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Jane Edwards

Navy Picks 5 Firms for $99M NAVFAC Construction Support IDIQ

The U.S. Navy has awarded five companies spots on a potential five-year, $99 million contract to provide construction support services for the Naval Facilities Engineering Command. NAVFAC received 16 bids for the multiple-award, indefinite-delivery/indefinite-quantity contract that has a one-year base period and four one-year options, the Defense Department said Friday. The design-build contract covers housing renovation …

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State Dept OKs $319M Air Base Facility Construction Support Deal With Kuwait

The State Department has cleared Kuwait’s request to procure construction services in support of the establishment of various facilities at the country’s Al Mubarak air base under a potential $319 million foreign military sales agreement. Kuwait requested engineering, design, infrastructure assessment, contract administration, project management, surveys, acquisition and other technical services in support …

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Belcan Agrees to Buy Schafer, Taps Lee Shabe to Lead Newly Formed Govt Services Segment

Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said Thursday. Belcan CEO …

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Boeing, Leonardo DRS Subsidiary Land Navy Contracts for Destroyer Ethernet Installation Support

Boeing (NYSE: BA) and a Leonardo DRS subsidiary have received contracts worth up to $192.8 million combined to install Gigabit Ethernet Data Multiplex System hardware aboard the U.S. Navy’s DDG 51-class destroyers. The firm-fixed-price contracts also cover the provision of spare parts and checkout repair services for AN/USQ-82(V) GEDMS in support of Arleigh Burke-class …

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KeyW Wraps Up $235M Sotera Purchase

KeyW (Nasdaq: KEYW) has wrapped up its $235 million cash acquisition of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. Hanover, Maryland-based KeyW completed the transaction a month after it agreed to acquire Sotera as part of efforts to advance strategic growth and expand footprint in the intelligence community. Both companies expect the integration …

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McAfee Relaunches as Independent Security Company

McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bryan Taylor, a partner …

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Kay Kapoor Named President of AT&T’s Newly Formed Global Public Sector Business

Kay Kapoor, formerly head of federal business at AT&T (NYSE: T), has been named president of a newly created global public sector segment that consolidates the company’s government and education businesses. AT&T, which posted nearly $15 billion in public sector sales during 2016, offers communications and information technology platforms to government and education …

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John Heller: PAE Eyes Govt Services Portfolio Expansion Via FCi Federal Purchase

PAE has agreed to buy FCi Federal for an undisclosed sum in a move to expand service offerings for federal government clients. Both companies expect to complete the transaction over the next 45 business days pending regulatory approvals, PAE said Monday. FCi Federal will become a business unit of PAE following …

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ACT I Secures Booz Allen Subcontract for F-35 Program Office Engineering Support; Michael Niggel Comments

Advanced Concepts and Technologies International has secured a potential five-year subcontract from Booz Allen Hamilton (NYSE: BAH) to provide engineering services to the Naval Air Systems Command in support of the F-35 joint strike fighter program office. Booz Allen awarded the subcontract under a task order the company received through the …

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Saab to Develop Anti-Ship Missile System for Sweden Under $358M Contract

Saab has received a potential nine-year, $358.4 million contract from Sweden’s defense material administration to develop and produce an anti-ship missile platform for integration with the country’s Visby-class corvette ships and Gripen E fighter jets. The anti-ship missile system will have an updated target seeker and combat range as well as new …

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