Weekly Roundup April 2 – April 6, 2018 Click here to see Real-Time GovCon Sector Quotes DoD FY 2019 Budget & Wash100 Update Jim Garrettson, Executive Mosaic CEO On March 23rd, President Trump signed a $1.3 trillion spending bill for fiscal year 2019 which allocates $686.1 billion for the Department of Defense™s bud...
The State Department has approved a potential $1.3 billion foreign military sale of 155mm M109A5/A6 medium self-propelled howitzer structures and associated equipment to Saudi Arabia. Saudi Arabia asked to buy 180 M109A5/A6 self-propelled howitzer structures from the U.S. government for conversion into 177 155mm M109A6 Paladin medium self-propelled ...
TYSONS CORNER, VA, April 5, 2018 ” A joint venture of Huntington Ingalls Industries (NYSE: HII) and KBR business units will help establish and oversee a naval shipbuilding college in Australia in support of government efforts to bolster the country’s shipbuilding sector, ExecutiveBiz reported Tuesday. HII said Tuesday the Naval ...
https://www.youtube.com/watch?v=Hm35N2zgNfc PHILIPPINE SEA (March 24, 2018) Marines assigned to Marine Fighter Attack Squadron (VMFA) 121 mount 1,000-pound guided bomb units (GBU) onto an F-35B Lightning II aircraft on the flight deck of the amphibious assault ship USS Wasp (LHD 1) while underway in the Philippine Sea, March 24, 2018. This event mar...
General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics™ IT business and will stop trading on the New York Stock Exchange as a result of the transaction, Ge...
On Assignment concurrently wrapped up its $775 million purchase of Fairfax, Virginia-based information technology services provider ECS Federal and adopted the name ASGN Inc. (NYSE: ASGN) to reflect the combined entity™s business. The companies first announced the transaction in January and ASGN said Monday ECS will continue its ...
Kevin Davis, vice president for public sector at Splunk (Nasdaq: SPLK), has said government agencies should implement an adaptive response strategy to immediately address evolving cyber threats, automate their security processes and equip multi-layered security platforms with a defensive strategy. Davis wrote that the key to the ...
Boeing (NYSE: BA) has received a $311.8 million ceiling increase modification under a U.S. Air Force contract for the production of Joint Direct Attack Munition tail kits. The company will supply the military service with JDAM inertial guidance kits designed to increase bomb accuracy through global positioning system-based g...
The U.S. Army has chosen six companies to support the Defense Department‘s Joint Test and Evaluation Program under a potential 10-year, $900 million shared contract. DoD said Thursday 12 bids were submitted to the Army Corps of Engineers’ engineering research and development center for the cost-plus-fixed-fee contract via the internet. T...
CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. œWe will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels, CACI CEO Ken Asbury said in a statement published ...
