News

The Defense Logistics Agency has selected 10 companies to provide fuel products under a one-year indefinite-delivery/indefinite-quantity contract with a 30-day carryover period. DLA's energy unit received 21 offers for the IDIQ through a competitive acquisition process and will finance orders using fiscal 2019 defense working capital funds, the Department of Defense said Thursday.

A business unit of BAE Systems will engineer and integrate systems the U.S. Army uses to defend rotary and fixed-wing aircraft against missile threats as part of a potential seven-year, $242.2M contract. The company's information and electronic systems integration business will a provide integration, engineering, logistics and technical support for the OT-225 Advanced Threat Infrared Countermeasures System and the AN/AAR-57(V) Common Missile Warning System, the Department of Defense said Wednesday.

Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) will build competing prototypes of a 50 kilowatt-class laser weapon system for Stryker vehicles under a potential $203M other transaction authority agreement secured by Kord Technologies from the U.S. Army.

Jim Garrettson, founder and chief executive officer of Executive Mosaic, presented Lt. Gen. Robert Ashley, director of the Defense Intelligence Agency (DIA), with his second consecutive Wash100 Award during Potomac Officers Club’s 6th Annual Intel Summit on Wednesday. 

Perspecta (NYSE: PRSP) has completed its $250M acquisition of Knight Point Systems. The purchase seeks to expand Perspecta's cloud, cyber, digital transformation and enterprise IT offerings intended to help modernize and transform government mission delivery, the company said Thursday. Baird served as the exclusive financial adviser to Knight Point Systems on the transaction.

Salesforce (NYSE: CRM) has finalized its acquisition of Tableau Software for approximately $15.7B in a push to expand capabilities to help customers advance their digital transformation efforts and generate insights from data.

The board of directors of ICF (NASDAQ:ICFI) has approved President and Chief Operating Officer John Wasson to succeed Sudhakar Kesavan as CEO of the global consulting services provider by Oct. 1.

SSFM-NOEI has secured a potential five-year, $100M contract from the U.S. Navy to provide architect-engineer services for Naval Facilities Engineering Command's structural projects within Hawaii.

Crowley Maritime's logistics subsidiary has received a one-year, $328M contract modification from U.S. Transportation Command to coordinate the movement of Department of Defense cargo shipments within the continental U.S. and Canada.

Defense Secretary and 2019 Wash100 Award recipient Mark Esper will review the potential 10-year, $10B Joint Enterprise Defense Infrastructure cloud computing contract before the Department of Defense awards it, the Wall Street Journal reported Thursday.