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Tag Archives: News

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 maintaining ...

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

General Dynamics (NYSE: GD) was awarded a $115,016,340 contract modification to perform maintenance services on the U.S. Navy’s amphibious landing ship, the USS Oak Hill, the Defense Department announced Thursday. Through the modification the Falls Church,Va. will extend dry docking and modernization services. General Dynamics will also perform a variety ...

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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 ...

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