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Lockheed Gets $99M Modification on Navy EW System Upgrade Contract

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $98.5 million contract modification to update the U.S. Navy‘s AN/SLQ-32 electronic warfare system. The Defense Department said Friday the modification covers full-rate production of the Surface Electronic Warfare Improvement Program‘s Block 2 subsystems…
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Trump to Nominate Kearney & Co. Partner David Norquist as DoD Comptroller

President Donald Trump has announced plans to nominate David Norquist, a partner at Alexandria, Virginia-based certified public accounting firm Kearney and Co., as defense undersecretary, comptroller. Trump revealed his plans to name Norquist and five other individuals to several positions at the Defense Department in a news release published Thursday…
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CBP Issues Border Wall Prototype Design, Construction RFPs

The Customs and Border Protection seeks industry proposals for the design and construction of prototypes for President Donald Trump’s planned U.S.-Mexico border wall. CBP said Friday it intends to award multiple contracts, acquire numerous wall designs and build multiple prototypes through two requests for proposals published on the Federal Business Opportunities website…
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Report: Former Unicredit CEO Alessandro Profumo to Succeed Mauro Moretti as Leonardo CEO

Alessandro Profumo, former CEO of Italian bank Unicredit, has been tapped by the Italian government to succeed Mauro Moretti as CEO of Leonardo, Defense News reported Saturday. A spokesman for Italy’s finance ministry told Defense News that Profumo will work to support the state-controlled defense contractor’s business development efforts in the international market, Tom Kington wrote…
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Reuters: Germany Eyes $966M Lockheed C-130J Aircraft Procurement

Germany looks to procure six C-130J Super Hercules airlifters worth approximately $966 million from Lockheed Martin (NYSE: LMT) as part of a joint operating agreement with France, Reuters reported Friday…
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Govini’s Matt Hummer: Trump’s FY 2018 Budget Request May Spur GovCon Firms to Offer Tech as a Service

Govini analyst Matt Hummer has said President Donald Trump’s $1.1 trillion budget request for fiscal year 2018 might offer an opportunity for federal contractors to directly sell their technology platforms as a service to the government, Nextgov reported Friday…
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Janus Selected for Unexploded Ordnance Cleanup Project in Yavoriv, Ukraine

U.S. Army Europe‘s Joint Multinational Training Group-Ukraine has selected Janus Global Operations to carry out an $8.4 million unexploded ordnance clearance project  in Yavoriv, Ukraine. Janus said Friday it aims to dispose of explosives, munitions and other hazardous materials within a nearly seven-square-mile area at the Yavoriv International Peacekeeping and Security Center training range…
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March 20 Morning Report: GovCon Index Closes Week in the Positive as Fed Raises Rates To 1.00 Percent

On Wednesday of last the Federal Reserve raised rates by one quarter point to 1.0 percent, while giving a strong indication of the potential for two additional rate increases to come later in the year…
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VIDEO: IBM & Vodafone, Introducing Mobile Asset Optimization

IBM and Vodafone have partnered to create a comprehensive solution to make smarter, data-driven logistics decisions easy and scalable. With Mobile Asset Optimization, you can foresee weather impacts on your supply chain, understand asset availability, better predict operational risks, more easily enforce contracts, and optimize the lifecycle of your assets…
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