CATEGORY ARCHIVES: NEWS

Northrop Grumman to Deliver 10 Unmanned Helicopters to Navy for $108M

TYSONS CORNER, VA, Sept. 13, 2016 — Northrop Grumman (NYSE: NOC) has received a $108.1 million contract from the U.S. Navy to deliver 10 MQ-8C Fire Scout unmanned autonomous helicopters, GovCon Wire reported Monday. The Defense Department said Friday the company will perform contract work through August 2019 in Alabama, California, Mississippi, Texas and other U.S. locations. About Executive...

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CGI's President-COO George Schindler to Assume President-CEO Role by October

TYSONS CORNER, VA, Sept. 12, 2016 — CGI (NYSE: GIB) has appointed its President and Chief Operating Officer George Schindler to take the new dual role of president and CEO effective Oct. 1 following the retirement of Michael Roach, GovCon Wire reported Friday. The company said Thursday Schindler will also be part of the CGI board of directors as part of his promotion. "George was identified by...

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Dell, EMC Complete $67B Merger to Form Dell Technologies

TYSONS CORNER, VA, Sept. 9, 2016 — Dell and EMC have closed their $67 billion transaction to merge into a potential $74 billion private company called Dell Technologies (NYSE: DVMT), GovCon Wire reported Thursday. The new company also includes the Boomi, Dell EMC, Pivotal, RSA, SecureWorks, Virtustream and VMware businesses, Dell said Wednesday. About Executive Mosaic: Founded in 2002, Executive...

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L-3 Names New SVP of Strategy for Aerospace Systems Business

TYSONS CORNER, VA, Sept. 8, 2016 — L-3 Communications (NYSE: LLL) has hired Charles Davis, former president and CEO of Seabury Group's global aerospace and defense consulting unit, as senior vice president for strategy at L-3's aerospace systems business, GovCon Wire reported Wednesday. L-3 said Tuesday Davis brings experience from the military, where he worked on acquisition, research and...

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HPE Hires Former Cubic, Raytheon Exec Bill Toti as VP for Defense, Homeland Security

TYSONS CORNER, VA, Sept. 7, 2016 — Hewlett Packard Enterprise (NYSE: HPE) has hired Bill Toti, former president of Cubic's (NYSE: CUB) global defense business, as vice president for defense and homeland security, GovCon Wire reported Tuesday. Toti, an inductee into Executive Mosaic's Wash100 for 2016, will be responsible for HPE's work with the Defense, Homeland Security, State and Justice...

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LMI to Acquire FourWinds in Federal, International Market Push

TYSONS CORNER, VA, Sept. 6, 2016 — The board of directors at LMI has approved a proposed acquisition of national security consulting services company FourWinds, GovCon Wire reported Friday. The acquisition works to build on LMI's management consulting service portfolio for the intelligence community and support expansion efforts in the federal and international markets, the company said...

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NNSA Rescinds $5B Contract for Nevada National Security Site

TYSONS CORNER, VA, Sept. 2, 2016 — The National Nuclear Security Administration will reset the proposal review process on a potential 10-year, $5 billion contract to manage and operate the Nevada National Security Site, GovCon Wire reported Thursday. NNSA said Wednesday it has cancelled the contract awarded to Nevada Site Science Support and Technologies Corp. because of a lack of...

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Lockheed's Sikorsky Gets $158M Army Order for Additional Black Hawk Choppers

TYSONS CORNER, VA, Sept. 1, 2016 — Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary will provide 14 additional UH-60 Black Hawk helicopters to the U.S. Army under a $158.4 million contract modification, GovCon Wire reported Wednesday. The Defense Department said Tuesday the award exercises an option on a previously awarded contract for the delivery of Black Hawks and extends the period of...

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Navy Taps BAE, General Dynamics, Lockheed, Epsilon for LCS Sustainment, Maintenance Contracts

TYSONS CORNER, VA, Aug. 31, 2016 — The U.S. Navy has selected BAE Systems, General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT) and Epsilon Systems Solutions for positions on two contracts worth $950.8 million combined to provide support services for littoral combat ships, GovCon Wire reported Tuesday. The Defense Department said Monday the $741.5 million contract for BAE Systems Southeast...

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CACI Posts Q4 Revenue, Earnings Above Expectations; Ken Asbury Comments

TYSONS CORNER, VA, Aug. 30, 2016 — CACI International (NYSE: CACI) performed above analyst expectations in the fourth quarter of its fiscal year 2016 with revenue and earnings both above Wall Street estimates, GovCon Wire reported Aug. 18. CEO Ken Asbury, an inductee of Executive Mosaic's Wash100 for 2016, has said the company's acquisition of L-3 Communications' (NYSE: LLL) former National...

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Booz Allen Lands Nearly $380M GSA Task Order for Counter-IED Program Support

TYSONS CORNER, VA, Aug. 29, 2016 — Booz Allen Hamilton (NYSE: BAH) will provide technologies to support the Joint Improvised-Threat Defeat Agency's efforts to combat improvised explosive devices under a potential $379.6 million task order from the General Services Administration, GovCon Wire reported Friday. The Defense Department said Thursday the task order from GSA's Federal Systems...

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F5's Randy Wood: Application Security Key to Federal IT Security

TYSONS CORNER, VA, Aug. 26, 2016 — Randy Wood, vice president for federal sales at F5 Networks (Nasdaq: FFIV), has said federal information technology should prioritize application security to bolster the network's cyber defenses, GovCon Wire reported Monday. "The trend in application access is to trust no one, no connection, and no traffic flow; and relying on advanced encryption and identity...

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