Huntington Ingalls Industries (NYSE: HII) has received a two-year, $109.9 million contract modification to design and engineer nuclear submarines for the U.S. Navy. The company will also work to manage configurations and database, support logistics, perform research and development and provide special mission submersible interfaces under t...
Dell and EMC have completed their $67 billion cash-and-stock merger to form enterprise information technology company Dell Technologies (NYSE: DVMT) that is forecast to generate $74 billion in annual revenue. Dell Technologies will run as a privately controlled IT firm and offer clients a portfolio of technology platforms in the areas...
Karen Neuman, formerly chief privacy officer at the Department of Homeland Security, has joined law firm Goodwin as privacy lead for the company’s Washington office and a partner with the privacy and cybersecurity practice. The privacy lawyer will be based at the law firm™s Washington, D.C., office and will work to advise Goodwi...
Poland has issued a formal request to the U.S. government to acquire Raytheon‘s (NYSE: RTN) Patriot integrated air and missile defense system for an undisclosed amount. Raytheon said Tuesday it will collaborate with Poland’s government and industry to help complete offset and industrial participation plans as part of&...
TYSONS CORNER, VA, Sept. 6, 2016 ” Intel (Nasdaq: INTC) has received a certificate of waiver from the Federal Aviation Administration that allows the company to operate up to 1, 000 small unmanned aircraft systems at night within special security notice flight restricted areas, ExecutiveBiz reported Friday. The company said Thursday the Pa...
August 29 – September 2 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This calendar year so far has brought an unprecedented year of change and tectonic shifts to the government contracting sector and even with that said, what other catalysts could come in ...
PKL Services has won a potential five-year, $495 million foreign military sales contract from the U.S. Air Force to provide F-15 S&SA type aircraft maintenance upgrade training services to Saudi Arabia. The Defense Department said Thursday it expects PKL to complete work by Aug. 31, 2021. The 38th Specialized Contracting Squa...
The U.S. government could approve this month a pair of foreign military sales agreements for Qatar and Kuwait to procure up to 76 Boeing-built (NYSE: BA) F-15 and F/A-18E/F Super Hornet jets worth an estimated $7 billion, Reuters reported Thursday. Tom Finn and Andrea Shalal write sources said the deals include the sale of 3...
Executive Mosaic’s GovCon Index started September with a slight decline Thursday to register its third straight loss as Vectrus (NYSE: VEC) plunged almost 20 percent on the loss of a contract for Middle East-based logistics services the company held since 2010. Colorado Springs-based Vectrus said pre-open the Army Prepositioned Stock...
Melbourne, Florida-based Harris Corp. (NYSE: HRS) has confirmed one appointment to the board of directors and the nomination of a second as part of the communications technology maker’s cooperation agreement with activist hedge fund Jana Partners. Barry Rosenstein’s Jana disclosed its position as one of Harr...
