Antonio Neri, president of Hewlett Packard Enterprise (NYSE: HPE), will succeed Meg Whitman as CEO of the Palo Alto, California-based technology company in a move that takes effect Feb. 1, 2018. Neri will also join the company™s board of directors as part of his promotion, HPE said Tuesday. Whitman, who will continue to serve as ...
The Federal Trade Commission has given antitrust approval to DXC Technology (NYSE: DXC) to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions. FTC issued Friday a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 197...
Raytheon (NYSE: RTN) has received an $80 million contract modification from the U.S. Navy to perform design agent engineering and technical support services for the Phalanx close-in and land-based weapon systems as well as the SeaRAM missile defense platform. The Defense Department said Tuesday the award includes foreign military sale...
The U.S. Navy has awarded BAE Systems two contracts worth $183.8 million combined and a potential $11.5 million contract modification to maintain two Arleigh Burke-class destroyers and an Avenger-class mine countermeasures ship. BAE will provide human resources and facilities to help maintain, repair and upgrade the USS Howard (DDG 83) destroye...
BAE Systems‘ U.S. arm has received a potential $1.7 billion contract from the U.S. Army to manufacture additional howitzerz and ammunition carrier vehicles. The contract has a $413.7 million initial value that will cover execute the third and final option under the ongoing low-rate initial production of M109A7 self-propelled how...
Boeing (NYSE: BA) has received two foreign military sales contracts worth approximately $6.5 billion combined from the U.S. Air Force to deliver fighter jets and an aerial refueling aircraft to Qatar and Japan. The company’s defense, space and security business will provide 36 new F-15QA fighter jets for Qatar™s air force under a pot...
Weekly Roundup December 18 – December 22 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This month there was a significant amount of year-end contract activity in the GovCon marketplace. Foreign nations announced their intent to purchase military vehicles and the commencement o...
Boeing (NYSE: BA) and aerospace conglomerate Embraer are in talks over a œpossible combination. Brazil-based Embraer said Thursday any deal that would emerge from the discussions would need to be approved by Embraer shareholders, both firms™ boards of directors, the Brazilian government and other regulatory authorities. Embraer added there...
BAE Systems‘ land and armaments unit has received a potential $227.8 million contract modification to produce up to 228 sets of M109A7 self-propelled howitzer and M992A3 ammunition carrier vehicles. The Army Contracting Command obligated the full amount of the modification from its fiscal 2017 Army “other” procurement funds at the ...
TYSONS CORNER, VA, Dec. 21, 2017 ” A Cubic (NYSE: CUB) business unit has established a new office in Florida as it seeks to build on its command, control, communications, computers, intelligence, surveillance and reconnaissance portfolio for the military, ExecutiveBiz reported Dec. 14. The company said Dec. 14 Cubic Mission Solutions&...
