Northrop Grumman (NYSE: NOC) has agreed to purchase Orbital ATK (NYSE: OA) for approximately $9.2 billion in a push to accelerate innovation efforts and expand technology offerings. Falls Church, Virginia-based Northrop said Monday it will pay $7.8 billion in cash and assume $1.4 billion in net debt from Orbital ATK under the transact...
Northrop Grumman (NYSE: NOC) is close to finalizing an agreement to buy Orbital ATK (NYSE: OA) as Northrop aims to broaden its portfolio of missiles and space platforms, Defense News reported Monday. Defense News cited a Wall Street Journal report that says both companies could unveil the transaction as early as Monday and estimates the de...
Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let™s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the clo...
L3 Technologies (NYSE: LLL) has purchased Colorado Springs, Colorado-based initial flight training company Doss Aviation for an undisclosed amount in a strategy to expand presence in the military pilot training market. New York City-based L3 said Thursday will integrate Doss Aviation into its electronic systems business segment and run the comp...
Boeing (NYSE: BA) has received a potential $599.9 million contract modification from the U.S. Air Force to conduct preliminary design activities to convert a pair of 747-8 aircraft into presidential planes. The modification covers the initial design of the future Air Force One fleet that includes the integration of a mission comm...
Manik Rath, formerly a senior vice president at LMI, has been named chief operating officer at Vienna, Virginia-based human capital and information technology services provider C2 Technologies. Rath has more than two decades™ experience in human capital, IT and management consulting in the public sector in support of intelligence and defense ag...
https://www.youtube.com/watch?v=9TnvnLCTj10 Fort Bliss™ Special Operations Recruitment Battalion hosted a fitness and team-building competition in honor of fallen hero – Green Beret, and El Paso native – Staff Sgt. Joshua Mills. Staff Sgt. Mills died, Sep. 16, 2009, after his vehicle struck an IED while conducting a mounted patrol i...
TYSONS CORNER, VA, Sept. 13, 2017 ” Greg Souchack, partner for managed services and cloud solutions at IBM™s (NYSE: IBM) global business services unit, has said the company’s Watson artificial intelligence technology will work to help the U.S. Army perform an analysis of the cost of transporting military equipment...
TYSONS CORNER, VA, Sept. 13, 2017 ” Concurrent Technologies Corp. President and CEO Ed Sheehan Jr. is a speaker at the Nuclear Energy Leadership Summit and Showcase in October and will discuss the company’s work at the Center for Advanced Nuclear Manufacturing in Pennsylvania, GovCon Executive reported Friday. The two-...
TYSONS CORNER, VA, Sept. 13, 2017 ” Orbital ATK (NYSE: OA) has moved forward to the assembly of a satellite servicing vehicle after receiving delivery of payload and platform components as the company aims to launch the mission in late 2018, ExecutiveBiz reported Tuesday. The Mission Extension Vehicle-1 will work to complete system-level tests ...
