Oshkosh Corp.‘s (NYSE: OSK) defense segment has secured three contract modifications worth $259.6 million combined to continue refurbishment work on heavy expanded mobility tactical trucks, palletized load systems and self-recovery winches for the U.S. Army. The Defense Department said Wednesday Oshkosh will modernize M1977A4, M984...
Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....
Boeing (NYSE: BA) and a Leonardo DRS subsidiary have received contracts worth up to $192.8 million combined to install Gigabit Ethernet Data Multiplex System hardware aboard the U.S. Navy™s DDG 51-class destroyers. The firm-fixed-price contracts also cover the provision of spare parts and checkout repair services for AN/USQ-...
KeyW (Nasdaq: KEYW) has wrapped up its $235 million cash acquisition of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. Hanover, Maryland-based KeyW completed the transaction a month after it agreed to acquire Sotera as part of efforts to advance strategic growth and expand footprint...
McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bry...
BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has secured a potential $112 million contract to sustain and provide technical support for the U.S. Army‘s recovery vehicles. The four-year contract covers services for BAE-built M88A1 and M88A2 recovery vehicles, the company said Monday. BA...
Weekly Roundup March 27 – March 31 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, the GovCon industry witnessed several high-profile private sector executive moves. It goes without saying that these leadership changes could impact industry in a positive way...
Lockheed Martin (NYSE: LMT) has won a potential seven-year $288 million contract to build a laser-based training device for the U.S. Army to simulate the firing capacity of soldiers and combat vehicles as well as test the engagement effects of multiple weapons. The Defense Department said Friday the Instrumentable ...
Saab has received a potential nine-year, $358.4 million contract from Sweden™s defense material administration to develop and produce an anti-ship missile platform for integration with the country’s Visby-class corvette ships and Gripen E fighter jets. The anti-ship missile system will have an updated target seeker and combat ra...
https://www.youtube.com/watch?v=-eG_TSYVFko U.S. Marines with Echo Company, 2nd Battalion, 6th Marine Regiment, 2nd Marine Division, conduct a frag assault course at Graze Range, U.S. Army Yuma Proving Grounds for Talon Exercise (TalonEx) 2-17, Yuma, A.Z., March 21, 2017. The purpose of TalonEx was for ground combat units to conduct integrated train...
