Ocean Bay Information and Systems Management has won a potential five-year, $155.6 million contract to provide administrative, professional and technical support services for the Drug Enforcement Administration. DEA’s office of acquisition and relocation management awarded the contract through a competitive solicitation set aside for 8(a)-certifie...
A Raytheon Technologies (NYSE: RTX) business has secured a potential five-year, $1.68 billion contract from the U.S. Navy to provide modernization, activation and sustainment support for Total Ship Computing Environment infrastructure and mission systems of Zumwalt-class guided missile destroyers. Raytheon Missiles & Defense will also provide no...
TTM Technologies (Nasdaq: TTMI) has agreed to buy Telephonics from Griffon (NYSE: GFF) in a cash transaction worth approximately $330 million to expand its offerings and capabilities in the aerospace and defense market. Santa Ana, California-based printed circuit board manufacturer TTM said Monday it expects the transaction to be immediately accreti...
A Leonardo DRS subsidiary has won a potential five-year, $191.3 million contract from the U.S. Navy for the procurement of hardware and engineering services in support of Ship Self Defense System Technical Insertion 2016 effort. DRS Laurel Technologies will perform work at its Johnstown, Pennsylvania location through April 2023 under the initial awa...
Private equity firm Brightstar Capital Partners has agreed to acquire Oasis Systems with its portfolio company ERC to expand cybersecurity, engineering and technology-focused consulting offerings for aerospace and defense customers worldwide. Brightstar said Wednesday it expects the transaction to close in the second quarter of 2022 and the combined...
The Naval Facilities Engineering Systems Command has initiated a small business set-aside competition for a potential $95 million contract to support military range sustainment and remediation projects. The Environmental Multiple Award Contract will primarily entail service performance at U.S. Navy and Marine Corps installations located within NAVFA...
L3Harris Technologies (NYSE: LHX) has formed an innovation accelerator to pursue the development of new systems intended to help domestic and international defense clients address near-peer threats. The Agile Development Group is composed of 2,500 engineers, technicians, operations professionals and program managers that will focus on developing sen...
The State Department has approved Bulgaria’s request to buy Lockheed Martin-built (NYSE: LMT) F-16 Block 70 aircraft, related equipment and services through a potential $1.67 billion foreign military sales agreement. The government of Bulgaria asked to purchase four F-16 C units and four of the aircraft’s D variant to improve its capability to c...
Northrop Grumman (NYSE: NOC) has received three separate multi-year contracts from the U.S. Navy for the development of space vehicle terminals, procurement of hardware for weapon replaceable assemblies and delivery of support services for a mine detection platform. The Department of Defense said Thursday Northrop will provide the Navy with Relay Gr...
Carey Smith, president and CEO of Parsons, has been recognized by Executive Mosaic in the 2022 edition of the Wash100 Award, the fourth time that she’s received the most prestigious recognition in government contracting. Smith assumed the president role at Parsons in November 2019, took on additional responsibilities as CEO in July 2021 and will ...
