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Tag Archives: military

Leidos 3Q Earnings Top Wall Street Forecasts, Revenue In Line; Roger Krone on M&A Market


Leidos Holdings (NYSE: LDOS) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of 71 cents per share to exceed the consensus Wall Street forecast by 5 cents and prior year figures by 6 cents. Profit climbed 44.12 percent from the same …

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Lisa Atherton Appointed Military Business EVP at Bell Helicopter


Lisa Atherton, formerly vice president for global military business development at Bell Helicopter, has been appointed executive VP of the Fort Worth, Texas-based rotocraft manufacturer’s military business. She succeeds Mitch Snyder, who elevated to president and CEO at Bell Helicopter, and will oversee the Textron (NYSE: TXT) subsidiary’s strategic programs and business development efforts …

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Heidi Shyu Describes Army’s Open Architecture Approach, Tech Acquisition Environment to Potomac Officers Club

Heidi Shyu

Technology platforms with open architectures are a key aspect of the U.S. Army‘s large push to change how it brings new tools to soldiers in the battlefield, the service branch’s lead acquisition official told the Potomac Officers Club Wednesday. Heidi Shyu — assistant army secretary for acquisition, logistics and technology — also said at the POC …

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CAMSS Awarded $200M DLA Military Shelter Contract


CAMSS Shelters has won a $200 million contract with the Defense Logistics Agency to produce commercial shelters for the U.S. military. The contract contains a one-year base period and three one-year options, the Defense Department said Friday. CAMSS will manufacture the shelters in Washington through Aug. 6, 2016. DLA received …

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Leidos-Cerner-Accenture Team Wins Multibillion Dollar Military Health Record Contract


A team of Leidos (NYSE: LDOS), healthcare technology maker Cerner (Nasdaq: CERN) and Accenture (NYSE: ACN) has beaten two other industry teams for the Defense Department‘s multi-year, multibillion dollar contract to integrate a commercial electronic health records system across the Military Health System. DoD said Wednesday the contract has a $4,336,822,777 ceiling value over the initial two-year ordering period with two three-year option periods …

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USAF Awards 6 Companies Spots on $950M Military Construction Contract


Six companies have landed spots on a potential seven-year, $950 million contract from the U.S. Air Force to provide design, construction and architect-engineering services at government sites globally. The Defense Department said Monday that contractors will compete to perform A-E services to support military construction, family housing projects and programs …

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India Orders Support Systems for Lockheed-Built C-130J Aircraft


The State Department has approved India’s request to procure support services for the Lockheed Martin (NYSE: LMT)-built C-130J Super Hercules aircraft under a $96 million foreign military sale agreement. India orders AN/ALE-47 countermeasures dispensing systems, spare AN/ALR-56M radar warning receivers, flare cartridges, spare and repair parts, configuration updates and test …

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Defense News: General Dynamics Ends Prime Role on Air Force T-X Trainer Program Pursuit


General Dynamics (NYSE: GD) has decided to abandon the company’s pursuit for the U.S. Air Force’s T-X trainer replacement program as a prime contractor, Defense News reported Thursday. The company told the publication it made the decision after the information systems and technology group’s reorganization, which completed in January. Alenia Aermacchi originally partnered with …

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SupplyCore Wins $157M for Logistics Work in US Military’s Northwest Region


SupplyCore Inc. has won a potential five-year, $157.5 million contract with the Defense Logistics Agency to maintain, repair and operate the U.S. military’s logistics support program for the northwest region. The contract contains a two-year base period and two 18-month options, the Defense Department said Wednesday. Rockford, Illinois-based SupplyCore will …

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Michael Basla, Former Air Force CIO, Appointed to SVP Role at L-3


Michael Basla, a retired U.S. Air Force lieutenant general and a former chief information officer of the service, has joined L-3 Communications‘ (NYSE: LLL) national security solutions unit as senior vice president for strategic development. The company said Wednesday Basla will report to NSS President Les Rose and help oversee product development for L-3 NSS …

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