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Parsons closed Friday its initial public offering three days after it started trading under the ticker symbol œPSN on the New York Stock Exchange. The company said Friday it offered more than 18.5M shares of common stock at a price of $27 per share and expects net proceeds from the IPO to hit approximately $462.9M,...

TYSONS CORNER, VA, May 10, 2019 ” A subsidiary of CAE (NYSE: CAE) received a contract from the U.S. Special Operations Command to work on rapid prototyping and simulation interoperability for the Open Geospatial Consortium’s Common Database, ExecutiveBiz reported Thursday. CAE USA said Wednesday its Mission Solutions Inc. business will ai...

TYSONS CORNER, VA, May 10, 2019 ” ManTech International (Nasdaq: MANT) received a four-star rating in this year’s iteration of Military Times’ annual ranking of the top employers for military veterans in the U.S., ExecutiveBiz reported Thursday. ManTech said Wednesday its inclusion in the “Best for Vets Employers “ 2019&#...

  President Donald Trump intends to nominate Acting Defense Secretary Patrick Shanahan to serve as Pentagon chief on a full-time basis, The New York Times reported Thursday. Sarah Huckabee Sanders, White House press secretary, announced the president’s intention in a tweet posted Thursday. “If confirmed by the Senate, I will con...

CACI International (NYSE: CACI) has secured a five-year, $415M contract to design, build and maintain systems for the U.S. Army’s Tactical Exploitation of National Capabilities office to gather intelligence data. The company said Thursday it will help TENCAP develop prototypes, platforms and sensors under the Exploit, Enhance, Enable, and Infl...

Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $106M contract to help the Defense Intelligence Agency’s National Media Exploitation Center manage paper documents and electronic media. The indefinite-delivery/indefinite-quantity contract covers document and media management, program support and related intel...

United Launch Alliance has received a $149.4M contract modification to manufacture a Delta IV heavy-lift rocket variant for the U.S. Air Force™s National Security Space Launch program. The modification increases the total value of a previously awarded contract to $449.8M and tasks the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint venture ...

Richard Hill, a board member at Symantec (Nasdaq: SYMC) since January, has been named interim president and CEO of the Mountain View, Calif.-based cybersecurity company. He replaces Greg Clark, who stepped down after three years at the helm, as the company begins its search for a full-time CEO, Symantec said Thursday. Hill has chaired Marvell...

TYSONS CORNER, VA, May 9, 2019 ” Kratos Defense and Security Solutions (Nasdaq: KTOS) is working with Aerovironment to demonstrate an unmanned aircraft system in which a small tube-launched drone can be deployed from another that is larger and runway-independent to operate across multiple domains in near-peer, denied environments, ExecutiveBiz ...

Mac Curtis, president and chief executive officer of Perspecta, was honored Wednesday, May 8th, during the Boy Scouts of America National Capital Area Council™s Good Scout Technology Award Luncheon at the Tysons Corner Marriott in Tysons, Va. Phil Nolan, general partner of Blue Delta Capital Partners, served as Good Scout chair for the event an...