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Jane Edwards

HII Names Michael Smith as SN3 President, Scott Stabler as EVP, Chief Transformation Officer

Michael Smith, formerly executive vice president for strategy and development at Huntington Ingalls Industries (NYSE: HII), has been named president of HII’s SN3 business. He will directly report to Michael Lempke, president of the company’s nuclear and environmental group, HII said Wednesday. HII’s strategy and development group will report to Chris Kastner, EVP …

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ManTech Reports Increase in FY 2017 Revenue, Operating Income; Kevin Phillips Comments

ManTech International (Nasdaq: MANT) posted $1.72 billion in revenue for the full fiscal year 2017 that ended Dec. 31, up from $1.6 billion in FY 2016. ManTech said Wednesday it recorded $98.2 million in FY 2017 operating income, which reflects an 8 percent increase from the previous fiscal year. The company …

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Curtiss-Wright to Purchase Siemens’ Dresser-Rand Govt Business for $212M

Curtiss-Wright (NYSE: CW) has agreed to buy Siemens’ Dresser-Rand government business through a $212.5 million cash transaction. Curtiss-Wright said Tuesday it will operate Dresser-Rand as part of its power segment and expects to close the acquisition in April, subject to regulatory approval and other customary closing conditions. “The acquisition of Dresser-Rand’s …

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State Dept OKs $1.2B Apache Helicopter Upgrade Equipment, Services Sale to Netherlands

The State Department has approved the Dutch government’s request to procure from the U.S. government equipment and services to support upgrades to AH-64D Block II Apache attack helicopters under a potential $1.2 billion foreign military sales agreement. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal contractors in the proposed …

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Report: Japan Mulls Additional F-35A Fighter Jet Procurement

Japan plans to purchase over 20 additional Lockheed Martin-built (NYSE: LMT) F-35A fighter jets from the U.S. in the next six years, Reuters reported Tuesday. Sources said the East Asian country may directly procure F-35A conventional takeoff and landing variant from the U.S. for approximately $100 million each through a transaction …

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Navy Awards FFG(X) Frigate Conceptual Design Contracts to 5 Firms

The U.S. Navy has awarded five companies contracts to come up with a conceptual design of the service’s future guided missile frigate. The Naval Sea Systems Command received six proposals for the firm-fixed-price contracts as part of the FFG(X) ship program, the Defense Department said Friday. NAVSEA selected Austal, Fincantieri Marinette …

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Pamela Drew Joins Serco’s US Board; Dave Dacquino Comments

Pamela Drew, formerly executive vice president and president of information systems business at Harris’ (NYSE: HRS) Exelis subsidiary, has joined the board of directors of Serco’s North American arm. Serco Inc. Chairman and CEO Dave Dacquino said in a statement released Thursday Drew’s track record in new business pursuit and capture will …

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CenturyLink Unveils Strategic Govt Exec Leadership Team; David Young Comments

CenturyLink (NYSE: CTL) has named eight executives to the strategic government leadership team that will work to support federal agencies, educational institutions, national and regional public consortiums and defense companies. The company said Thursday the executives will directly report to David Young, regional vice president of strategic government, and help …

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Air Force Vet Mark Hughes Named ACT I CFO; Michael Niggel Comments

Mark Hughes, a retired U.S. Air Force colonel, has been appointed chief financial officer at Advanced Concepts and Technologies International. He will oversee the Arlington, Virginia-based government acquisition support services provider’s programs, budgeting and strategic planning efforts as well as assess merger and acquisition opportunities, ACT I said Thursday. Hughes’ “commercial …

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Arlington Capital Makes Intell Community Tech Push Through IAI Purchase

Arlington Capital Partners has purchased Chantilly, Virginia-based systems engineering and technical analysis services provider Integrity Applications Inc. for an undisclosed sum. The Washington-based private equity firm said Wednesday it plans to merge IAI with human intelligence platforms provider Xebec that Arlington Capital acquired in 2017. David Wodlinger, a partner at Arlington …

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