Major defense primes General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) did not experience “notable” impacts from the 35-day partial government shutdown, Wells Fargo Securities reported Friday. The investment bank added that Booz Allen Hamilton (NYSE: BAH) projected a March quarter im...
NASA has awarded three companies five-year contracts worth potentially $300M contract combined to investigate, design and implement environmental remedial measures on several agency properties nationwide. Work covers architectural and engineering services intended to help NASA assess and remove contamination at its facilities listed on the...
General Dynamics‘ (NYSE: GD) land systems subsidiary has received a potential five-year, $402.1M contract to provide technical support services for the U.S. Army’s fleet of Stryker ground combat vehicles. Work under the cost-plus-fixed-fee contract is scheduled to conclude Jan. 31, 2024, the Department of Defense said Thursday. The Army ...
CACI International (NYSE: CACI) has agreed to acquire Herndon, Va.-based government technology contractor LGS Innovations and purchased Rochester, N.Y.-based rugged equipment manufacturer through a pair of deals worth approximately $975M combined. Ken Asbury, president and CEO of CACI and a 2019 Wash100 winner, said in a statement released Wednesday...
Washington, D.C.-based private equity firm Arlington Capital Partners has agreed to acquire the fabrications business of Triumph Group (NYSE: TGI) for an undisclosed sum. Triumph Fabrications is composed of four independent firms with operations in San Diego; Phoenix; Shelbyville, Ind.; Hot Springs, Ark.; and Fort Worth, Texas, Triumph Group sa...
The U.S. Marine Corps has awarded iGov a potential five-year, $174M contract to develop a small form factor technology for combat data network users to send and receive information. Reston, Va.-based iGov said Monday it will replace the military service’s CDN Data Distribution System-Modular under the firm-fixed-p...
A new McAleese & Associates report says the partial government shutdown has temporarily halted after President Donald Trump signed on Friday a continuing resolution to fund agencies through Feb. 15. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that public attention is now focused on the expirati...
TYSONS CORNER, VA, January 28, 2018 ” Leidos (NYSE: LDOS) has received recognition for its programs to support the female workforce as well as its transparency in corporate gender reporting, ExecutiveBiz reported Jan. 17. The company said Jan. 16 Bloomberg’s 2019 Gender-Equality Index gave “best in class” rankings fo...
The federal government obligated $64.7B in fiscal 2018 information technology contracts, reflecting a 9.5 percent rise from the previous fiscal year, Bloomberg Government reported Friday. The Department of Defense™s spending on IT contracts rose by over 12 percent to $33.8B in FY 2018, while civilian agencies™ IT contract obligations in FY...
Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), told Breaking Defense in an interview published Wednesday that the merger with Engility allowed SAIC to double its intelligence business. He said the transaction enabled SAIC to broaden its reach to a wider range of agencies within the intelligence community, including the CI...
