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Search Results for: Exelis

UPDATE: Army Picks 20 Firms for $10B Tactical Communications IDIQ; Bob Durbin Comments

The U.S. Army has awarded 20 companies the opportunity to compete for task orders on the Global Tactical Advanced Communications Systems contract, according to Defense Systems. The indefinite-delivery, indefinite-quantity contract is meant to supply the Army’s Program Executive Office for Command, Communications and Control – Tactical with state-of-the-art communications devices and systems. “The initial task orders …

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Army Offering $988M for Advanced Vehicle Radio Procurement

The U.S. Army is seeking contractors for a $988 million multiple award contract that will supply the branch with advanced vehicle radios for the next decade, reports NextGov. According to the Bob Brewin article, the award calls for single-channel vehicle radios that run the government-owned joint tactical radio system soldier …

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Army Names 1st Set of Awardees on $23B Logistics Vehicle

The U.S. Army has selected a group of contractors to compete for task orders on a $23.5 billion logistics support contract vehicle, Washington Technology reports. Lockheed Martin (NYSE: LMT) announced Tuesday it holds a position on the Enhanced Army Global Logistics Enterprise program, which the company said is structured as …

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June GovCon M&A Activity Recap

Specialty cybersecurity and business analytics companies were in demand in the GovCon acquisition market in June, as a ship repair company acquisition, a spin-off and a major in-house merger capped the M&A landscape. Here are the ten deals GovCon wire covered in June. ITT Exelis acquired Space Computer Corp., a …

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NGA Awarding GeoEye $111M For Satellite Milestone; Matt O’Connell Comments

GeoEye Inc. (NYSE: GEOY) will receive $111 million from the National Geospatial-Intelligence Agency after completing a milestone in developing the GeoEye 2-satellite, the company announced Thursday. NGA is awarding the cost-share payment under a firm-fixed-price contract, covering the agency’s EnhancedView program. Defense and intelligence agencies will receive color imagery from …

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NJVC Names IT Services Practice Lead, Capture Directors; Jody Tedesco Comments

NJVC has appointed Jan Sherwin practice lead for enterprise management services and information technology services and Mark Cronk and Willie Lau directors for capture. President Jody Tedesco said in a release that the appointments were made to help the company reach its strategic goals and move the company into new …

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Lockheed Wins $238M to Produce GPS III Space Vehicles

The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) space systems company a $238, 489, 236 contract to begin production of GPS III Space Vehicles three and four, the Pentagon announced Wednesday. The space vehicles will offer increased m-code anti-jam capabilities while enabling full earth coverage, according to an Air …

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November Executive Move Recap; 21 Moves all Across GovCon

No time to waste, see all 21 executive moves GovCon Wire covered in November below. Business Development  SRA International appointed Deb Alderson to guide the firm’s efforts to enter new markets and land large customer accounts in the newly created position of executive vice president of strategic development. CACI International …

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

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David Melcher Comments on Completed ITT Spinoffs

  ITT Corp. (NYSE: ITT) has completed its previously announced separation plan, retaining its core industrial offerings and spinning off its defense and information solution business into ITT Exelis and its water technology and services business into Xylem. Open trading of Exelis (NYSE: XLS) and Xylem (NYSE: XYL) shares will begin Tuesday. ITT Corp. …

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