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Balan Ayyar Adds President Role at Sevatec

Balan Ayyar

Balan Ayyar has been named president of Sevatec in addition to his role as chief operating officer at the Fairfax, Va.-based technology services provider. Ayyar will expand his responsibility to include oversight of the firm’s operations, growth and delivery teams, Sevatec said Thursday. The 26-year Air Force veteran joined the company in August …

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Steve Demetriou: Jacobs to Restructure Business Line Management Team

JACOBS logo_GovConWire

Jacobs Engineering (NYSE: JEC) has decided to restructure its executive leadership structure around four business segments under an initiative that the company expects to complete during the first quarter of its fiscal 2016. Steve Demetriou, Jacobs president and CEO, said Wednesday the company will implement the new structure in an …

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WSJ: Dell in Advanced Talks for Potential $50B EMC Buy, VMware Spinoff

acquisition, merger

Dell and its private equity parent firm Silver Lake are currently in advanced negotiations to buy EMC (NYSE: EMC) and spin off the VMware (NYSE: VMW) business from EMC after the transaction, the Wall Street Journal reported Wednesday. Liz Hoffman, Dana Mattioli and Joann Lublin write the companies could either reach an agreement or end …

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October 7 Market Close: GovCon Index Rebounds, US Stocks Ride Healthcare Recovery


The GovCon Index bounced back from its previous day decline with a gain of 1.415 percent to close at 72.824 Tuesday on a choppy trading day for U.S. markets. The three major stock indices rose at least one percent before 10:30 a.m. Eastern time before a sharp decline in the late morning portion …

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ManTech Awarded Potential $250M Cyber Range Contract; Bill Varner Comments

Bill Varner

ManTech International (Nasdaq: MANT) has been awarded a potential four-year, $250 million contract to provide cyber training services to Defense Information Systems Agency and U.S. Marine Corps personnel. ManTech will work to design, test and maintain cyber range and training environments built to simulate computer network operation scenarios, the company said Wednesday. …

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State Dept Clears Spain’s $243M General Atomics Reaper UAV Purchase


The State Department has approved Spain’s request to purchase four General Atomics-built Reaper unmanned aerial vehicles and associated equipment from the U.S. under a $243 million foreign military sale. The Defense Security Cooperation Agency said Tuesday the order also includes 20 positioning and guidance units, two mobile ground control stations, five Multi-Spectral Targeting Systems and five Lynx …

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Northrop Receives $92M Contract Modification to Develop US Navy EW Systems

northrop Grumman_BLUE

Northrop Grumman (NYSE: NOC) has received a $91,735,291 contract modification to engineer and develop the U.S. Navy’s electronic warfare systems. The company will upgrade the electronic attack capabilities of AN/SLQ-32(V) EW systems under the Surface Electronic Warfare Improvement Program Block 3 program, the Defense Department said Monday. Northrop will carry …

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Steven Mahon Joins SAIC as EVP, General Counsel; Tony Moraco Comments

Steve Mahon

Steven Mahon, formerly senior vice president, general counsel, chief compliance officer and corporate secretary of MTS Systems, has joined Science Applications International Corp. (NYSE: SAIC) as executive VP and general counsel. Mahon is set to take over the position from Mark Schultz on Nov. 9 and will report to CEO …

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October 6 Market Close: GovCon Index Dips as Oil Rises, Dollar Weakens


The GovCon Index struggled for gains Tuesday after a positive open and closed at a decline of 0.357 points to 71.808. U.S. stocks declined after five days of positivity as biotechnology shares declined and investors also responded to the International Monetary Fund’s statement that the organization remain concerned over economies in developing nations, …

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Tom Romeo: Maximus Extends 15-Year ‘Ticket to Work’ Program Support

Tom Romeo

A subsidiary of Maximus (NYSE: MMS) will extend its support for the U.S. Social Security Administration‘s Ticket to Work Program for up to five years under a potential $69.4 million contract. Maximus said Tuesday its federal services arm will provide oversight and process support for program operations such as marketing and outreach, employment network payments and …

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