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Mary-Louise Hoffman

Lockheed Awarded $86M to Begin Long-Range Anti-Ship Missile Production for Air Force

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats. Lockheed’s missiles and fire control business will manufacture 23 Long-Range Anti-Ship Missiles at a company facility in Orlando, Florida, the …

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Boeing to Continue Navy Aircraft Spare Parts Supply Under $123M Delivery Order

Boeing (NYSE: BA) has been awarded a potential $122.8 million delivery order by the Defense Logistics Agency to supply aircraft spare parts to the U.S. Navy. The order falls under a previously awarded contract that contains a five-year base period along with one five-year option and work is scheduled to occur through …

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John Pitsenberger Named CFO of Former Harris IT Business

John Pitsenberger, former executive vice president and chief financial officer of Sotera Defense Solutions, has been appointed CFO of MHVC Acquisition Corp. — previously known as the government information technology services division of Harris (NYSE: HRS). MHVC CEO Stu Shea said in a statement released Tuesday Pitsenberger’s government contracting industry experience will …

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USAF Awards Raytheon $75M Small Diameter Bomb Tech Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential seven-year, $75 million contract to provide technical support services for a bomb technology designed to help fighter pilots destroy moving targets. Raytheon’s missile systems unit will perform lifecycle technical support under the engineering, manufacturing development, production and sustainment phases of …

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Navy Selects 3 Firms for Potential $300M Enterprise IT, Software Support Contract

Three companies have won spots on a potential eight-year, $300 million contract for product development and sustainment services to the U.S. Navy‘s program executive office for enterprise information systems. The Navy received 20 offers for the small business set-aside contract via an online solicitation and provided $10,000 to each of …

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7 Companies to Share in $900M Air Force Medical Facility Design-Build Contract

Seven companies have won spots on a potential five-year, $900 million contract to design and build healthcare facilities for the Air Force Medical Service across the U.S. Twenty-eight bids were submitted to the U.S. Army Corps of Engineers for the firm-fixed-price contract, the Defense Department said Friday. Work is scheduled to …

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EY Wins $149M Contract to Audit Navy Financial Statements

Professional services firm EY has won a potential $149.4 million contract from the Defense Finance and Accounting Service to help the U.S. Navy audit the service branch’s financial statements. DFAS received two quotes for the labor-hour contract with five base months and four option years, the Defense Department said Tuesday. The …

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Larry Prior: CSRA Targets Federal IT Modernization Projects as NES Buy Closes

CSRA (NYSE: CSRA) has closed its acquisition of NES Associates in a push to help government clients accelerate adoption of new information technology platforms for their digital transformation efforts. CSRA President and CEO Larry Prior first announced the deal at the company’s 2017 fiscal-year earnings call held May 24. Prior, an inductee …

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HIG Capital Inks $283M Cash Deal for NCI; Paul Dillahay Comments

Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of …

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Northrop Wins $93M Marine C2 Software Development, Maintenance IDIQ

Northrop Grumman (NYSE: NOC) has won a potential four-year, $93 million contract to help the U.S. Marine Corps develop and maintain software for a command and control personal computer system. The company will also provide software development and maintenance support for a tactical service oriented architecture under the indefinite-delivery/indefinite-quantity contract, the Defense …

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