Category: News

Symantec,  Carlyle Group Modify Proposed Veritas Deal’s Value,  TermsM&A Activity

Symantec, Carlyle Group Modify Proposed Veritas Deal’s Value, Terms

The Carlyle Group (Nasdaq: CG) will pay $7.4 billion to acquire Symantec (Nasdaq: SYMC) subsidiary Veritas under amended financial terms
General Atomics Lands Air Force Contract for France’s 2nd MQ-9 Reaper SystemContract Awards

General Atomics Lands Air Force Contract for France’s 2nd MQ-9 Reaper System

General Atomics will deliver more MQ-9 Reaper unmanned aerial vehicles under a $43.7 million sole-source contract from the U.S. Air Force
January 19 Market Close: GovCon Index Shows PM Turnaround to Narrow Gain,  US Stocks MixedFinancial Report

January 19 Market Close: GovCon Index Shows PM Turnaround to Narrow Gain, US Stocks Mixed

The GovCon Index attempted to turn around sharp losses incurred mid-afternoon Friday during the day’s final trading hour and closed
Investment Firm Platinum Equity Inks Deal to Buy PAEM&A Activity

Investment Firm Platinum Equity Inks Deal to Buy PAE

Los Angeles-based investment firm Platinum Equity has agreed to purchase Arlington, Va.-based government services contractor PAE from New York City-headquartered
Pratt & Whitney,  DoD Agree on Lot 9 & 10 F-35 Propulsion Engine ProductionContract Awards

Pratt & Whitney, DoD Agree on Lot 9 & 10 F-35 Propulsion Engine Production

A United Technologies Corp. (NYSE: UTX) subsidiary has reached an agreement with the Defense Department to produce lots 9 and 10
GDIT Finance VP Mike Garrity Retires; Executive Mosaic’s Jim Garrettson CommentsExecutive Moves

GDIT Finance VP Mike Garrity Retires; Executive Mosaic’s Jim Garrettson Comments

Mike Garrity, vice president of finance and administration at General Dynamics‘ (NYSE: GD) information technology business, has retired after nearly
DLA Taps Apex Clean Energy for $497M Renewable Electricity Supply ContractContract Awards

DLA Taps Apex Clean Energy for $497M Renewable Electricity Supply Contract

Apex Clean Energy Holdings has secured a potential $497.3 million contract from the Defense Logistics Agency to supply the U.S. Army
Minburn Lands $115M SOCOM Order for Microsoft Software LicensesContract Awards

Minburn Lands $115M SOCOM Order for Microsoft Software Licenses

Minburn Technology Group has received a $115 million order to provide Microsoft (Nasdaq: MSFT) software licenses to the U.S. Special Operations
Wahid Nawabi Adds President Role at AeroVironment; Tim Conver CommentsExecutive Moves

Wahid Nawabi Adds President Role at AeroVironment; Tim Conver Comments

Wahid Nawabi, chief operating officer at AeroVironment (Nasdaq: AVAV), will assume additional duties as president of the company. Nawabi previously served
Greg Hanson Joins Zantech as COO; Zia Islam CommentsExecutive Moves

Greg Hanson Joins Zantech as COO; Zia Islam Comments

Greg Hanson, a former general manager at NCI Information Systems, has joined Zantech IT Services as executive vice president and chief operating