Harris Corp. (NYSE: HRS) has agreed to sell its government information technology services business to private equity investment firm Veritas Capital for approximately $690 million in the military radio maker’s second major divestiture over less than one month as part of its larger portfolio reshaping effort. The deal comes approxima...
A subsidiary of Honeywell International (NYSE: HON) has received a notice to proceed from the National Nuclear Security Administration to start the transition efforts for the operation and management of Sandia National Laboratories. National Technology & Engineering Solutions of Sandia will assume management responsibili...
Octo Consulting Group has purchased the SeaPort-e business unit from Laurel, Maryland-based federal digital and cloud services provider Aquilent for an undisclosed sum. Octo said Wednesday it assumed the support contract for the SeaPort-e electronic platform with the U.S. Navy before Booz Allen Hamilton (NYSE: BAH) completed the acquisition of ...
Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as...
TYSONS CORNER, VA, Jan. 25, 2017 ” Leidos (NYSE: LDOS) will support the Air Force Association™s CyberPatriot cyber education program as a Cyber Silver sponsor for the eighth consecutive year, GovCon Executive reported Tuesday. AFA said Monday the company hosts the Digital Forensics Event at the CyberPatriot National Finals C...
Kevin Scott, senior vice president of infrastructure at business social networking company LinkedIn, has been named chief technology officer at Microsoft (Nasdaq: MSFT). Scott will report directly to Microsoft CEO Satya Nadella as a member of the senior leadership team and will oversee œstrategic, cross-company initiatives, Microsoft said Tuesd...
Reston, Virginia-based information technology platforms provider Amyx has secured a potential five-year, $189.2 million task order from the General Services Administration to provide mission support services to the Joint Improvised-Threat Defeat Organization. GSA™s federal systems integration and management center received eight bids for the co...
Weekly Roundup January 16 – January 20 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson All eyes were on Washington today as Donald Trump took the oath of office on Capitol Hill to become the 45th President of the United States and officially usher in a time we...
Polaris Alpha, a portfolio company of investment firm Arlington Capital Partners, has bought cyber, network and software engineering services provider Intelesys for an undisclosed sum in a push to expand presence in the cyber and signals intelligence market. Elkridge, Maryland-based Intelesys works with intelligence community cus...
TYSONS CORNER, VA, Jan. 19, 2017 ” Advanced Concepts and Technologies International has appointed Phil Simonsen, a space and intelligence community veteran, as its new senior executive for space and cyber programs, GovCon Executive reported Wednesday. The company said Simonsen will work to identify and pursue new busine...
