The Department of Homeland Security has awarded 30 companies spots on a potential five-year, $1.5 billion contract vehicle for program management, administrative, operations and technical support services. PACTS II is a set-aside program for service-disabled, veteran-owned small businesses and designed to help DHS accom...
July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors™ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven ...
Lexi Alexander, a former senior vice president at L-3 Communications (NYSE: LLL), has joined Beltsville, Maryland-based government engineering and technical services contractor ASRC Federal as SVP of business development and corporate strategy. ASRC Federal said Thursday the two-decade contracting sector veteran will focus on organic growt...
Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased Intercom Consulting & Federal Systems for an undisclosed sum in a push to help address customer demand for information technology security platforms and services. Belcan CEO Lance Kwasniewski said in a statement released Wednesday the...
The U.S. Air Force has awarded contract modifications worth a combined $88 million to 12 companies to provide information technology application services through the military branch’s Network-Centric Solutions-2 vehicle. The Defense Department said Tuesday work will occur through June 20, 2022 and the Air Force will determine ...
Eric Huweart, former chief of staff for the Military Health System chief information officer, has been named vice president of military and veteran healthcare at Apprio. The Washington-based government services contractor said Monday Huweart’s new role entails oversight of teams that support Apprio’s military and veteran programs wi...
Boeing (NYSE: BA) will take $2.05 billion in total after-tax charges on second quarter earnings that include a $393 million writedown on the KC-46 refueling tanker for the Air Force when the airplane manufacturer reports April-June results Wednesday. The company said Thursday the charges amount to $3.23 in earnings per share with 63 c...
TYSONS CORNER, VA, July 20, 2016 ” Parsons will provide systems engineering services to the Missile Defense Agency in support of six weapon systems under a $455.1 million contract the company received in June, GovCon Executive reported Friday. The company said Thursday the Technical, Engineering, Advisory and Management Supp...
The State Department has approved Japan™s request to procure Standard Missile-2 Block IIIB missiles and related support from the U.S. government under a potential $821 million foreign military sales agreement. Raytheon (NYSE: RTN) and BAE Systems‘ U.S. subsidiary will serve as principal contractors for the FMS sale that covers 2...
TYSONS CORNER, VA, July 19, 2016 ” Fulcrum seeks to provide program management, technical, engineering and professional services to support U.S. Special Operations Command personnel through its position under the potential $900 million SOCOM-Wide Mission Support Group contract, GovCon Executive reported Thursday. The company said...
