The State Department has approved Australia™s request to procure a suite of Standard Missile-2 Block IIIB missiles and related equipment from the U.S. government under a potential $301 million foreign military sales agreement between both countries. Raytheon (NYSE: RTN) and BAE Systems will serve as principal contractors in&...
Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary San...
The U.K.’s ministry of defense could award a $2.9 billion contract for the purchase of 50 Apache helicopters to Boeing (NYSE: BA), The Telegraph reported Saturday. Alan Tovey writes MoD could issue the procurement and servicing contract to the U.S. company at the Royal International Air Tattoo military air show in July...
TYSONS CORNER, VA, May 31, 2016 ” Vencore will provide mission support to the U.S. Cyber Command as part of the first task order under a $460 million contract awarded through the General Services Administration, GovCon Executive reported Thursday. The company said Wednesday the task order is worth $89 million and will c...
May 23 – May 27 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Just when we thought GovCon was on a merger-and-acquisition hiatus, two deals have garnered our attention this week with one that has definitive effects in the public sector and a second that might. Our...
KEYW (Nasdaq: KEYW) has appointed Michael Alber, formerly chief financial officer at Engility (NYSE: EGL), as CFO and executive vice president. Alber will bring over three decades’ worth of corporate finance, accounting and administrative experience with federal government contractors. Bill Weber, president and CEO of KEYW,...
TYSONS CORNER, VA, May 26, 2016 ” Bostonia will provide Honeywell $64 million to finance two energy savings performance contracts from the General Services Administration and U.S. Army Corps of Engineers, ExecutiveBiz reported Wednesday. Bostonia said $33 million will go to Honeywell’s project to update heating, v...
TYSONS CORNER, VA, May 26, 2016 ” Battelle and Boeing (NYSE: BA) have teamed with the Texas A&M University System, the University of Texas System and the University of New Mexico in a joint bid to manage the Energy Department‘s Sandia National Laboratories, ExecutiveBiz reported Wednesday. Battelle said Tuesday DOE’s N...
FedBid has appointed Jim Spencer, former chief financial officer of iBiquity Digital Corporation, as CFO and executive vice president while Basil Gray, former Gray Areas president and CEO, was named vice president for sales and defense. The online reverse auction marketplace operator said Monday Spencer will head the company’sÂ...
A General Dynamics (NYSE: GD) subsidiary has received an $83.5 million contract to sustain the U.S. Navy™s fleet of littoral combat ships and maintain the vessels’ facilities. San Diego-based General Dynamics National Steel and Shipbuilding Co. will work to control corrosion on the ships, schedule maintenance works, administer suppor...
