Category: News

Harris to Sell Maritime Comm Business for $425M,  First Divestiture Since Jana PactM&A Activity

Harris to Sell Maritime Comm Business for $425M, First Divestiture Since Jana Pact

Harris Corp. (NYSE: HRS) has agreed to sell its maritime energy communications business to global satellite services company SpeedCast International for $425 million
Harris & Engility Top Wall Street’s Quarterly Earnings Forecasts,  KBR Reports 3Q Net LossFinancial Report

Harris & Engility Top Wall Street’s Quarterly Earnings Forecasts, KBR Reports 3Q Net Loss

Three GovCon Index-listed government contractors and one also included in the S&P 500 composite index posted quarterly financial results before
CACI Wins Potential $1.8B GSA Task Order to Support Pentagon’s Anti-IED OrganizationContract Awards

CACI Wins Potential $1.8B GSA Task Order to Support Pentagon’s Anti-IED Organization

The General Services Administration has awarded CACI International (NYSE: CACI) a potential five-year, $1.77 billion task order for analytical operations, intelligence and
DARPA Picks Raytheon for $175M Hypersonic Air-Breathing Weapon Phase II Research ContractContract Awards

DARPA Picks Raytheon for $175M Hypersonic Air-Breathing Weapon Phase II Research Contract

Raytheon (NYSE: RTN) has received a potential $174.7 million contract from the Defense Advanced Research Projects Agency to perform research work under
HPE Closes $275M Buy of Silicon Graphics International to Add High-Performance Computing FootprintM&A Activity

HPE Closes $275M Buy of Silicon Graphics International to Add High-Performance Computing Footprint

Hewlett Packard Enterprise (NYSE: HPE) has completed its acquisition of high-performance computing technology provider Silicon Graphics International for $275 million to
Lockheed to Sustain Air Force F-22 Jets Under $536M Contract ModificationContract Awards

Lockheed to Sustain Air Force F-22 Jets Under $536M Contract Modification

Lockheed Martin (NYSE: LMT) has received a $536.4 contract modification from the U.S. Air Force to provide sustainment services for
Textron’s AAI Subsidiary Gets $207M Army Contract for Australia RQ-7B UAS Logistics Sustainment ServicesContract Awards

Textron’s AAI Subsidiary Gets $207M Army Contract for Australia RQ-7B UAS Logistics Sustainment Services

AAI, a subsidiary of Textron (NYSE: TXT), has secured a potential $206.6 million foreign military sales contract with the U.S. Army to
BAE Vet Jeff McCray to Lead HII’s Australian Office as Business Devt VP; Mike Smith CommentsExecutive Moves

BAE Vet Jeff McCray to Lead HII’s Australian Office as Business Devt VP; Mike Smith Comments

Jeff McCray, former vice president of international business development at BAE Systems, has joined Huntington Ingalls Industries (NYSE: HII) to serve
October 31 Market Close: GovCon Index Closes in Tight Range,  Ends October Decline to Start New Earnings WeekFinancial Report

October 31 Market Close: GovCon Index Closes in Tight Range, Ends October Decline to Start New Earnings Week

Executive Mosaic’s GovCon Index traded in tight range Monday to record its third straight monthly decline with a second week of quarterly
Raytheon Vet David Trulio Joins Lockheed’s Intl Arm in VP Role; John Rood CommentsExecutive Moves

Raytheon Vet David Trulio Joins Lockheed’s Intl Arm in VP Role; John Rood Comments

David Trulio, former director of operations at Raytheon (NYSE: RTN) international sales organization, has been appointed vice president for international government affairs and