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Environmental Chemical Corp. will continue to support hurricane recovery efforts at a U.S. Marine Corps installation in Jacksonville, N.C., under a $121.7M contract modification from Naval Facilities Engineering Command. The Department of Defense said Wednesday ECC will provide roof repairs, internal and external building repairs and civil repairs a...

Raytheon‘s (NYSE: RTN) space and airborne systems business has received a potential five-year, $98.6M contract to fix 25 weapon repairable assemblies for AN/APG-79 active electronically scanned array radars used on the U.S. Navy’s F/A-18 aircraft fleet. Work under the sole-source contract, which has a $57.9M initial value, is initially s...

Parsons confidentially filed with the Securities and Exchange Commission a draft registration statement for its planned initial public offering. The company said Tuesday it has not yet determined the number of shares and price range for the proposed IPO, which is set to kick off once SEC concludes its evaluation process. The IPO is projected to...

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $1.47B contract to build the first landing platform dock under the LPD-17 Flight II program. HII said Tuesday its Ingalls Shipbuilding division will perform detail design and construction of LPD 30, which will serve as the 14th vessel of the Navy’s San Antonio...

Jim Garrettson, founder and CEO of Executive Mosaic, presented Stu Shea, president and chief executive officer of Peraton, with his third Wash100 Award win on Tuesday. Executive Mosaic recognizes Shea for accelerating organic growth and providing exemplary customer service. We are pleased to present the most coveted award in government contracting t...

Raytheon (NYSE: RTN) has appointed Wesley Kremer, head of the firm™s integrated defense systems, as president of missile systems business, and Ralph Acaba, a 33-year company veteran, as president of IDS in a move that will take effect on March 30. “Wes and Ralph each bring extensive technical and operational expertise to their new roles....

Palantir Technologies has won a potential contract worth over $800M from the U.S. Army to build and deploy a battlefield intelligence platform for warfighters, The Washington Post reported Tuesday. The Army selected Palantir and Raytheon (NYSE: RTN) in March 2018 to help address the service™s technology requirements for the Distributed Common G...

Five companies have won contracts worth up to $350.6M combined to provide training and supplemental materials for Department of the Navy acquisition professionals. Contractors will work to help the department energize its acquisition personnel, foster teamwork, understand career path productivity and inform workforce-related decision making, accordi...