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Kratos Defense and Security Solutions (Nasdaq: KTOS) has acquired a controlling interest in Florida Turbine Technologies for $60M in cash and stock and formed a new business unit as a result of the transaction. FTT will operate as part of the newly created Kratos Turbine Technologies division, which will focus on the development and manufa...

Thirteen companies have won spots on a potential five-year, $300M indefinite-delivery/indefinite-quantity contract to build facilities for NASA within the state of California. The Western Regional Multiple Award Construction Contract covers design, construction, maintenance, repair, alteration, demolition, building information modeling services, the...

Northrop Grumman (NYSE: NOC) has secured a $117.3M contract option to provide hardware for AN/APR-39 radar warning receiver and electronic warfare management systems to the U.S. Air Force, Army, Navy and foreign military sales customers. The exercised option covers D(V)2 processors, antenna detectors, radar receivers, low band arrays, battery handle...

Jim Garrettson, founder and CEO of Executive Mosaic, presented Venkatapathi œPV Puvvada, president of Federal Systems of Unisys, with his fifth Wash100 award on Wednesday. Executive Mosaic recognizes Puvvada for his leadership and his efforts advancing IT modernization, acquisition, big data and cloud computing offerings. We are honored to pres...

LJT & Associates has secured a potential $124.8M contract to help NASA manage exploration ground systems at the Kennedy Space Center. The company will provide business management, engineering, technical and administrative support to the ECS program under the cost-plus fixed-fee, indefinite-delivery/indefinite-quantity contract, NASA said Saturda...

The U.S. Navy has selected five companies to provide design-build construction services within Naval Facilities Engineering Command’s Southeast area of responsibility under a potential five-year, $240M contract. NAVFAC received 19 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract via a competitive procurement o...

TYSONS CORNER, VA, February 22, 2019 ” Mark Sopp, executive vice president and chief financial officer of KBR (NYSE: KBR), has said the company has positioned its space business to provide thought leadership and contracting support to government as it renews efforts in human space exploration and explores the integration of military, civilian a...

TYSONS CORNER, VA, February 22, 2019 ” Raytheon (NYSE: RTN) continues its efforts to foster interest in science, technology, engineering and math among students through a recent challenge hosted by the University of Arizona, ExecutiveBiz reported Thursday. The company said employees who are participants in the Raytheon Engineering Lea...

A BAE Systems subsidiary has received a potential five-year, $90.5M contract for technical support to help the U.S. Navy implement and deploy mobile command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance systems. The indefinite-delivery/indefinite-quantity contract covers up to 1M man-hours of...