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Tag Archives: Acquisition

Report: India OKs $655M Boeing Apache Helicopter Buy

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two years after the country’s cabinet gave …

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Paragon TEC Awarded $76M NASA Acquisition, Business Support IDIQ

Paragon TEC has received a potential five-year, $75.8 million contract for business and acquisition support services to NASA‘s Marshall Space Flight Center and Michoud Assembly Facility. NASA said Saturday the company will support acquisition policy, accounting, budget integration and analysis, business best practices, procurement operations and paralegal functions at the two agency …

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CGI Plans More Acquisitions to Push Business Expansion; George Schindler Comments

TYSONS CORNER, VA, Aug. 4, 2017 — CGI (NYSE: GIB) CEO George Schindler has said the company is looking into additional acquisitions to further drive its business expansion efforts following several deals over the past year, ExecutiveBiz reported Thursday. CRN reported Wednesday that the company has more than 700 acquisition targets in its …

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Engility’s Wayne Rehberger Looks Back at TASC Acquisition

TYSONS CORNER, VA, Aug. 3, 2017 — Wayne Rehberger, chief financial officer of Engility (NYSE: EGL), has said the company’s acquisition of TASC in 2014 helped balance its strategic portfolio through the integration of the latter’s intelligence business, ExecutiveBiz reported Monday. Virginia Business reported Friday Rehberger played a role in integrating the companies …

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Marines Plan to Buy 13 Additional F-35s

The Marines plan to add 13 F-35s to their program, bringing the total to 2,456 jets, according to the latest figures included in the 2017 annual Selected Acquisition Report. The program’s acquisition costs rose to $406.5 billion from $379 billion, below SAR estimates, according to the report. Some of the …

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Engility Names Former Army Acquisition Chief to Board of Directors; Lynn Dugle Comments

TYSONS CORNER, VA, July 10, 2017 — Engility (NYSE: EGL) has added Katrina McFarland, former assistant secretary for acquisition, logistics and technology at the U.S. Army, to the company’s board of directors, GovCon Executive reported Friday. McFarland brings in experience from her work at the Defense Department, where she has also served …

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DSA Buys Project Performance Company, Adds Paul Strasser to Leadership Team

TYSONS CORNER, VA, July 7, 2017 — Data Systems Analysts has closed its acquisition of information technology firm Project Performance Company in efforts to deliver mission-critical solutions to the government IT sector, ExecutiveBiz reported Thursday. Paul Strasser, president and CEO of PPC, has joined the DSA leadership team upon the close of the agreement. …

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SSL’s Robert Zitz: Pending DigitalGlobe Purchase to Boost MDA’s Satellite Imagery, Analysis & Insights Portfolio

TYSONS CORNER, VA, June 14, 2017 — Robert Zitz, senior vice president and chief strategy officer at Space Systems Loral‘s government systems business, has said the pending acquisition by parent company MacDonald, Dettwiler and Associates of DigitalGlobe (NYSE: DGI) would enable MDA to build up support for intelligence and defense agencies, ExecutiveBiz reported …

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CSRA Lands Task Order for Continued Acquisition Support to PEO Aircraft Carriers

TYSONS CORNER, VA, June 9, 2017 — CSRA (NYSE: CSRA) will continue to provide acquisition support to the Naval Sea Systems Command‘s Program Executive Officer for Aircraft Carriers over five years under a $61 million task order, ExecutiveBiz reported Thursday. The company said Wednesday the task order covers acquisition program support services across all …

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Former DoD Acquisition Chief Frank Kendall Rejoins Renaissance Strategic Advisors

The Honorable Frank Kendall has rejoined aerospace and defense advisory firm Renaissance Strategic Advisors as an executive in residence. “We are excited to have Frank rejoin the RSAdvisors team after such a distinguished term in government service. His keen analytical mindset, depth of expertise and intellect will be a great …

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