TYSONS CORNER, VA, Aug. 15, 2016 ” Phacil has received recognition from CRN as one of the 2016 Fast Growth 150 companies for its revenue growth from 2013 to 2015, GovCon Executive reported Friday. The company said Aug. 8 this is the fourth year that it has been included in the list by The Channel Company‘s CRN brand....
A group of investors including New York City-based Apollo Global Management (NYSE: APO) along with executive team members at Constellis Group have agreed to undertake a buyout of the global security services contractor for an undisclosed sum. Constellis Group said Friday it expects the transaction to close by the end of September...
Cubic Corp. (NYSE: CUB) has appointed former U.S. Army Central Command leader James Terry to a senior vice president role in the contractor’s global defense business segment and also promoted Eric Carr, formerly vice president and deputy general manager for integrated training services, to the SVP ranks ...
Lockheed Martin (NYSE: LMT) will receive approximately $1 billion in additional funds from the Defense Department after DoD decided to reimburse the company for production costs incurred on lot 9 of the F-35 Lightning II aircraft, Defense News reported Thursday. Valerie Insinna writes the F-35 joint program office will obligate funds for low-ra...
Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point dec...
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...
TYSONS CORNER, VA, Aug. 12, 2016 ” Judith Douglas, a client industry executive at Hewlett Packard Enterprise (NYSE: HPE), has been appointed vice chair of the American Council for Technology “ Industry Advisory Council’s Institute for Innovation Advisory Board, GovCon Executive reported Thursday. ACT-IAC said Wednesday ...
Boeing (NYSE:BA) has secured a five-year, $203 million contract from Australia to provide a range of sustainment services for the Australian air force’s F/A-18F Super Hornet and EA-18G Growler aircraft, IHS Jane’s reported Thursday. Jon Grevatt writes the Australian defense department said the contract covers eng...
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...
Leidos (NYSE: LDOS) has secured a potential four-year, $99 million prime contract from the U.S. Army to build and deliver automated installation entry systems to the service branch’s product manager for force protection systems. The company said Friday it will develop hardware and software to update the...
