Recent Posts

ASRC Federal Lands Potential $319M Award for NASA KSC Infrastructure, Application & Comm Services

ASRC Federal‘s data solutions business has secured a potential five-year, $319 million to support infrastructure, applications and communication functions at NASA‘s Kennedy Space Center in Florida. NASA said Wednesday the company will also provide products and services to KSC as well as other NASA facilities at Cape Canaveral Air Force Station …

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Former Govt Execs Joanne Isham, Henry Muller Named to Polaris Alpha’s Advisory Board

Defense technology firm Polaris Alpha has added former government leaders Joanne Isham and Henry Muller to its board of advisers. Muller and Isham will work to provide strategic advice to the leadership team as the company delivers services to government, intelligence community and military clients, Polaris Alpha said Monday. Isham has more …

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Air Force Raises Boeing C-17 Sustainment IDIQ Ceiling by $7B

Boeing (NYSE: BA) has secured $7.13 billion in additional funds to continue to help sustain the U.S. Air Force‘s fleet of C-17 Globemaster III military transport aircraft under a contract modification. The Defense Department said Monday the modification raises the ceiling value of a previously awarded indefinite-delivery/indefinite-quantity contract following an increase in …

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HIG Closes $283M NCI Acquisition

Government information technology services provider NCI has been purchased and taken private by H.I.G. Capital in a cash deal worth approximately $283 million. H.I.G. wrapped up the acquisition one day after the completion of the investment firm’s $20-per-share tender offer for the Reston, Virginia-based contractor. Rick Rosen, an H.I.G. executive managing director, said in …

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Booz Allen Wins Potential $92M MDA Ballistic Missile Defense Cybersecurity Contract

Booz Allen Hamilton (NYSE: BAH) has won a potential five-year, $91.5 million contract to advise and assist the Missile Defense Agency on the cybersecurity management and computer network defense of the Ballistic Missile Defense System. The Defense Department said Tuesday Booz Allen will help MDA acquire, manage and operate information technology assets …

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Lockheed-Raytheon JV Awarded $134M to Supply 3 FMS Clients With Javelin Equipment

A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring engineering services …

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August 15th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.778 percent to settle at 100.788. Declining shares outpaced advancers 24 to 6. The major indices closed mixed today with the S&P500 declining 0.05 percent to 2,464.61, while DJIA moved up by 0.02 percent to 21,999.02, and the NASDAQ Composite decreased by 0.11 percent to …

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NASA Awards ManTech Potential $450M Jet Propulsion Lab IT Services Contract

ManTech International (Nasdaq: MANT) has received a potential 10-year, $450 million contract to provide management and information technology services in support of the Institutional Computing Environment at NASA‘s Jet Propulsion Laboratory. The company said Monday the contract’s base value is $180 million and work covers IT, collaborative engineering, integrated personal collaboration services, cybersecurity …

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August 14th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its upward trend from the 11th to close up 1.229 percent to 101.260. Advancing shares outpaced decliners 24 to 6. The major indices closed up today with the S&P500 advancing 1.00 percent to 2,465.84, while DJIA moved up by 0.62 percent to 21,993.71, and the NASDAQ Composite increased by 1.34 percent to 6,340.23. Crude oil …

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HIG Completes Tender Offer for NCI Shares, Eyes Close of Acquisition on Aug. 15

Private investment firm H.I.G. Capital has closed a tender offer of $20.00 per outstanding share of NCI (Nasdaq: NCIT) common stock Saturday as part of the former’s pending $283 million cash acquisition of the Virginia-based government information technology firm. The companies said Monday the tender offer covers 7,424,366 shares of Class A common stock …

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