Dell and EMC (NYSE: EMC) have announced their integrated enterprise information technology company will do business as Dell Technologies once the process of their estimated $67 billion merger is complete. “Our vision is a strategically aligned family of businesses that brings together customers’ entire infra...
TYSONS CORNER, VA, May 2, 2016 ” Chris Pehrson, senior director of strategic development at General Atomics‘ aeronautical systems business, has said that the C4ISR sector faces a challenge in processing the large volume of sensor data collected by remotely piloted aircraft, ExecutiveBiz reported Thursday. Pehrson told Bloomberg Gover...
An affiliate of New York-based J.F. Lehman & Co. has closed its acquisition of API Technologies (Nasdaq: ATNY) for approximately $111 million. Trading of API™s common stock on Nasdaq ceased Friday afternoon upon completion of the purchase and API shareholders will get a cash payment of $2 per share of common stock under the terms of...
The U.S. Navy has awarded positions to 12 companies on a five-year, $800 million contract to prototype radio frequency components for electronic warfare, communications, radar and information operations. The Defense Department said Monday contractors will vie for task orders to research, design, fabricate, integrate and test open...
Honeywell International (NYSE: HON) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported first quarter earnings and revenue above Wall Street’s expectations on higher aerospace repair and overhaul volume and growing automation and control systems sales in China. The Morris Plains, N.J....
Ball Aerospace and Technologies (NYSE: BLL) has been awarded a potential $421 million contract modification by the National Oceanic and Atmospheric Administration to deliver ozone-monitoring instruments for the Joint Polar Satellite System follow-on JPSS-3 and JPSS-4 missions. Ball Aerospace said Friday it will manufacture, ...
General Dynamics (NYSE: GD) and EOIR Technologies have been awarded contracts worth a combined $49 million to provide software engineering lifecycle support services to the U.S. Army. The Army Contracting Command will allocate funds and provide work locations to the companies upon issuance of individual task orders, the Defe...
April 11 – April 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among companies in the government services sector over the last half-decade has inevitably led market observers to ponder the prospects of merger-and-acquisition deals between the la...
Data Device Corp. has agreed to acquire a Maxwell Technologies (NASDAQ: MXWL) subsidiary that manufactures microelectronic components for satellites and space vehicles. Vincent Buffa, DDC president and CEO, said in a statement published Tuesday acquiring Maxwell’s microelectronics business is part of DDC’s push to expand into...
A United Technologies Corp. (NYSE: UTX) subsidiary has received a $1.04 billion contract modification to manufacture the ninth batch of F-35 propulsion systems for U.S. and foreign military customers. Pratt & Whitney will produce parts and components of 28 F135-PW-100 systems for the U.S. Air Force, six F135-PW-600 systems for the U.S. Mari...
