DynCorp Wins $85M for Navy Trainer Plane Maintenance, Logistics

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DynCorp International has won a one-year, $83,373,932 contract to help the U.S. Navy perform depot-level maintenance and logistics work on close to 400 trainer planes for the chief of naval air training. The Air Force received five proposals for the firm-fixed-price, indefinite-delivery, requirements contract through a competitive procurment conducted via an electronic request for proposals,...

BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

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BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday. SilverSky, which operates primarily in the...

HP Vet Andy McCann Joins Dell Federal Arm as Sales, Marketing Executive Director

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Andy McCann Andy McCann, formerly a vice president for HP Enterprise Services‘ (NYSE: HPQ) U.S. public sector business, has joined the executive team at Dell‘s federal division as executive director of sales and marketing, GovCon Wire has learned. In his most recent role at HP, McCann led a team of more than 300 professionals that delivered systems integration services, applications...

LCG Adopts Single Brand in Reorg; Raymond Tye Appointed COO

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Raymond Tye Rockville, Maryland-based contractor LCG has combined the operations of its grants management and technology services divisions into a single organization that will operate under the name LCG. The company has also appointed 25-year business development veteran Raymond Tye as chief operating officer, LCG said Monday. He will work to align and oversee joint operations and business development...

DLA Issues 5-Month, $58M Maintenance IDIQ to SAIC

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The Defense Logistics Agency has awarded a five-month, $58 million contract to Science Applications International Corp. (NYSE: SAI) for continued maintenance, repair and operations services. SAIC will perform work in New Jersey through March 2015 under the firm-fixed-price, indefinite-delivery/indefinite-quantity, prime vendor contract, the Defense Department said Friday. Federal civilian agencies,...

IBM to Shed Semiconductor Business in $1B Deal With Globalfoundries

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IBM (NYSE: IBM) has agreed to sell its global commercial semiconductor technology business to Santa Clara, California-based computer chip manufacturer Globalfoundries for $1.5 billion, which would be paid to IBM over the next three years. The companies said Monday that the deal also includes an agreement for Globalfoundries to serve as IBM’s exclusive server processor semiconductor technology...

AECOM Closes $4B Buy of URS Corp. in Energy, Gov’t Services Market Push

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AECOM Technology Corp. (NYSE: ACM) has closed its estimated $4 billion purchase of San Francisco-based engineering and construction services firm URS Corp. after shareholders at URS approved the transaction Thursday. Los Angeles-based AECOM announced the completion of the deal Friday and said it planned to pursue growth in the oil and gas, power and government services markets through the acquisition...

October 16 End of Day Report: GovCon Index Holds Level With Market

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The GovCon Index entered the final hour of Wednesday trading at 62.696 — a nominal increase of 0.44 percent, or 0.28 points from Tuesday’s figures. Gainers led laggers 18-to-12 and Orbital Sciences (NYSE: ORB) recorded the largest increase at 6 percent after the company announced a 5-percent revenue jump for its third fiscal quarter. That percentage change was in line with those of...

David Thompson: Orbital-ATK Deal Could Close in January

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David Thompson The planned merger of Orbital Sciences (NYSE: ORB) with ATK‘s (NYSE: ATK) aerospace and defense groups could close in January if the companies receive regulatory approvals for the deal during the December holiday season, Orbital CEO David Thompson said Thursday. Thompson also said that transition teams from both companies are “continuing to target the end of the calendar...

Three Wire Systems to Continue Air Force Data Hosting, Maintenance Program

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The Air Force has renewed a contract with Three Wire Systems for the company to continue maintenance and hosting work on a system the branch uses to store data on readiness services. Three Wire Systems said Wednesday that it will continue work to migrate the Air Force’s Family Integrated Results and Statistical Tracking system to an Xtendable V system from Xtendable IV and also be responsible...