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L3 Completes $117M Purchase of Implant Sciences’ Explosive Trace Detection Business

L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences’ explosive trace detection business for $117.5 million cash through an asset purchase agreement…
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IMI Awarded Potential $450M Israel Munition Supply Contract

IMI Systems has secured a potential seven-year, $450 million contract to provide munitions to Israel’s infantry and armor units, Defense News reported Monday. Barbara Opall Rome writes that Israel’s defense ministry said the multiyear procurement effort will help the Israeli armed forces to resupply the country’s inventory of weapons systems and support live-fire training of ground troops in the coming years…
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CACI Taps Leidos for $202M Counter-IED Organization Intell, Training Subcontract

Leidos (NYSE: LDOS) has received a potential five-year, $202 million subcontract from CACI International (NYSE: CACI) for intelligence, analytical operations and training services in support of the Joint Improvised-Threat Defeat Organization…
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Sevatec to Help DHS Manage Homeland Security Info Network; Chris Cole Comments

Sevatec has received a task order to help the Department of Homeland Security operate and maintain an enterprise information network that works to help stakeholders access and share data in a secure environment…
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Lockheed to Build Asteroid Exploration Spacecraft for a NASA Discovery Program Mission

NASA has selected Lockheed Martin to build, design and operate spacecraft that would support research into the bulk physical properties, geology and surface composition of  six Jupiter Trojan asteroids orbiting the sun…
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CTC Recognized for Pennsylvania Guard and Reserve Support; Ed Sheehan Comments

Concurrent Technologies Corp. has received recognition from the Pennsylvania Employer Support of the Guard and Reserve group for the company’s outstanding support of employees who serve in the Pennsylvania Guard and Reserve…
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General Atomics Gets Phase 1 MQ-9 UAV Logistics Support Order Under France FMS Deal

General Atomics‘ aeronautical systems business will provide Phase 1 logistics support for MQ-9 Reaper unmanned aerial vehicles to France under a one-year, $24 million delivery order from the U…
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Tim Paynter Named Northrop Strategic Comms VP

Tim Paynter, director of communications at Northrop Grumman, has been selected to succeed the retiring Randy Belote as vice president of strategic communications. Paynter’s appointment will take effect Jan…
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Navy Realigns Information Warfare Learning Sites

The U.S. Navy has subordinated the Center for Information Warfare Training’s learning sites under training commands in a move to increase oversight of the facilities. The service branch said Tuesday that CIWT’s 12 learning sites will be renamed “information warfare training sites” and placed under the control of Information Warfare Training Commands in Virginia Beach, Corry Station, Monterey and San Diego…
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VIDEO: Obama Meets with Combatant Commanders and Joint Chiefs of Staff

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January 5 Market Close: The GovCon Index Closes Slightly Down In a Mixed Market

Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results…
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