TYSONS CORNER, VA, December 2, 2019 — John Kavanaugh, senior vice president and chief financial officer of Perspecta (NYSE: PRSP), has said the company maintains a diversified contract base, balanced portfolio and strong backlog during his keynote address at Baird’s 2019 Government & Defense Conference, ExecutiveBiz reported Nov. 20....
Tiger Midco, an affiliate of funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates, has increased its offer to acquire information technology distribution company Tech Data (Nasdaq: TECD) from $130 in cash per share to $145 per share, or approximately $6B, under an amended deal....
Boeing (NYSE: BA) is set to receive a potential $1B contract to modernize NATO's fleet of E-3A Airborne Warning and Control Systems under an initiative to extend AWACS support for alliance missions through 2035....
Raytheon (NYSE: RTN) has received a potential three-year, $403.3M contract modification from the U.S. Navy to deliver System Demonstration Test Articles and related equipment for use in the initial operational test and evaluation phase of the service’s Next Generation Jammer Mid-Band Program....
Alion Science and Technology has opened a facility in Maryland to offer technology platforms and support services to Naval Air Systems Command....
The Department of Energy will earmark up to $100M for projects that aim to expand current understanding of the universe through experimental or theoretical studies about high-energy physics. Interested companies, universities and nonprofit organizations can apply for the funding opportunity....
On Tuesday, Potomac Officers Club (POC) hosted its Unmanned Systems in the Future Fight Forum featuring Maj. Gen. Peter Gersten, special assistant to the Deputy Chief of Staff for Plans and Programs (AF/A5/8) for the U.S. Air Force, as the keynote speaker. In addition, an expert panel featuring Jim Thomson of the Army Futures Command...
Ball Aerospace and Infoscitex won a shared contract with a combined potential value of $135M to perform research and development services to support the U.S. Air Force’s efforts to improve situational awareness and decision-making....
Three industry teams led by prime contractors BAE Systems, Scientific Systems and SEAKR Engineering have been selected to design an autonomous mission management platform for the Defense Advanced Research Projects Agency’s Project Blackjack, C4ISRNET reported Thursday....
Pete Pflugrath, former vice president of corporate business development for LMI’s defense segment, has been appointed VP of the organization’s logistics division....
