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Contract Awards

Revised Cybersecurity Emergency Bill

Sen. John Rockefeller (D-W. VA), has written a revised draft of the proposed cybersecurity bill. The bill had initially caused alarm among interested parties due to language allowing the President to shut down the Internet in the case of a cybersecurity emergency. The current draft still gives the President the …

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$13.4 Million Contract Awarded to Northrop Grumman

A $13.4 Million Air Force contract was awarded to Northrop Grumman Corp. The contract calls for services on an unmanned aerial vehicle, Global Hawk. According to the Pentagon, Grumman will replace the Global Hawk’s current engine turbine with a commercial variant through engineering, manufacturing, and development services.

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Entrepreneur Brad Antle’s Latest Venture: Salient Solutions LLC

Led by CEO Brad Antle, newly-formed Salient Solutions LLC is set to compete for acquisitions in the government services industry.  Antle previously served as the president and CEO of SI International for three years, until it was bought by Serco in 2008. He’s not the only former SI International executive …

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Teresa Taylor Appointed COO of Qwest

On Monday, Business markets group head Teresa A. Taylor was appointed to fill the recently-vacated chief operation officer position at Qwest Communications International, Inc.  The move was made necessary after former COO Thomas E. Richards, who served for the past 13 months, left his post to accept an offer to …

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$72 million prime contract awarded to CACI

On Monday, CACI International announced the awarding of a $72 million prime contract by the U.S. Naval Criminal Investigative Service (NCIS). A new, performance-based contract that includes one base year, three option years and one award year, it requires CACI to provide technical support and services, expand support into new …

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Lockheed Martin Establishes Missile Defense Systems Business Unit Under Major Gen. John W. Holly

Lockheed Martin Corp. (LMT) has established a new Missile Defense Systems operating unit within Lockheed Martin’s Strategic and Missile Defense Systems division.  The new unit will be headed by Retired Army Major General John W. Holly and will include program management, engineering and production facilities in Huntsville and Courtland, Alabama, and …

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IBM’s Bets on Lithium-Air Batteries

Big Blue has launched an ambitious battery project  with the a goal of commercializing an experimental battery technology — lithium metal-air — in order to acheive over ten times the energy density of today’s best batteries. This week, IBM will host a gathering of some of the world’s top researchers in …

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Defense Secretary Robert Gates to Tour Lockheed Martin F-35 JSF Production Plant

Defense Secretary Robert Gates will visit a Lockheed Martin Corp (LMT) manufacturing facility that builds the F-35 fighter aircraft, the Pentagon’s costliest arms purchase program, a move that highlights its strategic importance to the DoD.

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Northrop Grumman Wins $5.84 Billion in Maintenance Contracts

Northrop Grumman (NYSE: NOC) have rallied after the company announced two new contract wins.  Northrop Grumman will overhaul the US Navy’s Theodore Roosevelt, a Nimitz-class nuclear-powered aircraft carrier carrier, for $2.4 billion and will provide maintenance and upgrade services to the Air Force for its B-2 bomber weapon system for $3.44 billion. Northrop Grumman is …

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