Wesco Inks Deal to Buy Chemical Supply Chain Firm Haas for $550M; Randy Snyder Comments

acquisition
Wesco Aircraft Holdings (NYSE: WAIR) has agreed to acquire chemical supply chain management provider Haas Group from The Jordan Company for $550 million in cash. Wesco intends to close the acquisition by the end of March, pending closing conditions, and the deal has been approved by both Wesco’ and Hass’ board of directors, the companies said Thursday. A new $525 million term loan B facility...

Abby Lilly to Head Supply Chain of Eaton’s Aerospace Group

Eaton logo
Abby Lilly, formerly vice president of supply chain at GKN Aerospace, has joined power management contractor Eaton Corp. to serve in the same role. She led supply chain functions across 14 North American locations for GKN and is also a 14-year veteran of Rolls-Royce North America, Eaton said Wednesday. Her leadership roles at Rolls-Royce North America included operations VP, supply chain manager and...

Jacobs to Help Marine Corps Manage Weapons, MRAP Program; Robert Norfleet Comments

JACOBS logo_GovConWire
Jacobs Engineering Group Inc. (NYSE: JEC) has won two task orders worth $18.5 million combined to help the U.S. Marine Corps manage its logistics support services for warfighters. The company received the orders under the Marine Corps Logistics Support Services program, which is worth up to $854 million to 30 contractors, Jacobs said Tuesday. Robert Norfleet, a Jacobs group vice president, said...

Engility to Open $450M Credit Facility; Tony Smeraglinolo Comments

Tony Smeraglinolo
Tony Smeraglinolo Engility Holdings (NYSE: EGL) has closed on a $450 million senior secured credit facility that replaces its current $400 million credit facility. The fresh facility comprises of a $200 million term loan and a $250 million revolving credit with a five-year term, Engility said Monday. Engility also purchased an accordion feature to increase its debt commitment by an additional $150...

GovCon Wire Follows F-35 Executive Leaders, Intl Program Activity

F35
The F-35 Joint Strike Fighter is among the largest weapons acquisitions the U.S. government has ever undertaken and its impact extends around the world as countries seek to buy the jet. GovCon Wire, published by Executive Mosaic, follows the most important developments regarding the F-35 as its manufacturer Lockheed Martin (NYSE: LMT), its business partners and the government continue to dial in...

BAE Wins Navy SATCOM Operations, Maintenance Extension

BAE-systems-logo_GovConWire
BAE Systems has won a $27.4 million to continue operating and maintaining ground and satellite communications networks in Hawaii for the U.S. Navy. The company will perform work at the Lualualei facility and also be responsible for training and supply chain management services at three other facilities, BAE said Tuesday. That work will also occur at SATCOM Wahiawa Tactical Support Communications; Marine...

Report: Pentagon Considering Open F-35 Supply Chain, Equipment Competitions

The Defense Department plans to hold industry days Nov. 14 and Nov. 15 as it considers holding open competitions for sustainment work on the Lockheed Martin-made (NYSE: LMT) F-35 jet, Aviation Week reports. According to the report, the seminars will focus on possible opportunities to compete for work in supply chain management, support equipment, training simulators and a computer-based logistics system. Other...

CACI Wins $122M For Navy, Marines Enterprise Mgmt; Dan Allen Comments

Dan Allen CACI International Inc. (NYSE: CACI) has won a potential $122 million U.S. Navy prime contract to provide the branch with subject matter professionals. The company said the potential five-year indefinite-delivery/indefinite-quantity contract contains one base year and four option years and provides the company new work with the Naval Aviation Enterprise and Surface Warfare Enterprise. President...

Northrop Names Karen Williams Contracts VP; James Palmer Comments

Karen Williams Northrop Grumman has appointed Karen Williams vice president of contracts, pricing and supply chain, the company announced Thursday. She will report to James Palmer, chief financial officer and corporate VP, and succeed Susan Cote, who plans to retire from the company. Palmer said Williams brings experience in government contracting, general management and business management. She will...

Your Direct Source of Government Contract News

  • Provides up-to-the-minute gov-con news
  • The top GovCon coverage & interviews in one daily email

Sign up to effortlessly stay ahead of the industry