Private equity investment firm H.I.G. Capital has bought Reston, Virginia-based program management and consulting services provider Whitney, Bradley and Brown for an undisclosed sum. WBB CEO Robert Olsen said in a statement published Tuesday the company aims to utilize H.I.G.’s resources in efforts to expand services for federal agency cu...
TYSONS CORNER, VA, Nov. 10, 2017 ” A General Dynamics (NYSE: GD) business unit will help sustain the attack weapon control and fire control systems for the U.S. Navy‘s SSGN guided-missile submarines and the U.K. navy’s SSBN ballistic missile submarines under a $25.7 million contract, ExecutiveBiz reported Thursday. Th...
Weekly Roundup November 6 – November 10 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks a number of significant private sector executive moves and potential federal moves have been announced. Let’s take a quick look at these executive movement a...
Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign military...
ManTech International (Nasdaq: MANT) recorded $422.7 million in revenue for the third quarter of its fiscal year 2017, up from $415.4 million in the same period last year. ManTech said Wednesday it posted $15.2 million in Q3 net income, a figure that reflects a 4 percent rise from the prior-year period. The Herndon, Virginia-based governme...
The Federal Communications Commission has cleared CenturyLink‘s (NYSE: CTL) proposed $34 billion acquisition of Level 3 Communications (NYSE: LVLT). CenturyLink said Monday the FCC approval came two weeks after the California Public Utilities Commission cleared the acquisition at its Oct. 12 meeting. John Jones, senior vice president...
Rob Thomas, formerly chief information officer and acting assistant secretary for the office of information and technology at the Department of Veterans Affairs, has joined Leidos (NYSE: LDOS) as vice president for strategic accounts and government relations. Thomas will help Leidos advance organic growth strategies and client relationships in his n...
Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...
Raytheon (NYSE: RTN) has received a potential $1.5 billion indefinite-delivery/indefinite-quantity contract to help the Missile Defense Agency operate and maintain two kinds of ballistic missile radar technology. The Defense Department said Friday Raytheon’s integrated defense systems unit will continue to provide logistics supp...
The Defense Health Agency has awarded 36 small-business positions on a potential five-year, $7.5 billion contract to provide medical staffing services to U.S. military treatment facilities. The multiple-award contract solicited through FedBizOpps contains a five-year ordering period that will commence Dec. 1 and run through Nov. 20, 2022, ...
