Legislation

Defense Department acquisition chief Frank Kendall has decided to withdraw his legislative proposal seeking greater agency oversight of merger and acquisition activities between defense companies, Defense News reported Tuesday…

Lockheed Picks GP Strategies as Learning Services Partner

GP Strategies has been awarded two contracts to provide training administrative and consulting support services for Lockheed Martin’s aerospace and defense business over a three-year period. The contracts also cover course development, instructional design and other learning support services for all employees and facilities within Lockheed’s aerospace and defense business, GP Strategies said Tuesday…

May 10 Market Close: GCI Soars 1% as Lockheed, Northrop, HII Hit All-Time Highs in Intraday Trade

The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions…