
TYSONS CORNER, VA, December 2, 2019 — John Kavanaugh, senior vice president and chief financial officer of Perspecta (NYSE: PRSP), has said the company maintains a diversified contract base, balanced portfolio and strong backlog during his keynote address at Baird’s 2019 Government & Defense Conference, ExecutiveBiz reported Nov. 20....
The Virginia Contracting Activity has finalized a request for proposals for a potential $990M multiple-award Defense Intelligence Agency contract vehicle with a five-year ordering period for data collection and management support services. Data Science, Operations, Requirements, Exploitation and Engineering proposals are due Jan. 17....
The General Services Administration plans to implement e-marketplace platforms to help agencies speed up the procurement of products online and Amazon (Nasdaq: AMZN), eBay (Nasdaq: EBAY) and Walmart (NYSE: WMT) are expressing interest in gaining a share of that market that could reach $50B annually, the Wall Street Journal reported Friday....
Tiger Midco, an affiliate of funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates, has increased its offer to acquire information technology distribution company Tech Data (Nasdaq: TECD) from $130 in cash per share to $145 per share, or approximately $6B, under an amended deal....
General Electric's (NYSE: GE) aviation business has secured a $1.33B contract modification for delivery of T700 rotary aircraft engines to U.S. and international defense customers. The company will provide T700s for H-60 Black Hawk, AH-64 Apache and other helicopter programs of the U.S. Army, Navy, Air Force, other government entities and...