Bill Toti: Cubic to Support Marines Training for Combat Readiness

Bill Toti
Bill Toti A Cubic (NYSE: CUB) operating company within its mission support services business will provide training support to the U.S. Marine Corps under a three-year, $46.5 million contract with the Marine Corps Systems Command. Cubic Applications will help the Marine Air Ground Task Force’s training systems support program in providing battle staff and C4 mobile training, command post and...

October 30 Morning Report: GovCon Index Down on Wednesday’s Close

GovConIndex
The GovCon Index closed Wednesday at 66.977, down 0.297 or 0.445 percent. The Federal Reserve has ended a bond-buying program it had imposed to stimulate the economy, an announcement Reuters said Wednesday sent indicators to finish on a low. The Dow Jones fell 31.44 points, or 0.18 percent, to 16,974.1. The Standard & Poors 500 fell 2.75 points, or 0.14 percent, to 1,982.3. Nasdaq lost 15.07...

Report: Israel to Place 2nd Lockheed F-35 Order

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Israel will order 25 Lockheed Martin (NYSE: LMT) F-35A fighters in addition to the 19 jets the nation committed to buy in 2010 from the U.S. government, Defense News reported Wednesday. Aaron Mehta writes the government of Israel ordered a first set of Lockheed-built conventional takeoff and landing fighters four years ago through the Defense Department‘s foreign military sales program. Israel...

Deb Alderson: Sotera Sells Expeditionary Systems Arm in ‘Pure Play Nat’l Security’ Push

Deb Alderson
Deb Alderson Sotera Defense Solutions has sold its engineered solutions division, a provider of services and components for U.S. military field kitchens and sanitary equipment, to military tent supplier Outdoor Venture Corp. for an undislclosed sum. Deb Alderson, Sotera chairman and CEO, said Oct. 22 that the sale is part of Sotera’s strategy “to become a leading pure play national security...

Booz Allen Purchases Health Informatics Firm Epidemico; Karen Dahut Comments

Karen Dahut
Karen Dahut Booz Allen Hamilton (NYSE: BA) has acquired Boston-based population health informatics company Epidemico for an undisclosed sum in a push to further develop analytics offerings in population health. Karen Dahut, a Booz Allen executive vice president, said Wednesday that the acquisition is “aligned to Booz Allen’s Innovation agenda, adding a creative and successful startup to...

Larry Renfro: Optum Makes Healthcare Market Push Through Alere Health Purchase

acquisition
Optum has agreed to acquire Alere‘s health management services business for $600 million cash in a bid to help government agencies, insurers and employers address public health problems. Alere Health offers medical condition management, wellness and home-based obstetrical services to more than 22 million customers across the U.S., Optum said Tuesday. “Adding Alere Health’s solutions and...

DLT Lands $322M Navy BPA for Symantec Software Licenses; Jerry Hill Comments

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DLT Solutions has won a potential five-year, $322 million blanket purchase agreement for Symantec product licenses and related support services to the Department of the Navy. The BPA contains one base year and four option years and was awarded through DON’s Enterprise Software Licensing Initiative, DLT said Tuesday. DLT also built an online customer portal where DON and Marine Corps users can...

Level 3 Buy of TW Telecom Set for Nov. 5 Closure

acquisition
Level 3 Communications (NYSE: LVLT) and tw telecom (NASDAQ: TWTC) shareholders have voted to move forward with Level 3’s acquisition of tw telecom, which the companies expect to close before an earnings call next week. Level 3 said Tuesday the majority has also agreed on the allocation of common stock to tw telecom stockholders and to increase the number of those authorized shares. The...

October 29 Morning Report: GovCon Index Up on Tuesday’s Close

GovConIndex
The GovCon Index closed Tuesday at 67.274, up 1.081 or 1.581 percent. Positive earnings pulled up U.S. markets with the Dow Jones industrial average closing 17,005.75 points, up 187.81 (1.1%), and the Standard & Poor’s 500 index at 1985.05, up 23.42 points (1.2%), USA Today reported Tuesday.   Top Percentage Gainers Company Stock Price % Change Maximus Inc. 46.37 5.53% Textron 40.49 4.11% ICF...

Ralph Alderson Named Dynamic Aviation SVP for Programs; Michael Stoltzfus Comments

Dynamic aviation
Ralph Alderson, former vice president for programs at L-3 Communications‘ (NYSE: LLL) unmanned systems division, has joined Dynamic Aviation as senior VP for programs. “He will be integral in guiding Dynamic Aviation’s strategic initiatives in the coming years,” Michael Stoltzfus, Dynamic Aviation president and CEO, said Tuesday. Alderson will oversee the acquisition, performance...