Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, estimates 4 percent to 7 percent growth in overall second quarter sales among defense primes. His analysis of contractor Q2 results covered Boeing (NYSE: BA), BAE Systems, General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), L3Harris Technologies (NY...
Chris Soong, formerly the chief information officer of Alion Science and Technology, has been appointed to the same position at Huntington Ingalls Industries‘ (NYSE: HII) technical solutions division. HII added Soong to its executive team upon completion of the company’s $1.65 billion cash acquisition of Alion, the Virginia-based militar...
Granicus has acquired GovQA for an undisclosed sum as part of efforts to help government agency clients manage requests for public records and expand the capabilities of its Civic Engagement Platform designed to provide unified digital experiences to citizens. Woodridge, Illinois-based GovQA provides cloud-based automated workflow software meant to ...
Huntington Ingalls Industries (NYSE: HII) has announced a string of executive moves and the formation of four new business groups within its government services arm following HII’s acquisition of Alion Science and Technology. Former Alion executives Todd Borkey and Chris Bishop have joined the HII Technical Solutions division as chief technolo...
Naval Facilities Engineering Systems Command has selected eight companies to compete for large construction projects within NAVFAC’s mid-Atlantic area of operations through a five-year, $950 million contract vehicle. The contractors can offer design-build and design-bid-build services to demolish, repair or modify facilities, the Department of...
Huntington Ingalls Industries (NYSE: HII) has closed its $1.65 billion cash acquisition of Alion Science and Technology as part of a growth strategy to expand HII’s technical service offerings in target markets. The Newport News, Virginia-based shipbuilder first announced the transaction to acquire Alion from private equity firm Veritas Capita...
TYSONS CORNER, VA, Aug 20, 2021 — Leidos (NYSE: LDOS) announced an 18 percent revenue growth to $3.4 billion during the second quarter of its fiscal year 2021 and retained its $13.7 billion to $14.1 billion sales outlook for the year, ExecutiveBiz reported Aug. 4. Addressing investors during an earnings call, Roger Krone, chairman and...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will maintain and overhaul the main rotor blade of Black Hawk helicopters for the U.S. Army under a five-year, $116.5 million contract. Army Contracting Command received one bid for the firm-fixed-price contract and will determine work locations and funds upon issuance of each order, the Depart...
Paul McQuillan, a strategic partner at Battle Investment Group, was appointed as chief growth and strategy officer at Oceus Networks, a government telecommunication services provider that the private investment management firm acquired in 2020. The executive will use his more than three decades of experience in technology products and services to dr...
Government Executive Media Group has acquired GovTribe for an undisclosed sum in a push to develop a full suite of data sources and tools intended to help vendors identify federal business opportunities. GovExec said Wednesday it seeks to combine a database of three million monthly engagers with GovTribe’s machine learning-based platform that ...
