CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies™ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of ...
Gryphon Technologies has received a $75.9 million contract to offer engineering support services to the Ship Self-Defense System program office within the U.S. Navy‘s Program Executive Office for Integrated Warfare Systems through 2022. The company said Wednesday the contract is a single-award, competitively-bid deal. “We ...
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 ...
