Two companies have landed spots on a potential eight-year, $264M contract for engineering and technical support services to NASA‘s Armstrong Flight Research Center in California. Analytical Mechanics Associates and New Horizons Aeronautics will vie for task orders under the ETSS indefinite-delivery/indefinite-quantity contract, NASA&...
Four companies have secured spots on a potential five-year, $325M contract to provide research, development, test and evaluation support services for the Department of Homeland Security. A FedBizOpps notice posted Tuesday says Engility (NYSE: EGL), ManTech International (Nasdaq: MANT), Noblis and Science Applications International Corp. (NYSE: SAIC)...
New York-based private equity firm Cerberus Capital Management has agreed to pay $18.50 in cash for each outstanding share of Sparton™s (NYSE: SPA) common stock. Sparton said Wednesday its board of directors cleared the transaction, which is expected to conclude in the first quarter of calendar year 2019. Tarek Ajouz, a managing ...
Consulting firm McAleese and Associates has released a report on key takeaways from the testimony of Dana Deasy, chief information officer at the Department of Defense, at a House Armed Services Committee subpanel hearing on artificial intelligence. Deasy appeared Tuesday before the HASC emerging threats subcommittee to discuss the newly e...
General Dynamics™ (NYSE: GD) Electric Boat subsidiary will continue to provide lead yard support and conduct development studies and design efforts for the U.S. Navy™s Virginia-class submarines through the end of fiscal year 2019 under a $346.5M contract modification. The modification covers maintenance, engineering, design improvement, sy...
Savneet Singh, a board member at PAR Technology (NYSE: PAR), has been appointed president and CEO of the New Hartford, N.Y.-based tech platforms provider on an acting basis. Singh™s appointment took effect on Dec. 4 after Donald Foley stepped down from his roles as CEO, president and director, PAR said Thursday. œWe are pleased to...
The U.S. Air Force has selected four companies to provide maintenance support at multiple air bases under a potential six-year, $160M contract. Contractors will help the military service maintain the Ogden Air Logistics Complex at Hill AF Base, Aerospace Maintenance and Regeneration Group at Davis-Monthan AFB, Vandenberg AFB, Malmstrom AFB...
BAE Systems‘ land and armaments business has received a $140.3M contract modification to build 30 amphibious combat vehicles for the U.S. Marine Corps. The modification exercises options under a previously awarded contract and includes fielding, support and associated production services, the Department of Defense said Thursday....
Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company™s fiscal 2019 third-quarter results reflect its continued focus to deliver robust performance across its contract portfolio. SAIC said Thursday it closed the quarter with $1.2B in revenue, a 2.8 percent or $32M increase from the same period last year...
Riptide Software has won a potential six-year, $103.2M contract to help the U.S. Army update a computer generated forces technology designed to simulate missions, control processes and systems from an individual military platform and combatant. Army Contracting Command received three bids for the One Semi-Automated Forces support program and th...
