GSA Issues Phase 1 RFP for Development of FBI’s New HQ

FBI J. Edgar Hoover Building
The General Services Administration is seeking proposals from real estate developers on the construction of a new and consolidated FBI headquarters to replace the J. Edgar Hoover Building in Washington. GSA said Friday that FBI is considering locations in Greenbelt and Landover in Maryland and in Springfield, Virginia. “The J. Edgar Hoover building does not meet the FBI’s needs in the...

General Dynamics NASSCO Lands $498M Contract Modification for Navy Floating Base Construction

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The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) NASSCO subsidiary a $498,116,529 million contract modification to design and build a fourth mobile landing platform-afloat forward staging base for naval vessels. The Defense Department said Friday it expects NASSCO to complete work under the fixed-price incentive contract in March 2018. Seventy percent of work will occur in San Diego, California,...

December 22 Morning Report: GovCon Index Ends Friday Trading Week With Gain

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The GovCon Index closed at 70.378 on Friday, a 0.1654point increase, or 0.232 percent. The Dow Jones industrial average rose 26.65 points (0.15%) to 17,804.80, the Standard & Poors 500 index gained 9.42 points (0.46%) to 2,070.65 and the NASDAQ composite index increased 16.98 points (0.36%) to 4,765.38. Top Percentage Gainers Company Stock Price $ Change % Change  CGI Group  38.09  0.91  2.45%  Booz...

Booz Allen, Cubic Subsidiary, Janus Research to Provide Army Mission Support

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The U.S. Army has awarded Booz Allen Hamilton (NYSE: BAH), Cubic Applications (NYSE: CUB) and Janus Research Group spots on a $240 million contract to provide the Army Capabilities Integration Center with mission support services. The Defense Department said Friday that the contract was awarded through the Army Contracting Command and will run through Dec. 18, 2019. The Army will provide funding...

Army to Supply Qatar With Raytheon’s Patriot Fire Units for $2B

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The U.S. Army will provide Qatar with a set of Raytheon‘s (NYSE: RTN) Patriot fire units through the end of April 2019 under a $2.4 billion foreign military sale contract. The Defense Department said Friday that the contract, which was awarded through the Army Contracting Command, covers 10 fire units of the Patriot missile defense system plus spares. Raytheon will perform work at locations...

WWT Awarded $427M for DISA Enterprise Storage Services

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World Wide Technology has been awarded a potential six-year, $427 million contract to provide on-demand information storage services for enterprise environments of the Defense Information Systems Agency. Work will occur at DISA facilities worldwide and the agency is obligating $100,000 in defense working capital funds for the initial delivery order, the Defense Department said Friday. The contract...

December 19 Market Close: GovCon Index Inches Up

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The GovCon Index ended the trading week with a gain of 0.165 points — or 0.233 percent — to close at 70.379 on Friday. Investment activity continued to reflect traders’ attitudes toward how major central banks could raise interest rates as the Federal Reserve said this week such an increase will likely not happen soon, according to the Wall Street Journal. The Dow Jones industrial...

The Deals, Moves and Shakeups That Drove GovCon in 2014

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EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a review of moves on Capitol Hill to pass both the fiscal 2015 government spending bill and defense...

Navy Taps 6 Firms for $194M Military Health Center Support IDIQ

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Six small businesses have won positions on a 30-month U.S. Navy contract potentially worth $193.6 million to provide medical human resources and services to military treatment centers in the U.S.’ Northeastern region. The Defense Department said Wednesday the contractors will compete for task orders under the multiple-award, indefinite-delivery/indefinite-quantity contract that covers allied...

Atos to Acquire Xerox’s IT Outsourcing Business for $1.05B

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Atos has agreed to acquire Xerox‘s (NYSE: XRX) information technology outsourcing business to Atos for $1.05 billion with $50 million in additional consideration. The companies expect to close the transaction in the first half of 2015  and Aton will provide IT services to Xerox as part of the deal, Xerox said Thursday. Xerox’s ITO’s leadership team will join Atos and Xerox’s...