CATEGORY ARCHIVES: NEWS

DoD, Lockheed Finalize $8.5B Deal for 90 Lot 10 F-35 Jets

TYSONS CORNER, VA, Feb. 7, 2017 — The Defense Department and Lockheed Martin (NYSE: LMT) have completed negotiations on an $8.5 billion contract for the production of 90 lot 10 F-35 fighter jets, GovCon Wire reported Monday. Reuters reported Friday the contract lowers the price...

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HPE, CSC Name Board Members for Post-Merger IT Services Company

TYSONS CORNER, VA, Feb. 6, 2017 — CSC (NYSE: CSC) and Hewlett Packard Enterprise (NYSE: HPE) have named the 10 board members for the information technology services company that will result from the upcoming merger of CSC and HPE’s enterprise services unit,...

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South Korea's Potential $140M Buy of Raytheon-Built Missiles Gets State Dept Clearance

TYSONS CORNER, VA, Feb. 3, 2017 — Raytheon (NYSE: RTN) will produce 89 AGM-65G-2 Maverick and 60 AIM-9X-2 Sidewinder missiles for South Korea under two foreign military sale agreements worth $140 million combined, GovCon Wire reported Thursday. The Defense Security Cooperation...

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ACT I Names Former Alion Directorate Support Manager as Program Mgmt EVP; Michael Niggel Comments

TYSONS CORNER, VA, Feb. 2, 2017 — Advanced Concepts and Technologies International has hired Claudio Monticelli, a former directorate support manager at Alion Science and Technology, as executive vice president for program management, GovCon Wire reported Wednesday. ACT I said Monticelli, who was also in...

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Deloitte Names Former OMB Controller Dave Mader as Federal Civilian Sector Chief Strategy Officer

TYSONS CORNER, VA, Feb. 1, 2017 — Deloitte has appointed Dave Mader, former controller at the Office of Management and Budget, as  chief strategy officer for the civilian sector of the consulting firm’s federal government operations, GovCon Wire reported Tuesday. Mader will...

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General Atomics Receives $533M Navy Contract Modification for Work on Electromagnetic Aircraft Launch System

TYSONS CORNER, VA, Jan. 31, 2017 — The U.S. Navy has awarded a potential 10-year, $532.6 million contract modification to General Atomics for the production, testing and inspection of the Electromagnetic Aircraft Launch System for the CVN 80 aircraft carrier, GovCon...

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Harris Agrees on Potential $690M Sale of Gov't IT Services Business to Veritas Capital

TYSONS CORNER, VA, Jan. 30, 2017 — Harris (NYSE: HRS) will sell its government information technology services business to private equity investment firm Veritas Capital for $690 million. The decision comes within a month after Harris sold its CapRock maritime communications business for $425 million...

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General Dynamics Subsidiary to Provide Military Aircraft Logistics Support Under $116M Award

TYSONS CORNER, VA, Jan. 27, 2017 — The U.S. Air Force has awarded a General Dynamics (NYSE: GD) subsidiary a one-year, $115.7 million contract modification to extend logistics support for the C-20 and C-37 military aircraft platforms, GovCon Wire reported Thursday. Gulfstream Aerospace...

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Booz Allen Closes Acquisition of Aquilent in Digital Portfolio Expansion Push

TYSONS CORNER, VA, Jan. 26, 2017 — Booz Allen Hamilton (NYSE: BAH) has completed its acquisition of digital services provider Aquilent, also known as eGov Holdings, under a $250 million deal, GovCon Wire reported Wednesday. The purchase will support Booz Allen’s...

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Former General Dynamics IT Exec Scott Howat Joins BAE Systems Inc. as Finance SVP

TYSONS CORNER, VA, Jan. 25, 2017 — Scott Howat, previously vice president and chief financial officer at General Dynamics‘ (NYSE: GD) information technology unit, has joined BAE Systems‘ U.S. arm as senior VP of finance, GovCon Wire reported Tuesday. BAE said Monday Howat...

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CSRA to Provide IT Support for OCONUS Naval Enterprise Network Under Potential $80M IDIQ

TYSONS CORNER, VA, Jan. 24, 2017 — The U.S. Navy has awarded CSRA (NYSE: CSRA) a potential two-year, $80.3 million indefinite-delivery/indefinite-quantity contract to provide information technology support to the naval enterprise network outside the continental U.S., GovCon Wire reported Friday. CSRA...

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DoD, Lockheed Martin in Negotiations for Potential $9B F-35 Contract

TYSONS CORNER, VA, Jan. 23, 2017 — The Defense Department and Lockheed Martin (NYSE: LMT) are in the process of negotiating a potential $9 billion contract as part of efforts to reduce the price of F-35 fighter jets, GovCon Wire reported Friday. Reuters...

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Raytheon Names Retired Navy Adm. James Winnefeld as Board Member

TYSONS CORNER, VA, Jan. 20, 2017 — Raytheon (NYSE: RTN) has appointed James Winnefeld Jr., a retired U.S. Navy admiral and former Joint Chiefs of Staff vice chairman, as a member of the company’s board of directors, GovCon Wire reported Thursday....

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Former NASA Exec William Parsons Appointed to Lead PAE-BWXT Joint Venture

TYSONS CORNER, VA, Jan. 19, 2017 — William Parsons, a NASA veteran, has been appointed president of a PAE and BWX Technologies (NYSE: BWXT) joint venture, GovCon Wire reported Wednesday. PAE said Tuesday Parsons will oversee Syncom Space Services‘ facility operations, maintenance, test and manufacturing...

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ACT I Appoints Bruce Lemkin as International & FMS Business Adviser; Michael Niggel Comments

TYSONS CORNER, VA, Jan. 18, 2017 — Advanced Concepts and Technologies International has appointed Bruce Lemkin, president of Lemkin International, as  international and foreign military sales adviser for the government acquisition support services company, GovCon Wire reported Tuesday. ACT I said in January Lemkin will...

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