TYSONS CORNER, VA, Jan. 12, 2017 ” CGI (NYSE: GIB) will create and operate a cloud-based flood forecasting platform that will work to help the U.K.’s environment agency produce and share flood predictions under a three-year, $6.1 million contract, ExecutiveBiz reported Wednesday. The Future Flood Forecasting System wil...
CAE (NYSE: CAE) has secured two long-term training services contracts with the U.S. Army and Canada’s air force worth approximately $760 million combined. CAE said Thursday the contract with the Army will cover classroom, simulator and live rotary-wing flight training instructor support at the Army Aviation Center of Excellence in Alabama...
Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks ad...
Miklos Kiss, a former program director at the Defense Security Cooperation Agency and retired U.S. Air Force colonel, has joined Advanced Concepts and Technologies International as director of international programs at the Arlington, Virginia-based acquisition management services contractor. ACT I said Tuesday Kiss oversees the compan...
Executive Mosaic’s GovCon Index traded narrowly higher Tuesday with help from middle-tier and government services companies to offset losses by large primes as U.S. stocks recorded another mixed session that saw industrials lag and healthcare stocks climb. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as five of its 11...
Leonardo has secured a potential five-year, $330 million contract from the U.K.’s ministry of defense to provide training and support services for 62 AW159 Wildcat helicopters of the British army and navy. The company said Monday that work on the Wildcat Integrated Support and Training contract will begin April 1 and covers...
Engility Corp. (NYSE: EGL) has sold its international development services business to North Carolina-based nonprofit organization Research Triangle Institute International for $24 million as part of the former’s efforts to pay down debt and reshape its portfolio. Chantilly, Virginia-headquartered Engility said in a Monday regul...
Philadelphia-based private equity firm LLR Partners has purchased an automated threat detection and cyber hunting technology business unit from Northrop Grumman (NYSE: NOC) for an undisclosed sum to grow a commercial market footprint for machine learning-based tools. LLR said Monday it has committed $50 million in financing to su...
ManTech International (Nasdaq: MANT) has secured a potential five-year, $87 million task order to help the Naval Surface Warfare Center Dahlgren Division test and evaluate weapons and combat systems. The company said Friday it will provide comprehensive T&E services across the U.S. Navy‘s weapons and combat systems pro...
Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased The Kemtah Group for an undisclosed amount in a strategy to expand the former™s government information technology services business. Belcan CEO Lance Kwasniewski said in a statement released Thursday the transaction comes five ...
