Raytheon Lands $750M Int’l TOW Missile Sale

Raytheon logo
An unidentified country has agreed to purchase 14,000 Raytheon-built (NYSE: RTN) missiles from the U.S. government under a three-year, $750 million foreign military sales agreement. Raytheon said Wednesday that the country intends to build up its border defense posture and sovereignty by ordering the tube-launched, optically tracked, wireless-guided missiles. The contract’s base period of...

Mac Curtis: The SI Org Eyes Adjacent Market Growth Through QinetiQ NA Services Group Buy

Mac Curtis
MacMultiple Award Contract/ Multi Agency Contract. Curtis The SI Organization has moved to grow its footprint in fields such as cybersecurity and analytics by agreeing to purchase QinetiQ North America‘s services and solutions group. The SI expects to close the deal in the second quarter of calendar year 2014 after regulatory approvals have been completed, the company said Tuesday. Reuters reports the...

Jacobs Inks Deal to Buy Verizon’s Federal Network Systems Subsidiary; Robert Norfleet Comments

acquisition
Jacobs Engineering Group (NYSE: JEC) has moved to grow its presence in the intelligence community by agreeing to acquire Verizon‘s (NYSE: VZ) Federal Network Systems subsidiary for an undisclosed sum. Jacobs expects to close the deal for the 750-employee subsidiary in the summer of calendar year 2014, Jacobs said Tuesday. Robert Norfleet, a Jacobs group vice president, said the company sought...

Former NASA CFO Ronald Spoehel Joins GDEF as Director; Damian Perl Comments

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Ronald Spoehel, former chief financial officer at NASA, has been appointed to the board of directors at Global Defense and National Security Systems (NASDAQ: GDEF). He will officially start the role on April 28 and succeed John Gannon, who will depart for a senior advisory position within the U.S. government, GDEF said Friday. “(Spoehel) has a deep understanding of our sectors, and as such...

GSA Hands Down $408M BPA for Counter-IED Training Support; A-T Solutions’ Dennis Kelly Comments

Dennis Kelly - A-T, ExecutiveMosaic
Four companies will compete for up to $408 million in contracts to support a counter-improvised explosive device program after the General Services Administration handed down a blanket purchase agreement for the work after a competitive bidding process. A-T Solutions, one of the winners of a position on the BPA, announced the contract award and noted the GSA’s Federal Systems Integration and...

Acentia, USPTO to Enter Patent Classification Database Project’s 2nd Phase

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Acentia will help the U.S. Patent and Trademark Office design and develop software for the second phase of a database the agency operates in a partnership with the European Patent Office. The Cooperative Patent Classification database is intended to function as a common classification structure and help patent examiners access CPC symbols and allocations, Acentia said Monday. Under a one-year contract...

Air Force Taps 5 Firms for $75M Property Renovation IDIQ

NavyConstruction
The U.S. Air Force has awarded five positions on a potential one-year, $75 million contract for maintenance and repair work on military and federal property. The Air Force received 29 offers for the indefinite-delivery/indefinite-quantity, multiple-award construction contract and will award task orders to perform work, the Defense Department said Monday. Work will take place at Holloman Air Force Base,...

Chuck Harrington: Parsons Buys Secure Mission Solutions for Security, Defense Business Strategy

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Parsons Corp. has acquired Secure Mission Solutions from Riordan, Lewis & Haden Equity Partners for an undisclosed amount in a move to expand Parsons’ cybersecurity market presence. Secure Mission Solutions will be integrated into Parsons’ government services business unit that is led by Mary Ann Hopkins, Parsons said Friday. Chuck Harrington, Parsons chairman and CEO, said the acquisition...

Chris Formant Named Verizon Enterprise Solutions President; John Stratton Comments

Chris Formant
Chris Formant Chris Formant, a former group president and senior vice president at Avaya, has joined Verizon Enterprise Solutions (NYSE: VZ) as president and will have responsibility for the telecommunications company’s enterprise technology portfolio. He will lead a team that works to deliver Verizon’s cloud computing, workforce mobility, intelligent networking, security and connected...

Navy Increases Harris’ SATCOM Terminal Contract Ceiling to $250M; Ed Zoiss Comments

Harris w-Border
Harris Corp. (NYSE: HRS) will deliver 120 shipboard satellite communications terminals to the U.S. Navy under an eight-year, $133 million contract. This award increases the total potential value of the Commercial Broadband Satellite Program Unit Level Variant contract to more than $250 million through 2022, Harris said Monday. Ed Zoiss, vice president and general manager of defense programs for Harris...

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