New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3™s TCS and Crestview Aerospace business units that operate under the technology contractor™s aerospace system...
Mark Brown, a 31-year military research veteran, has joined Belcan as chief technology officer of advanced engineering at the company’s government services segment. Belcan said Monday Brown most recently served as vice president of Scientific Research Corp.‘s advanced technology solutions division that offers research, engineering, ...
A Lockheed Martin-led (NYSE: LMT) industry team has received a potential $1.4 billion contract to provide sustainment support for F-35 fighter jets worldwide. The contract awarded by the F-35 joint program office also covers Automatic Logistics Information System support, predictive health management and data analytics; supply chain logistics; ...
The State Department has approved Bahrain™s request to buy 12 Bell Helicopter-built AH-1Z attack helicopters and related equipment and services through a potential $911.4 foreign military sales agreement. Bell Helicopter and General Electric (NYSE: GE) will act as prime contractors in the proposed FMS deal in support of Bahrain™s...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 23 – April 27, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Executive Moves, Top 10 Stories & Wash100’s Last Days to Vote Jim Garrettson, Executive Mosaic CEO Executive Move...
KBR (NYSE: KBR) has completed its purchase of Greenbelt, Maryland-based government technology and engineering services contractor Stinger Ghaffarian Technologies. Houston-based KBR said Wednesday it intends to retain most of SGT’s current structure and integrate the business into its government services arm KBRwyle. SGT offers t...
The State Department has approved two foreign military sales agreements worth approximately $180 million combined for the Dutch government to buy from the U.S. government M1156 precision guided kits as well as defense services and articles in support of its air force™s F-16 training unit. The Netherlands requested to purchase GBU-12 Inert Pavew...
DynCorp International will compete for task orders to provide logistics services for the U.S. Army‘s Program Executive Office for Aviation under a potential 10-year, $25.5 billion indefinite-delivery/indefinite-quantity contract. The Non-Standard Rotary Wing PEO-Aviation and the Army Contracting Command awarded DynCorp a position on ...
David West, a federal strategy and merger and acquisition practitioner, joined information technology and engineering services contractor ECS on April 2 to serve as vice president of corporate development. West oversees the development and implementation of the firm™s growth strategies in his new role, ECS said Tuesday. œDave brings a keen...
Science Applications International Corp. (NYSE: SAIC) has received a potential five-year, $73 million task order to provide information technology architecture and systems engineering services to the U.S. Navy‘s Space and Naval Warfare Systems Command. The order was awarded under the SeaPort-e contract vehicle and cove...
