Search Results for: defense contractors

GovCon Wire’s August M&A Activity Recap; 7 of 11 Deals are for IT Specialists

Google (NASDAQ: GOOG) and Hewlett-Packard (NYSE: HPQ) may have made the biggest splashes in the acquisition market in August, announcing upcoming $12.5 billion and $11.7 billion cash purchases of Motorola Mobility and Autonomy Corp., respectively. But, government contractors were very active as well, making and announcing a steady clip of purchases and focusing particular …

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Parsons Teams with Chemical Weapons Specialist on $950M IDIQ

Parsons has teamed with performance improvement firm General Physics Corporation to work on the Defense Threat Reduction Agency’s cooperative threat reduction program. The five-year indefinite-delivery/indefinite-quantity contract with a one-year extension has a ceiling of $950 million. Parsons is one of four integrating contractors for the congressionally mandated and funded program. The program …

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General Dynamics to Acquire Fortress Technologies, Inc. for Cash

General Dynamics (NYSE: GD) has announced a definitive agreement to acquire secure wireless networking provider Fortress Technologies, Inc. for an undisclosed amount of cash. Each company’s board has signed off on the deal, and General Dynamics expects it to close in the third quarter of 2011 after customary regulatory approval. General …

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Monday DoD Winners Include Northrop Grumman, L-3

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded $16, 510, 592 for modification P00008 under a previously awarded cost-plus-fixed-fee completion contract (N00030-11-C-0004) for the Gas Generator Initiation System design and development, for common missile compartment.  Work will be performed in Sunnyvale, Calif. (85 percent), and …

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BAE Systems, L-3, M.C. Dean, Lockheed, Others Book Spots on Navy ID/IQ

According to the Department of Defense, “the following companies are being awarded an indefinite-delivery/ indefinite-quantity, cost-plus-incentive-fee with firm-fixed-price provisions, performance-based contracts:  Lockheed Martin (NYSE: LMT) for $34, 670, 212, Chenega Technical Services for $36, 009, 534, Dataline for $36, 193, 425, BAE Systems for $36, 194, 645, M.C. Dean for …

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Booz Allen, SAIC TASC Claim Lucrative MDA Advisory Deals

According to the Department of Defense, “the Missile Defense Agency (MDA) awarded advisory and assistance services contracts to Booz Allen Hamilton (NYSE: BAH) MacAulay-Brown, SAIC (NYSE: SAI) and TASC.  Each firm will receive an indefinite-delivery/indefinite-quantity contract to provide advisory and assistance services throughout MDA.  The contractors will assist the acquisition …

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Serco, Lockheed Martin Each Win Deals Worth over $800 Million

According to the Department of Defense, “Serco is being awarded an $852, 071, 893 cost-plus-incentive-fee, fixed-price-incentive (firm target), firm-fixed-price, cost-plus-fixed-fee multiple award contract for the successful installation and operational certification of Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) systems by the Space and Naval Warfare Systems Centers for …

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TASC Positive on DoD OCI Ruling

TASC is familiar with the organizational conflict of interest discussion. The firm was spun off by parent Northrop Grumman in 2009 to comply with shifting OCI regulation and since then has experienced an impressive time of growth and prosperity. Here’s a statement issued by the firm on the DoD’s newly …

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AT&T, T-Mobile, Verizon, Sprint-Nextel Book Wireless Deal with Navy

According to the Department of Defense, “AT&T (NYSE: T) Sprint-Nextel (NYSE: S), T-Mobile and Verizon Wireless (NYSE: VZ) are each being awarded an indefinite-delivery/indefinite-quantity multiple award task order contract to provide wireless service and devices to the Navy.  The maximum dollar value, including the base period and one six-month option …

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Raytheon, L-3 Move on to New Navy Contracts

According to the Department of Defense, “L-3 (NYSE: LLL) is being awarded a $24, 643, 046 modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00019-09-D-0018) for services in support of the commercial air services (CAS) program, which provides contractor-owned and -operated aircraft to Navy fleet customers and other Department of Defense …

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