L-3 Signals More Acquisitions This Year, CACI & Raytheon Pivot to Organic Growth Focus Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three GovCon companies that stated financial results…

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Harris, Capstone Vet Richard White Joins Space Systems Loral as US Govt Lead Richard White, a 31-decade veteran from Harris Corp. (NYSE: HRS) and former CEO of government services contractor Capstone Corp., has joined spacecraft system and satellite manufacturer Space Systems Loral to lead SSL’s U…

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Navy Picks Constellation for $170M Energy Conservation, Generation Project Constellation (NYSE: CEG) has been awarded a 23-year, $170 million contract by the Naval Facilities Engineering Command to install energy conservation and distributed generation systems intended to help the U…

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General Dynamics Selects BAE to Produce Payload Module Tubes for Virginia-Class Submarines General Dynamics’ Electric Boat subsidiary has awarded BAE Systems‘ U.S. arm a contract to produce payload module tubes for integration with the U.S. Navy’s Virginia-class Block V (SSN 774) submarines…

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BAE Taps Magellan Aerospace for F-35 Horizontal Tails Production; Phillip Underwood Comments BAE Systems has selected Magellan Aerospace to supply horizontal tail assemblies for the conventional takeoff-and-landing variant of the Lockheed Martin-built F-35 aircraft under a two-year, $52 million contract…

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MIT Research VP Maria Zuber Elected to Textron Board Maria Zuber, vice president of research at the Massachusetts Institute of Technology and chair of the National Science Foundation‘s national science board, has joined the board of directors at Textron…

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Jim Williams: Govt Should Understand Citizens’ Journey to Facilitate Service Delivery Jim Williams, former acting administrator at the General Services Administration, has said he believes there would be a “renewed focus on customer service” in the next U.S. administration. Williams said in a video interview posted Wednesday on Maximus‘ website that he thinks the government should work to know and understand the citizens’ journey as well as the citizens’ previous interactions with the government…

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General Dynamics Subsidiary to Modernize Navy Expeditionary Mobile Base Vessel General Dynamics‘ NASSCO subsidiary will perform post-delivery repair and modernization work on the USNS Lewis B. Puller expeditionary mobile base under a potential $38.3 million contract awarded by the U…

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DRS Wins Army Fluid Distribution System Contract DRS Technologies has won a potential four-year, $37.7 million contract to supply the U.S. Army with up to 12 early-entry fluid distribution systems. Four bids were submitted to the Army Contracting Command for the firm-fixed-price contract via the internet, the Defense Department said Thursday…

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Florida Agency Pledges Funds to SpaceX Installation Project at Kennedy Space Center Space Florida, the state’s aerospace economic development agency, has pledged $5 million to support SpaceX‘s project to build an access arm at the 39A launch pad of NASA‘s Kennedy Space Center, Florida Today reported Wednesday…

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GAO: DHS’ CIO Office Should Take Principal Role in Joint Requirements Council The Government Accountability Office has said that the Department of Homeland Security‘s Office of the Chief Information Officer should serve as a principal on the reinstated Joint Requirements Council to help minimize risks in information technology programs…

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October 27 Market Close: GovCon Index Tumbles on Raytheon & L-3 Guidance Misses, Other Defense Primes Lag Executive Mosaic’s GovCon Index posted its biggest percentage decline in four weeks Thursday after Raytheon (NYSE: RTN) and L-3 Communications (NYSE: RTN) posted guidance ranges below Wall Street analysts’ expectations with other large defense primes also the GCI’s largest drags…

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