TYSONS CORNER, VA, Sept. 15, 2016 ” Hughes Network Systems and Airbus‘ defense and space segment have expanded their partnership to offer the HM System satellite networking technology and Skynet satellite communications service in the defense market, ExecutiveBiz said Wednesday. The companies aim to help global military customer...
The U.S. Navy has awarded contract modifications worth $86.6 million combined to General Dynamics‘ (NYSE: GD) Electric Boat subsidiary and Oceaneering International (NYSE: OII) to support safety efforts and material work on the military branch’s submarines. The Defense Department said Friday the contract covers suppor...
TYSONS CORNER, VA, Sept. 9, 2016 ” Harris (NYSE: HRS) is set to feature its new robotic platform for explosive ordnance disposal and counter improvised explosive device operations during the Raven™s Challenge event in Thailand, ExecutiveBiz reported Thursday. The company said Wednesday its team of robotic specialis...
TYSONS CORNER, VA, Sept. 9, 2016 ” Lockheed Martin (NYSE: LMT) and Polska Grupa Zbrojeniowa, a state-owned defense consortium in Poland, have signed a letter of intent for PGZ member companies to take part in Lockheed’s defense and security programs, ExecutiveBiz reported Thursday. The agreement works to boost the involvement of ...
September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year ending on Sept...
Hewlett Packard Enterprise (NYSE: HPE) has announced plans to merge its non-core software assets with global enterprise software firm Micro Focus under an $8.8 billion deal that is expected to be tax-free to HPE. HPE said Wednesday both companies expect the combination of HPE™s big data, application delivery management, ente...
Science Applications International Corp.’s (NYSE: SAIC) chief executive told investors Thursday he expects consolidation among government services contractors to continue as companies continue to pursue portfolio reshaping initiatives. SAIC itself was a player in the GovCon services consolidation wave through the $790 million acquisition of Sc...
Science Applications International Corp. (NYSE: SAIC) reported second quarter earnings above analyst forecasts before markets opened Thursday with a year-over-year increase to net income in part on lower acquisition and integration costs. GovCon Index-listed SAIC said earnings for the quarter ended Aug. 5, 2016 came in at 85 cents per share versu...
Dell and EMC have completed their $67 billion cash-and-stock merger to form enterprise information technology company Dell Technologies (NYSE: DVMT) that is forecast to generate $74 billion in annual revenue. Dell Technologies will run as a privately controlled IT firm and offer clients a portfolio of technology platforms in the areas...
Zel Technologies has won a five-year, $165.3 million task order from the General Services Administration to provide research and development and acquisition support services to the Joint Improvised-Threat Defeat Agency. GSA’s federal systems integration and management center received three proposals for the cost-plus-award-fee task orde...
