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Obama: Sequestration ‘Will Not Happen’

With nearly two-and-a-half months to go before the scheduled start date of sequestration cuts, President Barack Obama asserted during the final presidential debate Monday night that the cuts “will not happen.” According to Federal News Radio‘s account of the debate, Obama said the budget his administration is considering focuses on... 

General Dynamics Wins $115M for Amphibious Ship Repairs, Upgrades

General Dynamics (NYSE: GD) was awarded a $115,016,340 contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause.... 

Harris Names Gregory Taylor Business Development Lead; Bill Brown Comments

Gregory Taylor Harris Corp. (NYSE: HRSHazard Ranking System) has appointed 23-year industry veteran Gregory Taylor vice president of corporate strategy and business development, a newly-created position. The company said he will report directly to Harris President and CEO Bill Brown and lead business development activities including mergers, acquisitions... 

Boeing-Lockheed JV Wins $412M For NASA Flood Monitoring, Water Cycle Satellite Launches

A Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT) joint venture has won a potential $412 million contract to help NASA launch three satellites, the agency announced Monday. United Launch Services, a subsidiary of United Launch Alliance, will provide task-ordered launch services, process payloads and integrate launch vehicles. ULS will also... 

DC Private Equity Firm Buys Catapult, Promotes Mark Hunker To CEO

Washington-based private equity firm DC Capital Partners has acquired Catapult Technology and has appointed Mark Hunker president and CEO. Catapult said Hunker succeeds Randy Slager, Catapult’s founder and CEO, who will join the board of directors and remain involved in strategic planning and business development. Hunker previously served as Catapult’s... 

Report: Pentagon Using New Pricing Data In Lockheed F-35 Talks

Lockheed’s F-35 / DoD Image Lockheed Martin Corp. (NYSE: LMT) and the Defense Department are getting closer to a new agreement for 32 F-35 Joint Strike Fighter aircraft, the Pentagon’s top weapons buyer said, Defense News reports. Frank Kendall, undersecretary for acquisition, technology and logistics, said the Pentagon is using new pricing... 

Boeing, GE Sign $108M AF Tanker Control Systems Agreement; Lorraine Bolsinger Comments

Boeing (NYSE: BA) has signed a potential $180 million contract with General Electric (NYSE: GE) for GE to provide mission control systems for a U.S. Air Force tanker. GE said work will include system design, development and production for the KC-46A tanker. Lorraine Bolsinger, president and CEO of GE’s aviation systems business, said the tanker... 

Logica Shareholders Approve CGI Acquisition; CEO Michael Roach Comments

CGI Group Inc. (NYSE: GIB) plans to complete its reported $2.7 billion acquisition of global information technology and management firm Logica byBudget Year Aug. 20, CGI announced Monday. Following Logica’s general meeting, 99.54 percent of that company’s shareholders voted in favor of accepting CGI’s cash offer. CGI will immediately... 

Harris Names Tania Hanna VP of Govt. Relations; William Brown Comments

Tania Hanna, Harris Harris Corp. (NYSE: HRSHazard Ranking System) announced Thursday itInformation Technology has appointed Tania Hanna vice president of government relations, to succeed Peter Challan, who was appointed VP of industry-specific programs in Harris’ mission critical networks business. Hanna joined the company in 2003 and most recently... 

MEP to Provide Linguist Services in Afghanistan Under $325M Award

Mission Essential Personnel has won a $325 million contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause.... 
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