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 current defense spending levels rather...

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 of extended repairs on several shipboard...

Harris Names Gregory Taylor Business Development Lead; Bill Brown Comments

Gregory Taylor Harris Corp. (NYSE: HRS) 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 and divestitures. Taylor “will play a key role in establishing...

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 provide provide ground support, tracking and data...

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 chief operating officer and executive...

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 data to estimate acquisition costs, according...

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 platform will feature updated aerospace navigation...

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 by 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 start integrating the two businesses, which will have more...

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

Tania Hanna, Harris Harris Corp. (NYSE: HRS) announced Thursday it 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 served as VP of policy and legislative affairs. In her new position, she will lead company...

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

Mission Essential Personnel has won a $325 million contract modification to perform linguist and interpretation services for the U.S. Army. The company will provide the services in Afghanistan and complete contract work by Sept. 6, according to a Defense Department announcement. The U.S. Army Intelligence and Security Command, Fort Belvoir, Va., is the contracting activity. LinkedInShareTweet+1E-mail