News

Jacobs to Provide Engineering, Design Support to NAVFAC Under $75M Contract

TYSONS CORNER, VA, Dec. 16, 2016 — The U.S. Navy has awarded a Jacobs (NYSE: JEC) subsidiary a potential five-year, $75 million firm-fixed-price contract for engineering and design services to support the industrial research efforts of the Naval Facilities Engineering Command, GovCon Wire reported Wednesday. Jacobs Government Services will assist various administrative facilities within NAVFAC’s Washington area of responsibility […]

State Dept OKs Potential $1.7B FMS Deal With Kuwait for Abrams Tank Recapitalization

TYSONS CORNER, VA, Dec. 15, 2016 — The State Department has cleared a potential $1.7 billion foreign military sale of equipment and components for Kuwait’s General Dynamics-built (NYSE: GD) Abrams M1A2 battle tanks, GovCon Wire reported Wednesday. The proposed deal includes M2A1 and M240 machine guns, N/VRC-92E SINCGARS radios and AN/PVS-7B night-vision goggles for 218 Abrams tanks as part […]

KBR Appoints Former Leidos CFO Mark Sopp as Finance Chief

TYSONS CORNER, VA, Dec. 14, 2016 — KBR (NYSE: KBR) has appointed Mark Sopp, former executive vice president and chief financial officer at Leidos (NYSE: LDOS), to succeed Brian Ferraioli as CFO of the Houston-based technology services provider, GovCon Wire reported Tuesday. Ferraioli will work with Sopp for the transition of KBR’s financial organization before the former’s retirement, […]

Raytheon Secures $128M Navy F/A-18 Radar Warning Receiver Repair Contract

TYSONS CORNER, VA, Dec. 13, 2016 — The U.S. Navy has awarded Raytheon (NYSE: RTN) a potential five-year, $128.2 million contract to repair the AN/ALR-67(V)3 radar warning receivers on the service branch’s F/A-18 Super Hornet fighter jets, GovCon Wire reported Monday. The Defense Department said Friday the contract involves the restoration of 10 AN/ALR-67(V)3 weapon replaceable assemblies, as […]

SAIC Reports 3Q Earnings Above Analyst Forecast; Tony Moraco Comments

TYSONS CORNER, VA, Dec. 12, 2016 —  Science Applications International Corp. (NYSE: SAIC) has registered earnings for the third quarter of fiscal 2016 at $0.91 earnings per share compared to the consensus Wall Street analyst forecast of $0.84 EPS, GovCon Wire reported Thursday. The report said the company’s net income climbed 23.53 percent to reach […]

Greg Wenzel: Acquisition of Aquilent to Build on Booz Allen's Digital Services Org

TYSONS CORNER, VA, Dec. 9, 2016 — Cloud computing and digital services provider Aquilent will serve as Booz Allen Hamilton‘s (NYSE: BAH) hub for digital services upon the completion of the former’s acquisition for $250 million, GovCon Wire reported Thursday. Greg Wenzel, an executive vice president at Booz Allen, told the publication the acquisition will integrate an […]