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M&A Activity

Contract Worth up to $430 Million Awarded to Northrop Grumman

The U.S. Army awarded Reston based, Northrop Grumman with an indefinite delivery/indefinite quantity contract worth up to $430 million if all options are exercised. The contract term is five years and specifies continuing the existing service agreement between Grumman and the 1st Information Operations Command in Fort Belvoir, VA. Under …

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HP to Provide US Air Force with Latest Technologies

The U.S. Air Force has chosen HP to outfit it with HP workstations and desktop PCs under its enterprise IT purchase program, part of the USAF DLS (desktop, laptop and servers) Quarterly Enterprise Buy. Outlined in the contract are customized security specifications that HP will provide. The new order will …

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Renaissance to Advise Horne International Inc. in New Strategy

Washington D.C. firms Horne International Inc. and Renaissance Strategic Advisors have joined together in order to re-focus Horne’s strategy. Horne International has just completed a two-year internal restructure and is interested in gearing themselves towards the engineering services market with a particular focus on a strong environmental, energy and security …

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$70 Million Contract Awarded to CACI

The U.S. Navy’s Military Sealift Command has awarded Arlington based CACI, provider of IT solutions and professional services, a contract worth $70 million to provide them with development support services for engineering systems and integrated logistics. The MSC works to deliver supplies and provides transportation services for all U.S. Military …

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KBR Inc. Announces New Unit

Houston based firm KBR Inc. has announced the formation of a new group entitled Government, Defense and Infrastructure Business Group. William Utt, CEO, Chairman and President of KBR released a statement highlighting the company’s need for an all encompassing department. The group will absorb the existing Government and Infrastructure Business …

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Follow-on to ETOSS Awarded to CACI

Arlington based CACI International Inc. was awarded a Technical Engineering Support Services contract, that is valued at up to $900 Million, as a follow-on to the existing Engineering, Technical and Operations Support Services agreement. The contract allows for the firm to support the Communications-Electronics Research, Development and Engineering Center Intelligence …

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$6.1 Million Contract Awarded to SAIC

The Pentagon announced late Wednesday that the Army has awarded a $6.1 Million contract to Science Applications International Corp. (SAIC). The contract calls for the firm to develop programs dealing with radio frequency signal and to demonstrate the same. The contract is scheduled to be completed on May 14, 2012 …

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USDA Awards $30 Million Contract To CSC and Six Others

A one year contract with four one-year options was awarded to six companies, among them is Falls Church based CSC. The contract calls for the firms to provide security support and has a $30 Million ceiling value for the six combined. CSC will compete with the other firms to implement …

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Albert Gonzales, Cybercrime Kingpin Behind 130 Million Stolen Credit Cards, Indicted

Albert Gonzales, aged 28, believed by police to be one of the nation’s largest cybercrime kingpins, was indicted Monday along with two Russian accomplices for the largest hacking/identity theft caper in U.S. history.  Federal prosecutors allege that the trio stole data from 130 million credit and debit cards worldwide by …

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