The State Department has approved Norway’s request to buy Raytheon-built (NYSE: RTN) AIM-120 C-7 Advanced Medium Range Air-to-Air Missiles under a potential $170 million foreign military sales agreement. Raytheon’s missile systems business unit will serve as prime contractor of the proposed sale that covers 60 AMRAAMs and assoc...
Lori Scherer, formerly deputy director of intelligence portfolios at Mitre, has been named VP of intelligence portfolios at the National Security Engineering Center, a federally funded research and development center the nonprofit company manages for the Defense Department. In her previous role, the more than 25-year company veteran w...
Jim Mosquera, a 37-year federal civilian and naval officer, has joined General Atomics as vice president and chief technology officer of the company’s electromagnetic systems business. Mosquera will help execute the unit’s strategic financial, technical and business goals in support of technology and product development effort...
Weekly Roundup November 6 – November 10 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks a number of significant private sector executive moves and potential federal moves have been announced. Let’s take a quick look at these executive movement a...
General Electric (NYSE: GE) has received a potential seven-year, $643 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to provide F110-GE-129 aircraft engines and spares to three foreign military sales clients. The Defense Department said Thursday GE will also provide updated engine monitoring system computers, o...
The Celerian Group, a consortium of government contractors, has acquired JBS International in a move to expand technology and business management service offerings to the public and private sectors. Bethesda, Maryland-based JBS is led by co-CEOs Gail Bassin and Jerri Shaw and will continue to operate from its current headquarters and facilities...
L2 Defense has purchased Advanced Technical and Educational Consultants for an undisclosed sum in a move to expand emergency management simulation and training offerings for clients in the defense, first responder and national security markets. L2 Defense President Sam Lennon said in a statement published Thursday the transaction will combine the co...
Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign military...
ManTech International (Nasdaq: MANT) recorded $422.7 million in revenue for the third quarter of its fiscal year 2017, up from $415.4 million in the same period last year. ManTech said Wednesday it posted $15.2 million in Q3 net income, a figure that reflects a 4 percent rise from the prior-year period. The Herndon, Virginia-based governme...
CSRA™s (NYSE: CSRA) SRA International subsidiary has received a potential five-year, $163 million task order to provide integration support for the Defense Information Systems Agency™s Endpoint Security Solutions. CSRA said Wednesday it will collaborate with Microsoft (Nasdaq: MSFT) and McAfee through SRA to help DISA build up its cyber st...
