News

Cubic Closes $135M Sale of Global Defense Services Business to Valiant

TYSONS CORNER, VA, June 4, 2018 — Cubic (NYSE: CUB) has completed the estimated $135 million sale of its global defense services business to Valiant Integrated Services in a move that Cubic CEO Bradley Feldmann says aims to facilitate long-term value for the company’s shareholders, employees and clients, GovCon Wire reported Friday. The transaction also […]

Boeing, Navy to Enter Talks on Nearly $2B Contract for Poseidon Training System Update

TYSONS CORNER, VA, May 31, 2018 — Boeing (NYSE: BA) is set to enter negotiations with the U.S. Navy on a potential $1.86 billion deal to supply new and updated training systems for the P-8A Poseidon aircraft, GovCon Wire reported Wednesday. The Navy said in a FedBizOpps notice posted Tuesday the planned contract will cover upgrades to Navy and […]

Fortinet’s Bob Fortna Elected New Vice Chairman at AFCEA International

TYSONS CORNER, VA, May 30, 2018 — AFCEA International has elected Bob Fortna, president of Fortinet’s (Nasdaq: FTNT) federal business, as vice chairman of its board of directors, GovCon Wire reported Friday. AFCEA said Thursday Fortna will assist Board Chair DeEtte Gray, president of U.S. operations at CACI International (NYSE: CACI) and a 2018 Wash100 […]