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Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
Houston-based engineering and construction firm KBR (NYSE: KBR) has wrapped up its $300 million purchase of the U.S. government services business of Honeywell (NYSE: HON). KBR said Monday it will integrate Honeywell Technology Solutions Inc. into the KBRWyle government services organization, which KBR expects to generat...
August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets t...
Houston-based engineering and construction company KBR (NYSE: KBR) has agreed to purchase the U.S. government services business of Honeywell (NYSE: HON) for $300 million in a push to continue expansion efforts in the federal market. KBR said Friday it expects to close the transaction subject to regulatory approval in October and the addition of...
KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per ye...
Qatar Public Works Authority has awarded KBR (NYSE: KBR) a $185 million extension for its existing contract to deliver full program management support for Qatar’s QAR 50B Expressway Program for another three years. KBR provides management support on the project, as well as oversees supervision, design and construction consultant...
KBR‘s (NYSE: KBR) move to purchase U.S. government engineering and technical services contractor Wyle Laboratories for $570 million aims to add a pipeline of domestic research-and-development services to federal agencies as a complement to work carried out overseas, KBR CEO Stuart Bradie told investors Monday. Bradie said a majority ...
Houston-based KBR (NYSE: KBR) has agreed to purchase U.S. federal engineering and scientific services contractor Wyle Laboratories for $570 million in a move both companies expect to create a global government services business segment with an estimated $2 billion in projected annual contract work. KBR said Monday it expects to close the transaction...
PsiQuantum has appointed foreign policy and national security leaders Stephen Biegun, Ellen Lord and Chris Miller to its government advisory board. The company said Thursday the three new members will join Bob Sharp, a retired U.S. Navy vice admiral, on the board and leverage their decades of experience to help PsiQuantum forge partnerships across t...
Venturi, a Chenega company based in Huntsville, Alabama, has appointed Randy Centanni as vice president of business development. Centanni brings over 25 years of experience overseeing day-to-day business development and led strategic financial analyses across the federal marketplace, Chenega said Friday. Who Is Randy Centanni? Before joining Venturi...
