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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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AeroVironment booked $47.1 million in contracts during the past two months to help the U.S. Army sustain small hand-launched unmanned aircraft systems. The contracts cover sustainment work on RQ-11B Raven and RQ-20A Puma drones the company built for the military service, AeroVironment said Monday. The Army uses the Raven to support low-altitude intelligence, surveillance and reconnaissance missions. […] More
The U.S. Army has awarded AeroVironment a $3.4 million contract to produce small unmanned airborne systems for Spain’s defense ministry. AeroVironment secured the contract for the RQ-11B Raven UAS through a foreign military sales program, the company said Thursday. The drone has a 4.2-pound wingspan and is designed for use in low-altitude surveillance, intelligence and […] More
Northrop Grumman and AeroVironment have been selected to design a new unmanned air system to launch and recover from small ships. The Defense Advanced Research Projects Agency awarded the contracts for the second phase of its Tern program, a joint effort between DARPA and the U.S. Navy’s Office of Naval Research, the agency said Monday. Dan Patt, DARPA […] More
Lockheed Martin and AeroVironment have signed a global partnership agreement to jointly explore technologies such as atmospheric satellite systems for drones. The companies aim to integrate Lockheed’s mission and ground aircraft platforms with AeroVironment’s unmanned aerial system Global Observer, AeroVironment said Thursday. “We look forward to partnering with AeroVironment to potentially develop integrated solutions for the […] More
Last week, GovCon Index reached an average of $4,879.91, an increase of 1.90% from the previous week. GovCon Index is an aggregate index that compiles stock market data from 30 of the most influential government contracting organizations and presents it in real time. Users are able to leverage this information to make their own assessments about […] More

Last week, GovCon Index recovered from a two-week slump with a rise of 0.13% that brought the average to $4,786.97. GovCon Index is an aggregate index that tracks stock market data from 30 companies with significant influence on the government contracting industry. This information is presented in real time, allowing users to make their own assessments of how these organizations are performing and how the GovCon marketplace is doing overall.

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Executive Mosaic’s GovCon Index grew by 1.91% last week, lifting the weekly average to $4,938.26. GovCon Index is an aggregate index that tracks real-time data from 30 key players in the government contracting industry. With the information it provides, users are able to get a glimpse into the performance of each individual company and the current financial trends influencing the field, allowing them to evaluate the overall state of the GovCon market.

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Last week, Executive Mosaic’s GovCon Index closed at $4,844.11, a 0.09% increase from the previous week. GovCon Index is an aggregate index that gathers real-time data from 30 major government contractors to provide users with insights into the performance of these organizations. This information empowers users to understand current industry trends and evaluate the overall financial state of the GovCon market.

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The Defense Advanced Research Projects Agency has named nine companies to develop and demonstrate conceptual designs for an uncrewed aerial system with vertical landing and takeoff, and long endurance leap-ahead capabilities. The AdvaNced airCraft Infrastructure-Less Launch And RecoverY initiative seeks to develop and flight demonstrate a VTOL aircraft that can be deployed and recovered from […] More
Executive Mosaic is honored to induct Stephen duMont, president of GM Defense, into the 2023 edition of the Wash100 Award for leading company growth efforts through new business establishment and industry and defense collaborations. The award is the first time duMont was named among the Wash100 recipients, who are elite public and private sector individuals […] More
General Dynamics‘ land systems business has tapped General Motors‘ defense subsidiary to support its bid to develop the new military automobiles that will replace the U.S. Army’s Bradley combat vehicles. GM Defense said Wednesday it will work with AeroVironment, Applied Intuition and General Dynamics’ mission systems business as core members of the GD Land Systems […] More
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