NOAA Issues Funds for Weather, Water Hazard Forecasting Tech Transfer; John Cortinas Comments The National Oceanic and Atmospheric Administration has invested $6 million in a technology transfer initiative to obtain scientific and technological systems from government and academia. NOAA said Monday it will apply the new systems across the National Weather Service in an effort to...

Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies… Read More Engility...

Northrop CEO Details Cost Reduction Focus of Customers & Industry After GAO Bomber Contract Review Goes Public Northrop Grumman (NYSE: NOC) CEO Wes Bush described to investors Wednesday the aerospace and defense contractor’s moves to focus on affordability and make corporate-level investments to take costs out of programs such as the B-21 bomber in response to slower-growing...