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Northrop Grumman (NYSE: NOC) has received a $236.9 million contract option to manufacture eight gallium nitride active electronically scanned array radar systems for the U.S. Marine Corps. USMC exercised a firm-fixed-price portion covering three line items on its contract with the company to procure the additional GaN Ground/Air Task Oriented Radars...

Executive Mosaic is pleased to introduce Stu Shea, chairman, president and CEO of Peraton, as an inductee into the 2021 Wash100 for his leadership in company expansion efforts through acquisitions and contract awards from government and military customers for technology development, maintenance and support work. This marks Shea’s fifth Wash100 Awa...

Executive Mosaic is pleased to introduce Stu Shea, chairman, president and CEO of Peraton, as an inductee into the 2021 Wash100 for his leadership in company expansion efforts through acquisitions and contract awards from government and military customers for technology development, maintenance and support work. This marks Shea’s fifth Wash100 Aw...

Peraton has reorganized its operations into four business sectors, created three new executive positions and added five new members to the company's executive leadership team. The realignment comes after Peraton's private equity owner Veritas Capital acquired the information technology and mission support business from Northrop Grumman (NY...

Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchInte...

Veritas Capital has agreed to acquire Northrop Grumman’s (NYSE: NOC) federal information technology and mission support services business for approximately $3.4B in cash. The transaction is expected to conclude in the first half of 2021 and Veritas said Monday it expects to merge the Northrop federal IT business with its portfolio company Peraton ...

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Executive Mosaic Opens Nominations for 2021 Wash100 Award Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, announced today that qualifying nominations are now being accepted ...

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards William Bookless Named Acting NNSA Administrator William Bookless, principal deputy administrator of the National Nuclear Security Administration (NNSA), assumed the role of acting administrator of NNSA after Lisa Gordon-Hagerty stepped down from the post. NNSA said Frida...