General Dynamics Chooses Reston, Virginia for New HQ Site General Dynamics (NYSE: GD) is set to establish a new corporate headquarters on a 21-acre property in Reston, Virginia after the Fairfax County Board of Supervisors approved the aerospace and defense contractor’s development plan…

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DRS Wins $339M Army Contract to Build Handheld Joint Targeting System DRS Technologies has won a potential five-year, $339.3 million contract from the U.S. Army to support the military service’s Joint Effects Targeting System initiative. The Army Contracting Command received two offers for the firm-fixed-price contract and will determine performance location with each order, the Defense Department said Thursday…

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Postal Service Taps 6 Firms for Delivery Vehicle Prototyping Contracts The U.S. Postal Service has awarded contracts worth $37.4 million combined to six companies to produce a total of 50 prototype next-generation delivery vehicles for USPS. USPS said Sept. 16 half of the prototypes to be developed under the agency’s NGDV acquisition effort will include hybrid and new technologies such as alternative fuel capacity and represent various vehicles sizes and drive configurations…

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White House Unveils Contracting, Security Assistance Transparency Commitments Under 3rd Open Govt Action Plan The White House has announced seven new initiatives as part of the Third Open Government National Action Plan that seeks to promote transparency, innovation and accountability in the government. The White House said in a report released Tuesday two of the initiatives seek to support open contracting and promote transparency of the U…

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Ashton Carter Talks DoD’s Budget Concerns, Continuing Resolution at Senate Committee Hearing Defense Secretary Ashton Carter has said budget instability, denial of necessary reforms and micromanagement are the three budget concerns the Defense Department faces, DoD News reported Thursday. Terri Moon Cronk writes Carter appeared with Marine Corps Gen…

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Torch Technologies Lands $63M Test Provisioning Support Contract With MDA Torch Technologies has won a potential five-year, $62.8 million contract to provide advisory and assistance services for the Missile Defense Agency’s test provisioning process. The company will perform engineering support for flight and ground tests, test infrastructure and advance technology under the cost-plus-fixed-fee contract, the Defense Department said Thursday…

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GSA Extends GeoComm’s IT Schedule Contract; Jody Sayre Comments GeoComm will continue to provide geographic information systems to federal, state and local public safety agencies following an extension to the company’s General Services Administration IT Schedule contract…

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Centrus to Maintain Uranium Enrichment Tech at DOE’s Oak Ridge Natl Lab Centrus Energy Corp. has received a one-year, $25 million contract from UT-Battelle to operate the Energy Department‘s Oak Ridge National Laboratory and support the advancement of American gas centrifuge uranium enrichment technology…

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Bell Helicopter Unveils UAS Platform for Maritime Environments Textron‘s Bell Helicopter subsidiary has introduced a shipborne unmanned aerial system designed to combine helicopters’ vertical lift capacity with the speed and range of fixed-wing aircraft…

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September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains, KBR Joins GCI After Govt Services Acquisitions Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors…

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