General Dynamics Subsidiary Wins Potential $3B Navy Contract to Build 6 Replenishment Oilers General Dynamics‘ (NYSE: GD) NASSCO subsidiary has received a potential $3.2 billion contract from the U.S. Navy to design and build six replenishment oilers. The Defense Department said Thursday the contract has a base value of $640 million for the initial T-AO 205 class fleet replenishment oiler, which could be followed by one ship per year from fiscal 2018 to fiscal 2022 if funds are appropriated…

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DLA Awards Lockheed $1.8B Contract for Military Weapon Systems Support The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential $1.75 billion contract to provide consumable and depot-level repairable components for various weapon systems of the U…

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Navy Adds 608 Contractors to SeaPort-e IDIQ The U.S. Navy has picked an additional 608 companies to compete for a range of functional support task orders worth up to $3.96 billion per year under the military branch’s SeaPort Enhanced contract vehicle…

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Huntington Ingalls Awarded Potential $3B Contract to Support Navy Amphibious Assault Ship Huntington Ingalls Industries (NYSE: HII) has landed a potential $3.1 billion fixed-price-incentive contract from the U.S. Navy for the planning, engineering and procurement of long lead time materials for an amphibious assault ship…

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Navy Picks 6 Firms for Information System Technical Support Contracts Six companies have won separate contracts to provide technical support services for the U.S. Navy’s ground, maritime and airborne information systems and networks. Each of the three-year, cost-reimbursement contracts awarded to Cabrillo Technologies, Science Applications International Corp…

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GE, UTC Awarded Air Force Adaptive Engine Design, Testing Support Contracts A General Electric (NYSE: GE) subsidiary and United Technologies Corp. (NYSE: UTX) have each received a potential five-year, $1 billion contract to provide design, fabrication, testing and integration support services for the U…

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Army Grants 4 Firms $480M Counter-Narcoterrorism Support Contract The U.S. Army has awarded Alliance for Counter Narcoterrorism, CACI International (NYSE: CACI), Mission Essential Personnel and Leidos (NYSE: LDOS) a multiyear, $480 million contract to provide support to the Defense Department‘s Counter-Narcoterrorism Technology Program office…

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Raytheon Lands $197M Navy Anti-Ship Missile Defense Contract Raytheon (NYSE: RTN) has received a potential $197.3 million contract to build anti-ship missile defense systems for the U.S. Navy and foreign customers under an international cooperative program. The Defense Department said Thursday that Raytheon will design and test the Evolved Sea Sparrow missile design agent as well as provide in-service support, technical engineering and risk reduction support services…

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Gen. David Goldfein Confirmed as Air Force Chief of Staff Air Force Vice Chief of Staff Gen. David Goldfein received Senate confirmation Wednesday as the military branch’s next chief of staff and will be sworn into office Friday. The 33-year veteran was nominated by the White House for the Air Force’s top uniformed  post in April and testified at a Senate Armed Services Committee hearing about his nomination June 16, the branch said Thursday…

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ASRC Federal Unit to Provide Test Operations, Technical Personnel Under $208M AF Contract An ASRC Federal business unit has secured a $207.9 million contract from the U.S. Air Force to provide on-site test operations, engineering and technical personnel for the Air Force Research Laboratory…

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June 30 Market Close: GovCon Index Completes Turnaround From Post-Brexit Selloff, 4 GCI Stocks Hit 52-Week Highs Executive Mosaic’s GovCon Index added at least one full percentage point for the second session in three Thursday to complete a reversal of its losses stemmed from the two-day selloff in global financial markets after Britain’s Thursday vote to leave the European Union…

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