Posts from GovConWire for 08/02/2016

Leidos Views Doubled Scale in Lockheed IS&GS Merger as Buffer to Agency Spending Shifts

Leidos Holdings‘ (NYSE: LDOS) impending merger with the information systems and global solutions segment of Lockheed Martin (NYSE: LMT) seeks to both diversify customer mix and lower risk to potential spending downturns in fewer market areas for the future combined company, Leidos CEO Roger Krone told investors at the New York Stock Exchange Monday…
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DLA Orders $984M in Boeing F/A-18 Spares for US Navy

Boeing (NYSE: BA) has received three delivery orders worth a combined $984.3 million to provide spare parts for the U.S. Navy‘s fleet of F/A-18 Super Hornet multirole fighter planes. The orders were awarded by the Defense Logistics Agency‘s aviation unit under a potential 10-year, sole-source acquisition contract with Boeing, the Defense Department said Monday…
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Army Taps Bravura for $306M Persistent Surveillance Systems-Tethered Program Support IDIQ

Bravura Information Technology Systems has won a potential four-year, $305.7 million contract to support the U.S. Army‘s tethered aerostat-based system for intelligence, surveillance and reconnaissance missions…
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Boeing Receives $255M Navy Order for Aircraft Flight Control Surface Repair Services

Boeing (NYSE: BA) has been awarded a $254.5 million delivery order from the U.S. Navy to repair the flight control surfaces of the military branch’s Super Hornet and Growler planes. Boeing will perform repair work on the F/A-18 E/F multirole fighter aircraft and EA-18G  electronic warfare aircraft in Jacksonville, Florida, through December 2019, the Defense Department said Monday…
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Navy Exercises $102M Option on Huntington Ingalls Planning Yard Services Contract

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a $102.1 million contract modification to provide integrated planning yard services for CG 47-class cruisers and DD 963-class destroyers…
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Raytheon to Support Navy’s Rolling Airframe Missile Weapon Modernization Effort

Raytheon has secured a potential $36.7 million contract option from the U.S. Navy for design agent and engineering services for the military branch’s ship self-defense weapon modernization initiative…
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Tony Scott: OMB Unveils 3-Year Initiative to Reduce Federal Data Center Footprint

The Office of Management and Budget has introduced a three-year program that aims to require federal agencies to develop and execute strategies that seek to reduce the footprint of data centers and build up the federal government’s information technology security posture…
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NAVAIR Test Flies Osprey Aircraft With 3D-Printed Engine Nacelle

The Naval Air Systems Command put an MV-22B Osprey military aircraft fitted with a three-dimensional printed engine nacelle system through a test flight Friday at Naval Air Station Patuxent River in Maryland…
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DARPA Competition Aims to Help Automate Computer Security

The Defense Advanced Research Projects Agency intends to help automate computer security systems through the world’s first all-machine hacking competition scheduled for Aug. 4. The Cyber Grand Challenge will take place in Las Vegas, where seven high-performance computers will compete live in conjunction with the DEF CON hacker convention, DARPA said Friday…
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August 1 Market Close: GovCon Index Lifted on Engility, General Dynamics & Cubic Gains

Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp…
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