Posts from GovConWire for 04/02/2015

General Dynamics Gets Funding for DDG 122 Destroyer Construction

General Dynamics (NYSE: GD) Bath Iron Works has been awarded $610.4 million funds to construct DDG 122, a multimission Arleigh Burke-class destroyer under a five-ship $3.4 billion order the U.S. Navy originally placed two years ago…
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Lockheed, Austal Awarded Navy Littoral Warship Contract Modifications; Joe North Comments

Austal USA and Lockheed Martin (NYSE: LMT) have received contract modifications for each company to build two more littoral combat ships for the U.S. Navy, USNI News reported Wednesday. Megan Eckstein writes the military service awarded Lockheed approximately $362 million for the construction of one LCS and about $79 million in advance procurement funds for another unit…
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Motorola Solutions Buys PublicEngines for Intelligence-Led Policing; Bob Schassler Comments

Motorola Solutions (NYSE: MSI) has further added to its public safety portfolio with the acquisition of PublicEngines, a Utah-based provider of citizen engagement and public safety products for government and law enforcement agencies…
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CACI Adds LTC Engineering Associates to C4ISR Portfolio; Ken Asbury Comments

CACI International (NYSE:CACI) moved to grow its C4ISR offerings with the purchase of LTC Engineering Associates, a technical products and services provider in the intelligence and defense markets. Ken Asbury, president and CEO of CACI and an inductee into Executive Mosaic‘s Wash100 list for 2015, saidWednesday the company aims to further national security work, drive business growth and create value for customers and shareholders through the acquisition…
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April 1 Market Close: GovCon Index Extends Decline, Jobs Report Sends Stocks Down

The GovCon Index fell for a second consecutive day Wednesdayas it recorded a loss of 0.471 points to 68.596. U.S. markets entered negative territory after the ADP Research Institute said companies added 189,000 workers to payrolls in March, which missed estimates of many economists, according to Bloomberg…
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