Posts from GovConWire for 11/21/2016

Lockheed to Modernize South Korea F-16s Under $1.2B USAF Foreign Sales Deal

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential nine-year, $1.20 billion contract to support modernization of South Korea’s fleet of F-16 Fighting Falcon jets. Lockheed will perform the F-16 upgrades as part of a foreign military sales agreement between the governments of the U…
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BP Subsidiary Wins $559M US Military Fuel Supply Contract

A subsidiary of oil producer BP has won a one-year, $559 million contract from the Defense Logistics Agency to supply fuel products to the U.S. Army, Navy and Air Force. The Defense Department said Friday BP Products North America will perform work under the fixed-price, economic-price-adjustment contract in Illinois, Singapore and the United Arab Emirates through Dec…
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NOAA, NASA Launch Lockheed-built GOES-R Weather Satellite

The first of the four National Oceanic and Atmospheric Administration’s geostationary weather satellites launched Saturday aboard a United Launch Alliance-built Atlas V rocket from Cape Canaveral in Florida at 6:42 p…
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A&D Industry Vet Stephan Farrand Joins Oblong Industries as Federal Team’s Regional Sales Manager; Michael Friedel Comments

Stephan Farrand, a 16-year aerospace and defense industry veteran, has joined Los Angeles-based visual collaboration platforms provider Oblong Industries as regional sales manager of the company’s federal team…
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SAP’s Laura Grant: In-Memory Computing, Analytics Could Help Agencies Derive Insights From Big Data

Laura Grant, head of digital innovation for public sector at SAP (NYSE: SAP), has said federal agencies should adopt in-memory computing platforms combined with data analytics tools in order to generate insights from large data sets and facilitate the decision-making process…
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Harris Lands Potential $91M IDIQ to Produce Airborne EW Tech for Multiple Intl Defense Clients

Harris (NYSE: HRS) has received a potential three-year, $91 million contract from the U.S. Air Force to build electronic warfare systems for multiple foreign military sales customers. The Defense Department said Friday the contract covers the production of AN/ALQ-211(V)4/8/9 Advanced Integrated Defensive Electronic Warfare Suite systems, software, and associated support equipment for international participants in the Electronic Combat International Security Assistance Program…
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Mark Gray: ASRC Federal to Continue Support for NOAA Satellite Operations Facility

ASRC Federal has secured a potential five-year, $35 contract from the national environmental satellite, data and information service division of the National Oceanic and Atmospheric Administration for systems engineering support to NOAA’s satellite operations facility in Alaska…
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Raytheon to Expand Missile Systems Business Operations in Arizona, Add Nearly 2K Jobs

Raytheon looks to add up to 2,000 positions over the next five years through an expansion of the defense company’s missile systems business headquarters in Tucson, Arizona. Raytheon said Friday it will hire workers at all skill levels to serve in engineering and higher-wage technical roles…
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Former DIA Chief Michael Flynn Named National Security Adviser Under Trump Administration

Michael Flynn, a retired U.S. Army lieutenant general and former director of the Defense Intelligence Agency, has been appointed national security adviser by President-elect Donald Trump, Politico reported Thursday…
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Navy Selects L-3 Switchgear for Ohio Replacement Submarine; Christine Montalvo Comments

L-3 Communications has won a contract to provide switchgear equipment for the power distribution and protection system of the U.S. Navy’s new submarine. Work covers design, qualification and delivery of switchgear to the first submarine built to replace the military branch’s legacy Ohio-class platform, L-3 Communications said Friday…
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November 21 Morning Report: GovCon Index Posts 2nd Straight Weekly Gain Amid Defense Stock Outlook

Executive Mosaic’s GovCon Index recorded a 0.134-percent or 0.117-point increase Friday to 87.249 to register its second consecutive weekly gain as investors continue to have a positive outlook on defense stocks compared to healthcare and other sectors…
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