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Lockheed Martin [NYSE: LMT] has won U.S. Air Force contract valued at $243.5 million for an eighth production lot of the JASSM cruise missile. The award brings the total contracted quantities of the cruise missile to over 1200. The Lot 8 contract is for 158 JASSM missiles, along with fuze reliability, parts obsolescence efforts, test...
SAIC (NYSE: SAI) has purchased Forterra Systems Inc.’s On-Line Interactive Virtual Environment (OLIVE) product line, including all names, trademarks and licenses. OLIVE is a market leading software platform that enables customers to deploy their own persistent and secure 3D Virtual Worlds where users can collaborate over networks. OLIVE’...
The past week has seen at five major government contracting acquisitions announced. This begs the question: what makes a good govcon acquisition? What are the growth areas for govcon? Read on to find out. DynCorp Purchases Casals & Associates DynCorp is boosting its presence in U.S. foreign policy and international development priorities w...
SAIC (NYSE: SAI) was awarded a contract by the National Science Foundation (NSF) to manage the information technology (IT) infrastructure and provide a comprehensive suite of IT, voice and data telecommunications, and related services. The deal is structured as a single-award, time and materials contract, with a one and a half month phase-in perio...
SAIC has won a prime, follow-on contract by the Department of Energy to provide technical, managerial and project support services to the U.S. Energy Information Administration (EIA). The five-year base deal has a ceiling value of $288 million. The multiple award is an indefinite-delivery/indefinite-quantity contract. “We look forward to con...
SAIC has purchased Science Engineering and Technology Corporation (SET). Terms of the deal were undisclosed. The move is set to increase SAIC’s Intelligence, Surveillance and Reconnaissance (ISR) capabilities, including forward processing of sensor data, advanced PED (processing, exploitation, and dissemination) tools and technology, and rea...
Science Applications International Corporation (SAIC) has won a task order issued by the U.S. Army Medical Research Acquisition Activity to provide system performance management services for the Military Health System (MHS) Tri-Service Infrastructure Management Program Office (TIMPO). The one-year deal has four options totaling a potential value of ...
Science Applications International Corp. (SAIC) has announced the acquisition of CloudShield Technologies, Inc., a cybersecuirty and management solutions provider. Cloudshield will boost SAIC’s cybersecurity capabilities. CloudShield will operate within SAIC’s Intelligence and Information Solutions Business Unit, part of SAIC’s I...
Science International Applications Corporation (SAIC) has received a Space and Naval Warfare Systems Command contract totalling a potential $249 million if all options are exercised. SAIC is set to provide modeling and simulation for warfare analysis in support of the Office of the Chief of Naval Operations Assessment Division....
Science Applications International Corporation (SAIC) has received a follow-on contract to continue supporting the US Navy Marine Mammal Systems Program (MMS). The contract will have a total value of more than $49 million should all options be exercised. The MMS program uses dolphins and sea lions to find and mark underwater objects. Dolphins...
