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M&A Activity

$25 Million Contract Awarded to Lockheed

The U.S. Navy has awarded Lockheed Martin Corp. a $25 Million contract modification for a sonar system upgrade. The upgrade will utilize commercial hardware and software and will be performed on Virginia Class ships which are in the process of being modernized. The work, which will take place pre-dominantly in …

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Cyber “Czar” Position of Concern to Langevin

Jim Langevin (D) Congressman from Rhode Island has expressed concern over the delay in selecting a cybersecurity “czar”. Speculation on who will be appointed to the position has resumed since Melissa Hathaway, acting senior director of Cybersecurity under the White House National Security Council, has announced her resignation. She was …

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Government Cyber Security Enhanced by Cenzic’s GovShield

Cenzic Inc. has announced the cybersecurity initiative, GovShield ™ which aims to protect the government Web infrastructure from potential attackers. The program will be overseen by David Kimball, who brings 20 years of experience to the position. GovShield will support government agencies in complying with federal regulations, including the Federal …

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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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