GovCon Wire Your Direct Source for Government Contracting News

Ken Possenriede, chief financial officer of Lockheed Martin (NYSE: LMT), has said the company forecasts $5B worth of programs within the next couple years to produce hypersonic technology platforms, Inside Defense reported Thursday.

A buyout group comprised of Apax Partners, Warburg Pincus and two Canada-based pension funds has completed the acquisition of global satellite communications company Inmarsat through an approximately $3.3B transaction, SpaceNews reported Thursday.

Tidewater has won a potential five-year, $230M contract to provide environmental support services to the U.S. Army Corps of Engineers. USACE received 25 bids for the firm-fixed-price contract via the internet, the Department of Defense said Thursday.

The Air Force has issued a presolicitation notice to seek information on a new aircraft to replace its fleet of legacy E-4B National Airborne Operations Center planes. A notice posted Wednesday on beta SAM website says the proposed Survivable Airborne Operations Center Weapon System aircraft will be a key National Military Command System component in support of the president, defense secretary and the Joint Chiefs of Staff.

The U.S. Navy has awarded four companies a $92M modification that increases the potential value of an indefinite-delivery/indefinite-quantity contract for global contingency construction services to $1.24B. AECOM's (NYSE: ACM) URS subsidiary, Jacobs Engineering Group's (NYSE: JEC) CH2M business, KBR (NYSE: KBR) and Environmental Chemical Corp. hold positions on the IDIQ.

General Dynamics' (NYSE: GD) Bath Iron Works subsidiary has received a one-year, $145.7M contract modification to continue integrated planning yard efforts for the U.S. Navy's Arleigh Burke-class guided missile destroyers.

The General Services Administration could grant Granite Telecommunications and MetTel authorities to operate on the 15-year, $50B Enterprise Infrastructure Solutions contract by the end of the year, FCW reported Wednesday.

Jaqueline Duley, a former vice president at Engility and ActioNet, has been appointed strategic initiative officer for Leidos’ (NYSE: LDOS) government health and safety solutions division, G2Xchange ETC reported Thursday.

ManTech International (Nasdaq: MANT) has partnered with General Dynamics’ (NYSE: GD) information technology and mission systems businesses to pursue the U.S. Army’s potential $957M contract vehicle for cyber training services in support of the Persistent Cyber Training Environment.

Stephen Szeremeta, a prominent lawyer in the government contracting industry, has published his first children’s book “I Will Carry You: A Christmas Story.”