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Lockheed Pursues $8B Japanese Contract with F-35 Fleet

Lockheed Martin (NYSE: LMT) will offer a final assembly of 40 F-35 Joint Strike Fighters to Japanese firms in an attempt to secure a $8 billion contract. Lockheed has also indicated that it will offer manufacture of major components, maintenance work and engine assembly of the F-35 to Japanese firms. …

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Forbes Raves About ‘Virginia Mecca’ of Defense Contractors

Forbes.com recently sought out to answer why northern Virginia has become the mecca for military contractors. The publication identifies the 1991 migration of General Dynamics from St. Louis to Falls Church, Va., as the start of a domino effect that has seen the majority of the 20 largest U.S. military contractors …

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AMERICAN SYSTEMS Names James Scampavia VP of Business Development; CEO William C. Hoover Comments

James Scampavia has today been named AMERICAN SYSTEMS’ vice president of business development. Scampavia will lead business development efforts including new customers, conducting capture strategies and developing winning proposals. Scampavia has more than 25 years of experience in marketing and business development in federal and local government markets. Prior to his …

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VSE Wins Potential $1.5B Contract From US Naval Sea Systems

VSE Corporation (NASDAQ: VSEC) has won a one-year $277 million cost-plus-award-fee, indefinite-delivery and quantity contract from the U.S. Naval Sea Systems Command. The contract options, if exercised, have a potential value of $1.5 billion over a five-year period. Per the contract, VSE will provide continuous lifecycle support for naval vessels bought, …

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GovCon Wire’s September M&A Activity Recap; Contractors Active Across Industry

While no clear sector focus dominated the merger and acquisition landscape in September, government contractors remained busy, closing on several interesting healthcare and cybersecurity deals and divesting some operations. The eight acquisitions GovCon Wire recorded were down from the 11 reported in August, but executive moves ramped up to seasonal …

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SAIC CEO Walt Havenstein to Retire June 2012

SAIC Inc. (NYSE: SAI) has announced that Walt Havenstein will retire as the company’s CEO, effective June 15, 2012. Havenstein said he was leaving for personal reasons. Havenstein has been an executive industry leader for more than 25 years and served as BAE Systems Inc.’s CEO prior to joining SAIC in September 2009. “The …

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NJVC Names New GM of IT, Programs and VP of Business Development; Jody Tedesco Comments

NJVC  has announced three executive-level management moves, naming: R. Jeffrey Bongianino as general manager of IT services Michael Carr as general manager of programs Paul Polcsan as vice president of business development. “Jeff Bongianino, Mike Carr and Paul Polcsan strengthen the NJVC management team, ” said NJVC President Jody Tedesco. “The …

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On $440M Army Contract, General Dynamics-led Team to Develop Combat Vehicle with Network Interoperability

A General Dynamics-led (NYSE: GD) team has won a $439.7 million contract for the technology development phase of the U.S. Army’s ground combat vehicle infantry fighting vehicle program. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will team with General Dynamics to fulfill the program’s goal of producing an affordable and operational infantry fighting vehicle in seven …

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DRS Appoints Former Booz Allen Director of Security Engel as VP of Security Operations

DRS Technologies, Inc. has appointed Richard “Lee” Engel as vice president of its security operations. Prior to joining DRS, Engel was director of security for Booz Allen Hamilton, where he managed security activities at the firm’s U.S. and worldwide locations. Engel previously held defense, special access and intelligence security positions …

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Army Names Awardees on $1B Force Protection IDIQ

The U.S. Army has awarded 16 contractors places on a $997 million indefinite-delivery/indefinite-quantity contract to provide force protection measures in theater and in the continental U.S. Awardees include: BAE Systems Technology Solutions & Services Co.,  North Charleston, S.C. DRS C3 & Aviation Company,  Gaithersburg, Md. ITT,  Colorado Springs, Colo. Science Applications …

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