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Tag Archives: development

KBR CEO Stuart Bradie: Wyle Purchase Adds US Govt R&D Contracts as Complement to Overseas Work

acquisition, merger

KBR‘s (NYSE: KBR) move to purchase U.S. government engineering and technical services contractor Wyle Laboratories for $570 million aims to add a pipeline of domestic research-and-development services to federal agencies as a complement to work carried out overseas, KBR CEO Stuart Bradie told investors Monday. Bradie said a majority of KBR’s government …

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Army Picks Six Firms for $504M Domain 2 Design, Integration Contract


The U.S. Army has selected six companies to provide Domain 2 design, test and integration services in support of the Space and Missile Defense Command under a $504 million contract. The Defense Department said Thursday the contract was awarded to Colsa, CybEx, Decisive Analytics, MEI Technologies, Sentar and Torch Technologies. The …

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Johns Hopkins’ APL Awarded $405M for Special Operations Analysis, Studies


Johns Hopkins University’s Applied Physics Laboratory will carry out analysis work and studies in areas related to science and technology for Special Operations Command under a five-year, $405 million contract. The Defense Department said Tuesday APL will also perform experiments, engineering and developmental work in order to apply investigative findings …

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Boeing to Consolidate Defense, Space Development Functions; Chris Chadwick Comments

Chris Chadwick

Boeing (NYSE: BA) will merge its defense and space business development operations into a single organization with the goal of addressing program risks and cost issues. Chris Chadwick, CEO of Boeing’s defense, space and security business, said Wednesday the future BDS development group will “apply engineering expertise, development program best …

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Rami Rahim Named Juniper Networks CEO

Rami Rahim

Rami Rahim, former executive vice president and general manager of Juniper Networks‘ (NYSE: JNPR) development and innovation segment, has been promoted to CEO. Juniper said Monday Rahim, a 17-year veteran ofthe company, will also join the board of directors. “He is a talented leader who brings deep instincts about the networking industry, and …

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Fulcrum IT Eyes Healthcare, HR Portfolio Expansion Through Corbin Buy; Jeff Handy Comments

Fulcrum IT has acquired technology engineering services provider Corbin Co., a prime contractor on a close to $2 billion U.S. Army contract for sensor technology support. Corbin provides cybersecurity and sensor technology services, among others, and will expand Centreville, Va.-based Fulcrum’s healthcare and human resources portfolio to include change management and strategic …

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Raytheon Wins $248M to Operate MDA X-Band Radars

Raytheon (NYSE: RTN) has won a $248 million contract option from the U.S. Missile Defense Agency to operate radars for the agency’s sensors program, the Defense Department announced Friday. This award covers option period one of a hybrid, cost reimbursement contract and MDA will obligate funds for this option through …

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General Dynamics Wins $395M For Abrams Tank R&D, Testing

General Dynamics (NYSE: GD) has won a $395,462,993 U.S. Army contract to perform research, development and testing for the Abrams tank. According to a Defense Department release, the company will develop an engineering change proposal under the cost-plus-incentive-fee contract. Work will occur in Sterling Heights and Lima, Ohio through April …

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Accenture Wins Spot on $750M State Dept. IT Contract; Amy Tener Comments

Accenture (NYSE: ACN) has won a $750 million prime contract with the U.S. Department of State to deliver technical support and consulting services to the agency, the company announced today. Accenture received the award along with eight prime contractors under the indefinite-delivery/indefinite-quantity Development, Modernization, Enhancement contract vehicle The DME contract, with …

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