Weekly Roundup November 13 – November 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon community has experienced significant M&A and restructuring activity. Notable transactions include: H.I.G.™s purchase of WBB for an un...
TYSONS CORNER, VA, Nov. 17, 2017 ” Deloitte‘s consulting business will provide program management support to Defense Health Agency requirements managers working on the Military Health System under a potential $62.4 million contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the company will ...
Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim logistics services for the Mobile User Objective System. The company will also supply spares and associated material in support of the MUOS military satellite communications system, the Defense Depa...
Michelle Adams, former director of cybersercurity contracts at Raytheon (NYSE: RTN), has joined Research Innovations as vice president of contracts and supply chain at the Alexandria, Virginia-based contractor. Research Innovations said Tuesday Adams will oversee contractual compliance and partnership strategies as the company lo...
Randy Cole, formerly vice president of client services at NeoSystems‘ managed accounting services business, has been promoted to senior VP of consulting services and product sales. Tysons Corner, Virginia-based NeoSystems said Tuesday Cold led the establishment of the company’s remote business operations facility that offe...
The Department of Veterans Affairs and Cerner (Nasdaq: CERN) are in the final phase of negotiations over the terms of a potential 10-year contract to build and deploy a new electronic health record system across 1,600 VA facilities and community health providers, Federal News Radio reported Wednesday. VA wants Congress to incorporate funds...
Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic...
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...
TYSONS CORNER, VA, Nov. 15, 2017 ” CAE plans to open a flight training facility at the King Fahad International Airport in Saudi Arabia through a partnership with the Saudi National Company of Aviation, ExecutiveBiz reported Tuesday. The SNCA-funded CAE Authorized Training Center in Dammam will offer commercial pilot li...
Michael Taxay and Jeremy Haas, respectively former FBI and CIA officials focused on cybersecurity, have joined the executive leadership team at LookingGlass Cyber Solutions. LookingGlass said Tuesday it named Taxay as chief risk officer and general counsel and appointed Haas as chief security officer. Taxay will be responsible fo...
