The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel a...
Alan Stewart, former chief financial officer of Vistronix, has joined Systems Planning and Analysis as senior vice president and CFO at the Alexandria, Virginia-based professional services contractor. SPA said Friday that Stewart holds experience in positions related to business management, tax, investor relations, finance, accounting, mer...
The General Services Administration has awarded CACI International (NYSE: CACI) a potential five-year, $1.77 billion task order for analytical operations, intelligence and training support services to the Joint Improvised-Threat Defeat Organization. CACI will support JIDO’s global Focused Support/Decisive Effort that aims t...
Hewlett Packard Enterprise (NYSE: HPE) has completed its acquisition of high-performance computing technology provider Silicon Graphics International for $275 million to add new data analytics technology and pursue HPC market growth. HPE said Tuesday the deal also brings new service offerings in addition to the product line as private and ...
Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three GovCon companies that stated financial results. L-3 Communications (NYSE: LLL) hinted it could make more acquisitions this year with three...
Ryan Kearny, an 18-year veteran of F5 Networks (Nasdaq: FFIV), has been named chief technology officer and executive vice president for product development at the Seattle-based application delivery firm. F5 said Wednesday Kearny will report directly to President and CEO John McAdam and oversee the company’s efforts to ...
Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD). Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake through the ...
TYSONS CORNER, VA, Oct. 24, 2016 ” Teresa Weipert, senior vice president of Sutherland Global Services‘ government solutions unit, has recommended the use of omni-channel automated engagement platforms to help federal agencies facilitate citizen engagement, ExecutiveBiz reported Thursday. “Delivering excellent customer service ...
TYSONS CORNER, VA, Oct. 24, 2016 ” Tom Romeo, president of the federal services business at Maximus (NYSE: MMS), has noted that the integration of digital content and technology across channels could drive the service delivery of government organizations, ExecutiveBiz reported Thursday. He wrote in an article published ...
October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many things looming over ...
