Elbit Systems of America (Nasdaq: ESLT) agreed to acquire the night vision business of Harris Corp. (NYSE: HRS) for approximately $350M. Harris said Friday the transaction is conditioned upon completion of its proposed merger with L3 Technologies (LLL) and customary closing conditions that include a receipt of all regulatory approvals. Stockholders ...
Applied Insight announced on Thursday that it is moving its headquarters from Ashburn, Va. to Tysons Corner, Va. and made changes to strengthen its leadership team. Mehdi Cherqaoui will serve as chief financial officer in a company that focuses on analytics, cloud and mission IT for federal government clients. He joined the company this month...
ABS Capital Partners closed a $23 million Series A funding round for deepwatch, a leading provider of intelligence-driven managed security services. deepwatch will accelerate research and development for its machine learning security analytics platform and market expansion. œCybersecurity leaders immediately recognize deepwatch™s truly rev...
David Luber, executive director of the United States Cyber Command, will be featured as the keynote speaker during the Potomac Officers Club™s 2019 Cybersecurity Summit on May 8th. At the event GovCon leaders from the public and private sector will discuss cyber resiliency and how to collaborate effectively on new cyber programs, initiatives an...
Consulting firm McAleese & Associates has released a report on the U.S. Army™s procurement and modernization plans as discussed by military officials at recent congressional hearings. Army Secretary Mark Esper and Chief of Staff Gen. Mark Milley, both 2019 Wash100 winners, appeared Tuesday before the House Armed Services Comm...
The Defense Logistics Agency awarded three companies contracts worth potentially $580.5M combined to provide storage batteries to the U.S. Army, Navy and Marine Corps. Each firm-fixed-price, indefinite-delivery/indefinite-quantity contract has two base years and three option years, the Department of Defense said Wednesday. Work is slated to occur th...
A report by consulting firm McAleese & Associates says the Navy and the Marine Corps requested a total budget of $206B for fiscal year 2020. The Navy™s FY 2020 budget request includes $20.4B in research, development, test and evaluation funds for several programs: unmanned surface vessels and unmanned underwater vehicles; dir...
Boeing (NYSE: BA) secured a potential 10-year, $250M contract to provide Joint Direct Attack Munition guidance kit services to domestic and international defense customers. The company’s defense, space and security business will perform JDAM/Laser JDAM sustainment, aircraft integration and technical support, the Department of Defense said Mond...
Lockheed Martin (NYSE: LMT) a potential $1.13B contract to manufacture lot 14 Guided Multiple Launch Rocket Systems and associated equipment for the U.S. Army and foreign military sales customers. The company said Thursday it will produce 9.5K unitary and alternative warhead rockets and more than 300 reduced-range practice rockets as well as provide...
DynCorp International has received a pair of task order extensions worth $111.4M combined to continue providing support services to U.S. Army facilities at Fort Irwin in California and Kwajalein Atoll on the Marshall Islands. The company said Thursday it will continue to support missions at the U.S. Army National Training Center through September un...
