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Category: News

RBC Bearings to Purchase Dover’s Sargent A&D Business; Michael Hartnett CommentsM&A Activity

RBC Bearings to Purchase Dover’s Sargent A&D Business; Michael Hartnett Comments

RBC Bearings has agreed to acquire Dover Corp.‘s (NYSE: DOV) Sargent Aerospace & Defense subsidiary for $500 million. Michael Hartnett,
Defense News: General Dynamics Ends Prime Role on Air Force T-X Trainer Program PursuitContract Awards

Defense News: General Dynamics Ends Prime Role on Air Force T-X Trainer Program Pursuit

General Dynamics (NYSE: GD) has decided to abandon the company’s pursuit for the U.S. Air Force’s T-X trainer replacement program as
Gordon Foster,  Former Northrop Exec,  Named ASRC Federal CFO; Mark Gray CommentsExecutive Moves

Gordon Foster, Former Northrop Exec, Named ASRC Federal CFO; Mark Gray Comments

Gordon Foster, formerly chief financial officer and director of business management at Northrop Grumman‘s (NYSE: NOC) civil systems unit, has
Accenture Closes Agilex Buy; David Moskovitz CommentsM&A Activity

Accenture Closes Agilex Buy; David Moskovitz Comments

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics,
March 26 Market Close: GovCon Index Snaps 3-Day Loss Streak,  Yemen News Sends Oil Price UpFinancial Report

March 26 Market Close: GovCon Index Snaps 3-Day Loss Streak, Yemen News Sends Oil Price Up

The GovCon Index  closed in positive territory Thursday for the first time in three days with a nominal gain of 0.280
NASA Issues 84 Awards for $20B Govt-Wide Enterprise IT VehicleContract Awards

NASA Issues 84 Awards for $20B Govt-Wide Enterprise IT Vehicle

NASA has awarded 84 contracts under the space agency’s potential 10-year, $20 billion government-wide information technology supplies and services acquisition
US Navy Awards Data Link Systems Contracts to Three FirmsContract Awards

US Navy Awards Data Link Systems Contracts to Three Firms

Computer Sciences Corp. (NYSE: CSC), Odyssey Systems Consulting Group and Tactical Engineering & Analysis Inc. have each won contracts to engineer and
USAF Taps 10 Small Businesses for $851M Engineering,  Acquisition Services IDIQContract Awards

USAF Taps 10 Small Businesses for $851M Engineering, Acquisition Services IDIQ

The U.S. Air Force has awarded 10 small businesses spots on a three-year,  $851 million indefinite-delivery/indefinite-quantity contract for engineering and technology acquisition support services.
Leidos Board Appoints CEO Roger Krone ChairmanExecutive Moves

Leidos Board Appoints CEO Roger Krone Chairman

Leidos (NYSE: LDOS) CEO Roger Krone officially became chairman of the board of directors on March 20, less than a year after
SupplyCore Wins $157M for Logistics Work in US Military’s Northwest RegionContract Awards

SupplyCore Wins $157M for Logistics Work in US Military’s Northwest Region

SupplyCore Inc. has won a potential five-year, $157.5 million contract with the Defense Logistics Agency to maintain, repair and operate