Search Results for: lockheed martin

Army Dishes Out $250M to Contractors for Cloud Services

The U.S. Army has awarded a $249.8 million firm-fixed-price contract for cloud computing services to a group of contractors in support of the Army’s program executive office for enterprise information systems, the Pentagon announced Thursday. Winning companies include: Lockheed Martin Corp. (NYSE: LMT) IBM Corp. (NYSE: IBM) HP Enterprise Services …

Read More »

US Strikes $30B Boeing F-15 Deal with Saudi Arabia

The U.S. has struck a $29.4 billion deal to sell 84 Boeing F-15 fighter jets to Saudi Arabia and upgrade 70 more of that country’s existing F-15s, the company and White House have announced. Last year,  Congress cleared the U.S. to sell $60 billion of military hardware to Saudi Arabia over the …

Read More »

Gen. McChrystal to Chair Siemens Govt Tech; Judy Marks Eyes Health, Energy, Infrastructure Gains

Siemens (NYSE: SI) has appointed retired Army Gen. Stanley McChrystal chairman of the board of directors for the company’s federal business organization, Siemens Government Technologies, the company announced Monday. McChrystal, a 34-year Army veteran, served as commander of U.S. and NATO operations in Afghanistan from 2009 to 2010, when he retired. McChrystal joined …

Read More »

‘Fierce’ Competition for New NATO Cyberwar Contract; US Firms Eye Foreign MKTs

The North Atlantic Treaty Organization is collecting contract bids today from more than 300 companies across its 28 member nations to expand the alliance’s cybersecurity capabilities, the Wall Street Journal reported today. The initial award is for $42 million, but Daniel Michaels cited industry officials as saying a contract win …

Read More »

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 …

Read More »

Navy to Award Up to $2B in Training Systems IDIQ Orders to 28 Contractors

The U.S. Navy has handed out multiple-award contracts to 28 companies underneath its Training Systems Contract III indefinite-delivery/indefinite-quantity contract, the Defense Department announced yesterday. The Pentagon said the total amount of the multiple-award contracts, including options, will not exceed $2 billion. Eighteen companies will compete for LOT 1 task orders …

Read More »

CACI Names Krisstie Kondrotis EVP of Business Development

CACI International Inc. (NYSE: CACI) announced today that it has appointed Krisstie Kondrotis as executive vice president for business development. Kondrotis’ responsibilities in this role include overseeing the strategic and tactical direction of the firm’s business development efforts. She will also advise senior management on plans regarding key customers. “CACI’s strategic hire …

Read More »

Boeing Awarded $135M to Develop Infrared Sensor System

The U.S. Navy has awarded Boeing a $135 million contract for engineering and manufacturing development of the F/A-18E/F Super Hornet Infrared Search and Track sensor system. IRST is described as a “passive, long-range sensor, ” that can detect infrared emissions and advanced threats, while allowing its users to track multiple targets …

Read More »

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 …

Read More »

BAE Orders Could Pass $100M on Extended Army Space, Missile Defense Contract

The U.S. Army has extended a 2006 space and missile defense contract with BAE Systems without competition, meaning the company could have access to more than $100 million in new orders. Bloomberg Government’s Nick Taborek writes that the contract was scheduled to expire Sept. 30, 2011, but the Army has …

Read More »