State Dept Clears $1.7B Main Battle Tank Recapitalization Deal for Kuwait The State Department has approved Kuwait’s request to buy equipment and support services for the recapitalization of 218 General Dynamics-built (NYSE: GD) Abrams M1A2 main battle tanks under a potential $1…

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Trace Systems Wins Potential $219M DISA Contract to Support Military Internet Program Trace Systems has won a potential seven-year, $219 million contract from the Defense Information Systems Agency to provide internet connectivity infrastructure for service members to connect with their families and friends…

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Raytheon Gets $110M Navy Contract Modification for Air, Missile Defense S-Band Radar, Controller Production Raytheon (NYSE: RTN) has received a potential one-year, $110.1 million contract modification to begin fiscal 2017 low-rate initial production of S-band radars and radar suite controllers for the U.S. Navy…

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Navy Taps Jacobs Subsidiary for $75M NAVFAC Design, Engineering Services Contract A subsidiary of Jacobs Engineering Group (NYSE: JEC) has been awarded a five-year, $75 million contract to provide engineering and design support for industrial research efforts at administrative facilities within the Naval Facilities Engineering Command’s Washington area of responsibility…

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Kevin Walden Promoted to Kratos CIO; Eric DeMarco Comments Kevin Walden, Kratos Defense & Security Solutions‘ (Nasdaq: KTOS) acting chief information officer and director of information compliance and enterprise applications, has been promoted to serve as CIO on a full-time basis…

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SpaceX Postpones Manned Dragon Capsule Launch to May 2018; Boeing Reschedules CST-100 Test Flights SpaceX has pushed back from the spring of 2017 to May 2018 the first manned flight of its Dragon spacecraft designed to transport astronauts to and from the International Space Station, the Wall Street Journal reported Tuesday…

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Marine Corps Receives 1st BAE-Built Amphibious Combat Vehicle Prototype BAE Systems handed over an amphibious, ship-launchable and ship-recoverable combat vehicle prototype to the U.S. Marine Corps during a ceremony held Tuesday at the company’s York, Pennsylvania-based facility…

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Trump to Nominate Former Texas Gov. Rick Perry as DOE Secretary Rick Perry, former governor of Texas, has been selected by President-elect Donald Trump to serve as secretary of the Energy Department, the New York Times reported Tuesday. Coral Davenport writes Perry is former Texas agriculture commissioner before he served as governor of the state from 2000 through 2015…

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Boeing Hands NATO First Updated E-3 AWACS Aircraft; Wendy Atkinson Comments Boeing has handed over NATO’s updated E-3A Airborne Warning and Control System aircraft, the first of 14 the company is contracted to modernize for the intergovernmental military organization through a $257 million modernization effort…

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December 13 Market Close: GovCon Index Lower, S&P 500 Higher as Federal Reserve Meeting Gets Underway Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration…

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