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Mary-Louise Hoffman

2628 Posts

summarizes market-moving and breaking business news for government contracting executive readers to keep them informed about the latest GovCon M&A activity and financial aspects, executive moves and federal contract awards. She oversees daily team production for Executive Mosaic’s flagship GovCon Wire and contributes news content to GCW’s sister sites ExecutiveBiz and ExecutiveGov.

State Dept OKs Potential $1B Sale of Paveway Bombs,  Guidance Kits to Saudi ArabiaContract Awards

State Dept OKs Potential $1B Sale of Paveway Bombs, Guidance Kits to Saudi Arabia

Saudi Arabia has asked to buy $1.29 billion in air-to-ground munitions and associated equipment and support from the U.S. government under a
Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market PushM&A Activity

Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies
USAF Awards ULA $373M Contract Modification for Rocket Production ServicesContract Awards

USAF Awards ULA $373M Contract Modification for Rocket Production Services

United Launch Alliance has been awarded a $373.3 million contract modification by the U.S. Air Force to provide launch vehicle production services for two National
Blackstone to Purchase 17% Stake in NCR; Bill Nuti CommentsM&A Activity

Blackstone to Purchase 17% Stake in NCR; Bill Nuti Comments

Blackstone Group has agreed to acquire a 17-percent ownership stake in consumer transaction technology maker NCR (NYSE: NCR) for approximately $820 million. NCR said Thursday it aims
Reuters: Veritas Capital Bids to Acquire BAE’s US Staffing,  IT Services BusinessesM&A Activity

Reuters: Veritas Capital Bids to Acquire BAE’s US Staffing, IT Services Businesses

(NOTE: This summary was published prior to BAE Systems PLC’s announcement that it would not undertake the sale described in
France Requests $650M Lockheed C-130J Transport,  Refueling Aircraft SaleContract Awards

France Requests $650M Lockheed C-130J Transport, Refueling Aircraft Sale

The State Department has approved France’s request to purchase four Lockheed Martin-built (NYSE: LMT) transport planes and tankers from the U.S.
USAF Pushes Boeing Small Diameter Bomb FMS Contract Ceiling to $228MContract Awards

USAF Pushes Boeing Small Diameter Bomb FMS Contract Ceiling to $228M

Boeing (NYSE: BA) has been awarded a $130.1 million contract modification for the production of Small Diameter Bombs Increment 1 for foreign
Reuters: Verizon Mulls Enterprise IT Portfolio SaleM&A Activity

Reuters: Verizon Mulls Enterprise IT Portfolio Sale

Verizon (NYSE: VZ) is considering a sale of its enterprise-grade technology portfolio in order to concentrate on its consumer market business line, Reuters reported
Navy Awards Lockheed $113M F-35A Long Lead Parts Contract ModificationContract Awards

Navy Awards Lockheed $113M F-35A Long Lead Parts Contract Modification

Lockheed Martin (NYSE: LMT) has received a $112.8 million contract modification from the U.S. Navy to obtain an undisclosed number of long-lead
Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev PurchaseM&A Activity

Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev Purchase

Honeywell (NYSE: HON) has agreed to buy space hardware manufacturer Com Dev International for about $345 million in a push