A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global A&D companies posted 86 M&A...
Greece’s government council for foreign affairs and defense has approved a plan to buy F-16 aircraft upgrade services from the U.S. through a potential $1.45 billion contract, Reuters reported Saturday. Reuters cites a defense ministry official that says 82 Greek fighter jets will undergo refurbishment within the country and three units will u...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 23 – April 27, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Executive Moves, Top 10 Stories & Wash100’s Last Days to Vote Jim Garrettson, Executive Mosaic CEO Executive Move...
Wittenberg Weiner Consulting has won a potential five-year, $200 million contract to help U.S. Special Operations Command implement joint collective training and exercises. USSOCOM received 10 proposals for the indefinite-delivery/indefinite-quantity contract via a competitive 8(a) set-aside acquisition process, the Defense Depar...
A Leonardo DRS subsidiary has won a potential $261.9 million contract to produce radar systems for the U.S. Navy and Japan to fulfill a foreign military sales agreement. DRS Laurel Technologies will produce up to 59 AN/SPQ-9B ASMD radars and associated equipment under the firm-fixed-price contract that has an initial value of $64.3 mi...
John Elbon, a 35-year veteran of Boeing (NYSE: BA), has succeeded Dan Collins as chief operating officer at United Launch Alliance. ULA said Thursday Elbon most recently served as vice president and general manager of the space exploration division at Boeing’s defense, space and security business. In this capacity, he led the unit...
https://www.youtube.com/watch?v=Dm_pX21rFME PHILIPPINE SEA (March 10, 2018) The guided-missile cruiser USS Antietam (CG 54) fires a standard missile 2 (SM-2) from the vertical launching system in the ship’s forecastle during a missile exercise for MultiSail. The bilateral training exercise improves interoperability between the U.S. and Japanes...
TYSONS CORNER, VA, April 26, 2018 ” Engility (NYSE: EGL) will assist Stinger Ghaffarian Technologies in providing support services to NASA‘s Houston-based Johnson Space Center under the potential eight-year, $1.12 billion Mission Systems Operations Contract, ExecutiveBiz reported Wednesday. Engility said Tuesday the cost-plus-aw...
KBR (NYSE: KBR) has completed its purchase of Greenbelt, Maryland-based government technology and engineering services contractor Stinger Ghaffarian Technologies. Houston-based KBR said Wednesday it intends to retain most of SGT’s current structure and integrate the business into its government services arm KBRwyle. SGT offers t...
ViON has received a potential 10-year, $170.9 million contract to supply chip sets for the Defense Information Systems Agency to use IBM-built (NYSE: IBM) servers. Under the contract, ViON will provide System P computer chips for the Power Systems server platform at multiple DISA facilities on an on-demand basis, the company said Wedn...
