Mark DeYoung ATK (NYSE: ATK) has agreed to purchase the parent company of hunting rifle and shotgun manufacturer Savage Sports Corp. for $315 million cash as ATK seeks to grow its commercial and security ammunition business. The acquisition of the Caliber Company is subject to regulatory approvals and other customary closing conditions and ATK expects... 

Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for the first quarter of its 2013 fiscal year, ended March 31, 2013. Total revenue increased 2.8 percent to $233.9 million over the $227.6 million from the prior year period and profit grew 13.1 percent to $10.1 million over the $8.9 million from the previous year. Commercial... 

ITT Exelis (NYSE: XLS) has won a contract worth at least $10 million to develop an airborne minesweeper for the U.S. Navy to use for its anti-access, anti-denial strategy. The company will build an MK 105 Mod 4 system for the Naval Surface Warfare Center in Panama City, Fla. as the Navy aims for the system to help its airborne mine countermeasures strategies... 

Eight companies have won potential $6.9 billion information technology products contract with the U.S. Air Force, covering commercial-offOffice Forms Facilitator-the-shelf products for the branch’s Internet Protocol network. The Air Force awarded the potential six-year contract as a result of corrective action taken last year, the Defense Department... 

Lockheed Martin (NYSE: LMT) has won a a $29,478,449 to design, engineer and build commercial-equipment for Aegis computer programs and equipment. The company’s mission systems and training business will also help develop and test the equipment for an Aegis modernization program under a foreign military sales agreement, the Defense Department said... 

Mark Hewitt Mark Hewitt, former senior vice president for technology solutions strategy at QinetiQ North America, has been promoted to executive vice president and chief strategy officer. Hewitt will be responsible for developing strategies and will also oversee QNA’s defense and commercial innovation programs, the company said Wednesday. He will... 

Defense technology maker Curtiss-Wright Corp. (NYSE:CW) has won a potential $250 million contract to build a mission computer and a network switch for a BAE Systems-Northrop Grumman team (NYSE: NOC) pursuing a U.S. Army ground vehicle program. The BAE-Northrop team is one of two teams holding a technology development contract for the Army’s Ground... 

Rajesh Natarajan AT&T aims to take its products and services from the commercial sector and make them repeatable for the federal space, Rajesh Natarajan recently told ExecutiveBiz in an interview. Natarajan spoke with ExecutiveBiz as part of its continuing series of executive spotlights, where GovCon thought leaders overview their current roles and... 

Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for both its fourth quarter and full 2012 fiscal year ended Dec. 31, 2012. Full year revenue increased 11.5 percent to $937.1 million and fourth quarter revenue increased 8.4 percent over the prior-year period to $232 million. Profit for the full year increased 9.2 percent... 

BAE Systems has sold its commercial armored vehicles business to a Cincinnati-based security and defense company for $10 million. The O’Gara Group acquires a business itInformation Technology formerly owned until 2001 and the transaction reunites the business’ former owners, members of management and other employees, the company said Monday. O’Gara...