Major defense primes General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) did not experience “notable” impacts from the 35-day partial government shutdown, Wells Fargo Securities reported Friday. The investment bank added that Booz Allen Hamilton (NYSE: BAH) projected a March quarter im...
A new report by consulting firm McAleese & Associates says Boeing™s (NYSE: GD) defense, space and security business posted $23.2B in 2018 sales, reflecting a 13 percent increase from the previous year. The BDS segment saw its 2018 backlog rise 30 percent to $57B driven by its œbuy-in strategy associated with the U.S. Air Force...
NASA has awarded three companies five-year contracts worth potentially $300M contract combined to investigate, design and implement environmental remedial measures on several agency properties nationwide. Work covers architectural and engineering services intended to help NASA assess and remove contamination at its facilities listed on the...
Michael Niggel, CEO of Advanced Concepts and Technologies International, will continue to serve on the Professional Services Council™s board of directors for the second consecutive year. œPSC provides a forum for open dialogue between the public and private sector to address the needs of our nation, including critical national securit...
Foundation Medicine has won a potential five-year, $111.5M contract to provide genomic sequencing testing and support services to Department of Veterans Affairs clinicians and hospitals across the U.S. VA announced the awardee for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract in a FedBizOpps notice posted Thursday....
TYSONS CORNER, VA, February 1, 2019 ” General Dynamics (NYSE: GD) has unveiled a plan to reinvest $1B into its manufacturing operations in 2019 as part of a capital expenditure strategy that includes the further development of submarine construction capabilities, ExecutiveBiz reported Thursday. USNI News reported Wednesday that the funds w...
Huntington Ingalls Industries™ (NYSE: HII) Newport News Shipbuilding division will design and build two Gerald R. Ford-class aircraft carriers for the U.S Navy under a $15.2B contract modification. The company said Thursday it will construct the future Enterprise vessel, designated CVN 80, and the yet-to-be-named CVN 81 ...
Science Applications International Corp. (NYSE: SAIC) will provide satellite ground system support to the U.S. Air Force™s Space and Missile Systems Center under a potential seven-year, $655M contact. The military service awarded the contract to Engility, which SAIC acquired through a $2.5B all-stock deal that closed just two weeks ag...
Paul Bradley, a former director at Guidehouse, has joined AbleVets as vice president of technology at the Chantilly, Va.-based health information technology engineering and consulting services provider AbleVets. He will oversee AbleVets’ approaches to apply, standardize, innovate and scale its core offerings, the compa...
General Dynamics‘ (NYSE: GD) land systems subsidiary has received a potential five-year, $402.1M contract to provide technical support services for the U.S. Army’s fleet of Stryker ground combat vehicles. Work under the cost-plus-fixed-fee contract is scheduled to conclude Jan. 31, 2024, the Department of Defense said Thursday. The Army ...
