Posts from GovConWire for 06/29/2017

Senate Armed Services Panel OKs $700B Defense Budget for Fiscal 2018

The Senate Armed Services Committee on Wednesday cleared through a unanimous vote a bill that would allocate $640 billion in defense base budget and $60 billion in overseas contingency operations funds for fiscal 2018, The Hill reported Wednesday…
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Lockheed Lands $258M Contract Modification for Lot 10 F-35 Pilot Flight Equipment

Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets…
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Former DoD Acquisition Chief Frank Kendall Joins Leidos Board; Roger Krone Comments

Frank Kendall, former undersecretary for acquisition, technology and logistics at the Defense Department, has been appointed to Leidos‘ board of directors. Leidos said Wednesday Kendall currently serves as executive in residence at Arlington, Virginia-based aerospace and defense advisory firm Renaissance Strategic Advisors…
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PAE-Parsons JV Secures $85M Navy Contract for Military Guam Base Operations Support

A joint venture of PAE and Parsons has secured a potential $84.7 million contract from the U.S. Navy to carry out a range of base operations support services at Joint Region Marianas in Guam. DZSP 21 will provide management, administration, port operations, ordnance, material management, facility management, facility investment, electrical, steam, water, base support vehicles and equipment and environmental support services at the military installation, the Defense Department said Wednesday…
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BAE, Leonardo Enter Precision-Guided Munition Tech Partnership

BAE Systems and Leonardo have formed a partnership to further develop a family of precision-guided munitions for a range of weapons systems designed to help U.S. and allied forces counter land, maritime and aerial threats…
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Boeing Gets F/A-18E/F, EA-18G Engineering Change Proposal Order

Boeing has received a $49.5 million order to develop, qualify and support form-fit-function flight tests of Active Electronically Scanned Array Radar Interface 2 for F/A-18E/F and EA-18G aircraft of the U…
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Space Systems Loral to Conduct On-Orbit Refuelling Service for SES Satellite

SES has entered an agreement with MacDonald, Dettwiler and Associates to carry out a satellite life extension mission using an on-orbit refuelling spacecraft made by MDA’s Space Systems Loral subsidiary…
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Report: Army Plans Mobile Protected Firepower Procurement

The U.S. Army will move forward with its plans to buy a mobile protected firepower vehicle for infantry brigade combat teams after the military branch secured a $9.6 million initial budget to begin the acquisition process, Defense News reported Wednesday…
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General Atomics Subsidiary Lands USAF MQ-9 Gen 4 Data Link Contract

A General Atomics subsidiary has received a $27.6 million contract from the U.S. Air Force to address diminishing manufacturing sources for the primary data link of MQ-9 Gen 4 Predator remotely piloted aircraft…
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VIDEO: Mattis Comments on State of Defeat-ISIS Effort

Defense Secretary Jim Mattis speaks on the current state of Operation Inherent Resolve, the effort to defeat the Islamic State of Iraq and Syria.
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June 28 Market Close: GovConIndex and Major Indices All Close Up Sharply

The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day…
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