Category: News

Albany International Closes $210M Purchase of Harris Aerostructures BusinessM&A Activity

Albany International Closes $210M Purchase of Harris Aerostructures Business

Rochester, New Hampshire-based specialty materials processing company Albany International (NYSE: AIN) has wrapped up its acquisition of Harris Corp.‘s (NYSE: HRS)
General Dynamics Secures Potential $193M Army Contract for Penetrator Bomb ComponentsContract Awards

General Dynamics Secures Potential $193M Army Contract for Penetrator Bomb Components

A General Dynamics (NYSE: GD) business unit has received a potential five-year, $193 million contract from the U.S. Army to build penetrator bomb bodies and components.
Boeing to Deliver 117 Apache Helicopters Under $923M Army Contract ModificationContract Awards

Boeing to Deliver 117 Apache Helicopters Under $923M Army Contract Modification

Boeing (NYSE:BA) has received a $922.6 million U.S. Army contract modification to deliver 117 AH-64E Apache combat helicopters. The Defense Department
DOE Exercises $750M Option to Extend Fluor-Led Team’s Portsmouth Plant Decommissioning WorkContract Awards

DOE Exercises $750M Option to Extend Fluor-Led Team’s Portsmouth Plant Decommissioning Work

The Energy Department has exercised a contract option valued at $750 million to extend decontamination and decommissioning work at the Portsmouth
Engility Lands Potential $248M DTRA R&D Advisory ContractContract Awards

Engility Lands Potential $248M DTRA R&D Advisory Contract

Engility (NYSE: EGL) has secured a potential five-year, $247.9 million contract to advise and assist in the Defense Threat Reduction Agency™s research and
April 7 Market Close: GovCon Index Sinks 1% as Investors Worry Over Central Bank PolicyFinancial Report

April 7 Market Close: GovCon Index Sinks 1% as Investors Worry Over Central Bank Policy

The GovCon Index suffered its largest percentage drop in two months Thursday at 0.987 percent — or -0.738 points — to 74.031 with
State Dept OKs Australia’s Request for $386M in Boeing Small Diameter BombsContract Awards

State Dept OKs Australia’s Request for $386M in Boeing Small Diameter Bombs

The State Department has cleared a potential $386 million foreign military sale of GBU-39/B Small Diameter Bombs Increment 1 weapons and related equipment to
Booz Allen Vet Mark Gerencser Joins Alion Science’s BoardExecutive Moves

Booz Allen Vet Mark Gerencser Joins Alion Science’s Board

  Mark Gerencser, the three-decade Booz Allen Hamilton (NYSE: BAH) veteran and six-term director there, has joined the board of
Orbital ATK to Help NASA Build,  Launch Suborbital Rockets Under $200M ContractContract Awards

Orbital ATK to Help NASA Build, Launch Suborbital Rockets Under $200M Contract

Orbital ATK (NYSE: OA) has been awarded a potential five-year, $199.5 million contract to provide rockets and launch services for NASA to
Nick Khoubbieh Joins Ultra Electronics 3eTI as Cyber,  Security Services VP,  GMExecutive Moves

Nick Khoubbieh Joins Ultra Electronics 3eTI as Cyber, Security Services VP, GM

Nick Khoubbieh, a three-decade information technology veteran, has joined Ultra Electronics 3eTI as vice president and general manager for integrated