Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Centreville, Va.-based Fulcrum IT Services as part of efforts to broaden predictive threat analytics and situational awareness offerings. HII said Monday Fulcrum will run as part of its technical solutions division and will bring capabilities in cybersecurity, engineering, so...
Singapore Technologies Engineering™s aerospace sector has received a potential 10-year, $600M contract to maintain an aircraft fleet for a North America-based customer. The contract covers the maintenance of more than 160 widebody and narrowbody airframes beginning in 2020, ST Engineering’s VT Systems subsidiary said Monday. œWe are ...
The U.S. Navy has selected five companies to provide design-build construction services within Naval Facilities Engineering Command’s Southeast area of responsibility under a potential five-year, $240M contract. NAVFAC received 19 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract via a competitive procurement o...
TYSONS CORNER, VA, February 22, 2019 ” Raytheon (NYSE: RTN) continues its efforts to foster interest in science, technology, engineering and math among students through a recent challenge hosted by the University of Arizona, ExecutiveBiz reported Thursday. The company said employees who are participants in the Raytheon Engineering Lea...
GTY Technology Holdings Inc. (Nasdaq: GTYH), a special purpose acquisition company founded by former Accenture (NYSE: ACN) and EMC executives, has wrapped up its purchase of six technology companies in a push to expand presence in the public sector market. The deals resulted in the formation of a new software company that consolidates Bonfire Intera...
A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven b...
Three companies have won positions on a potential five-year, $40M contract to design and engineer various marine platforms for the U.S. Navy. The Puget Sound Naval Shipyard and Intermediate Maintenance Facility received five offers for the multiple-award indefinite-delivery/indefinite-quantity, firm-fixed-price contract via a competitive a...
The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous ...
Huntington Ingalls Industries™ (NYSE: HII) Newport News Shipbuilding division will design and build two Gerald R. Ford-class aircraft carriers for the U.S Navy under a $15.2B contract modification. The company said Thursday it will construct the future Enterprise vessel, designated CVN 80, and the yet-to-be-named CVN 81 ...
The U.S. Navy has awarded six companies spots on a potential five-year, $249M contract to provide design-build and design-bid-build services within Naval Facilities Engineering Command’s Mid-Atlantic Hampton Roads area of responsibility. Contractors may vie for construction, renovation, alteration, demolition and repair task orders under ...
