General Dynamics™ (NYSE: GD) land systems business unit has won a $170.7 million contract to produce a simulator for the Raytheon-built (NYSE: RTN) weapon system onboard Stryker vehicles. The U.S. Army awarded the cost-plus-fixed-fee contract following an Internet-based solicitation and will determine the funding with each order, the Defen...
Orion International, a military talent acquisition services provider to corporate clients, has purchased recruitment company Novotus for an undisclosed amount. Orion CEO Mike Starich said in a statement released Tuesday he believes the transaction works to combine the companies’ capabilities. Cory Kruse will continue to lead Novotus as pr...
TYSONS CORNER, VA, January 26, 2016 ” Boeing (NYSE: BA) has completed the first refueling test of the company-built KC-46A Pegasus tanker aircraft with an F-16 jet, ExecutiveBiz reported Monday. The company said Sunday the tanker offloaded up to 1, 600 pounds of fuel to the jet while flying over Washington state at an altitude of...
CACI International (NYSE: CACI) has received a four-year, $35 million task order to perform program management and technical analysis on the U.S. Fleet Forces Command™s computer infrastructure. The company will work to maintain computer models ship components and hardware under the contract, CACI said Tuesday. œWe will continue to support ...
Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenu...
The General Services Administration has asked shortlisted contractors to submit proposals for the construction of a consolidated FBI headquarters building that will receive $1.4 billion in funds under President Barack Obama’s budget for fiscal year 2017. The FBI Headquarters Consolidation Project is part of GSA’s program to comply w...
Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
System of Systems Security has won a potential five-year, $99 million “other transaction” agreement with the U.S. Air Force to develop, integrate and test information sharing technology prototypes for various C4ISR systems. The Air Force Research Laboratory received six offers for the program through a competitive pro...
The State Department has approved Iraq™s request to buy munitions, weapons, related equipment and logistics support services for F-16 fighter jets from the U.S. government under a potential $1.95 billion foreign military sales agreement. The Defense Security Cooperation Agency said Wednesday that Iraq will use the weapons systems...
Tiffanny Gates, formerly vice president of cyber strategies at Raytheon‘s (NYSE: RTN) Blackbird Technologies subsidiary, has joined Novetta as president of the company’s federal division. Gates will be responsible for the company’s projects for the U.S. government and for the division’s strategy, business development and...
