CATEGORY ARCHIVES: NEWS

SAIC Promotes Karen Wheeler to Chief HR Officer; Tony Moraco Comments

TYSONS CORNER, VA, Dec. 27, 2016 — Science Applications International Corp. (NYSE: SAIC) has promoted Karen Wheeler, a senior vice president and chief procurement officer at the company, as its new chief human resources officer, GovCon Wire reported Dec. 20. Wheeler will manage employee-related programs such as organizational development, talent management, recruitment, retention and employee...

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State Dept Approves Norway's Request to Purchase P-8A Patrol Aircraft for $1.75B

TYSONS CORNER, VA, Dec. 23, 2016 — Norway's request to purchase Boeing-built (NYSE: BA) P-8A patrol aircraft and related support for $1.75 billion has been approved by the State Department, GovCon Wire reported Thursday. The Defense Security Cooperation Agency said Wednesday Norway plans to acquire up to five P-8As equipped with commercial engines, tactical open mission software, electro-optical...

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Dan Keefe to Oversee Edaptive Systems Team Following Acquisition by ManTech

TYSONS CORNER, VA, Dec. 23, 2016 — Maryland-based health information technology services provider Edaptive Systems has been acquired by ManTech International (NYSE: MANT) for an undisclosed amount, GovCon Wire reported Monday. ManTech said Monday the acquisition is part of the company's effort to provide new agile software development and business intelligence services to the federal healthcare...

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General Dynamics Subsidiary to Continue Arleigh Burke-Class Ship Modernization Support Under $126M Deal

TYSONS CORNER, VA, Dec. 21, 2016 — The U.S. Navy has awarded a General Dynamics (NYSE: GD) subsidiary a potential one-year, $126 million contract to extend the company's modernization support for the Arleigh Burke-class destroyers, GovCon Wire reported Tuesday. Bath Iron Works will support ongoing post-delivery destroyer modernization services through December 2017 under the contract extension,...

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Maximus Appoints Former IBM Federal GM Anne Altman, Google’s Gayathri Rajan to Board of Directors

TYSONS CORNER, VA, Dec. 20, 2016 — Anne Altman, former general manager of U.S. federal and government industries at IBM (NYSE: IBM), and Gayathri Rajan, product management vice president at Google (Nasdaq: GOOGL), have been appointed to Maximus' (NYSE: MMS) board of directors, GovCon Wire reported Monday. Altman and Rajan will replace Marilyn Seymann of Caring Capital and James...

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Raytheon Secures $459M Air Force Cryptographic Device Production IDIQ

TYSONS CORNER, VA, Dec. 19, 2016 — The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $459 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract to manufacture cryptographic devices that will work to secure the voice and data communications of the military service, GovCon Wire reported Friday. Raytheon will conduct services at Fort Wayne in Indiana and Largo, Florida,...

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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...

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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 of a...

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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, the...

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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...

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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 $42 million amid a revenue decline of 1.76...

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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 estimated 350 engineers and...

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