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Trump Asks Boeing for Super Hornet Competing Price Following Comments on F-35 Cost

President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday…
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Report: US Returns 10,000-Acre Portion of Okinawa Training Ground to Japan

The U.S. military has returned 10,000 acres of land in Okinawa to the Japanese government in a ceremony held at Japanese Prime Minister Shinzo Abe’s office in Tokyo, DoD News reported Wednesday…
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Defense Logistics Agency Picks 142 Companies for Potential $6B IT Services IDIQ

The Defense Logistics Agency has awarded 142 companies positions on a potential eight-year, $6 billion contract to compete for a range of information technology task orders in support of DLA and other Defense Department agencies…
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Lockheed Gets $1.45B Contract to Supply PAC-3 Missile Interceptors to Army, Foreign Govt Clients

Lockheed Martin (NYSE: LMT) has received a potential three-year, $1.45 billion contract to produce and supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors for the U…
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Homeland Security & Defense Business Council Adds 6 New Member Companies

The Homeland Security and Defense Business Council has selected six new companies as members as the council works to facilitate idea exchanges between industry and government. The council said Thursday senior executives and professionals from large, midtier and small member companies participate in various programs and the Thought Leadership Committee that engages with administration officials and congressional leaders to share ideas and offer insights on various homeland security issues…
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Janus Clears More Than 1,000 Landmines, Unexploded Ordnance in Iraq; Alan Weakley Comments

Janus Global Operations has identified and destroyed 1,246 landmines and other unexploded ordnance in support of the Iraqi-Kurdistan Mine Action Agency’s demining project in Kurdistan, Iraq. JGO said Thursday its explosives detection teams under the Sterling Global Operations unit conducted the demining task in the Erbil, Duhok and Sulaymaniyah provinces of Kurdistan…
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Army Exercises $126M Contract Option for DynCorp Aviation Field Maintenance Services

DynCorp International has secured a $125.5 million contract modification from the U.S. Army to provide aviation field maintenance services for the continental U.S. operations of the Army Aviation and Missile Command’s aviation field maintenance division…
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CACI Lands $140M Naval Forces Logistics, Training Services Contract; Ken Asbury Comments

CACI International (NYSE: CACI) has received a five-year, $140 million contract to support the U.S. Fleet Forces Command’s naval logistics and training program. The company will provide analysis, system administration, financial management, on-site assistance, training, implementation and program management services to Fleet Forces Command, CACI said Thursday…
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Accenture Federal Unit Lands Potential $290M TSA Recruitment Support Contract; Ed Meehan Comments

Accenture’s (NYSE: ACN) federal services unit has been awarded a potential five-year, $290 million contract to help the Transportation Security Administration’s office of human capital recruit between 8,000 and 10,000 employees annually…
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December 22 Market Close: GovCon Index Follows Major Exchanges Down Slightly

Executive Mosaic’s GovCon Index remained relatively unchanged mirroring the other major US exchanges. Huntington Ingalls Industries (NYSE: HII) led the GCI on the news that several institutional investors increased their positions in the company…
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