TransDigm Group (NYSE: TDG) has concluded its approximately $4B purchase of Esterline Technologies (NYSE: ESL) in a push to expand its proprietary and sole-source content platform for defense and aerospace sectors. TransDigm initially announced the deal on Oct. 10 and the company said Thursday Esterline shareholders will get $122.50 in cas...
Cubic (NYSE: CUB) has purchased microfabricated radio frequency systems provider Nuvotronics for approximately $64M in cash as part of efforts to expand its portfolio of protected communications technology offerings. Durham, N.C.-based Nuvotronics designs and builds antennas, combiners, filters and other RF devices using the PolyStrata technology de...
Vectrus (NYSE: VEC) has received a one-year, $547.6M contract modification to continue helping the U.S. Army manage a military installation in Kuwait. The company will provide base operations and security support at Camp Arifjan through March 28, 2020 under the modification, the Department of Defense said Thursday. Army Contracting Command will obli...
CenturyLink (NYSE: CTL) has secured an authority to operate on the General Services Administration’s potential 15-year, $50B Enterprise Infrastructure Solutions contract for telecommunications and information technology services. “We’re excited to be the first vendor to receive an ATO on EIS so we can immediately hel...
The U.S. Navy has awarded Raytheon (NYSE: RTN) a four-year, $402.6M contract modification to produce three air and missile defense radar systems. Raytheon’s integrated defense systems business will provide the radars for installation on DDG 51 Flight III destroyer ships, the Department of Defense said Thursday. Work under the modification...
Roderick McLean, vice president and general manager of the integrated fighter group at Lockheed Martin (NYSE: LMT), has been appointed to succeed George Shultz as VP and GM for the company’s air mobility and maritime missions organization. Lockheed said Thursday McLean will manage C-130, C-5, LM-100J and P-3 programs while leading the firmR...
DFW Capital Partners has purchased a controlling stake in Sev1Tech, an information technology services provider to the government and commercial sectors, to help drive the latter’s growth efforts. Sev1Tech said Thursday it aims to expand service offerings and pursue larger projects through the investment from the private equity group. The Wood...
Five companies have won spots on a potential five-year, $495M contract from the U.S. Navy to support airfield paving projects at various government installations located in six states. Contractors will bid for task orders to build, renovate or repair airfield pavements across California, Arizona, Nevada, Utah, Colorado and New Mexico, the Department...
TYSONS CORNER, VA, March 14, 2019 ” Jacobs Engineering Group (NYSE: JEC) will provide environmental architect-engineering services to the U.S. Navy and Marine Corps in support of the Environmental Restoration Program and Munitions Response Program, among others, under a $68M contract modification, ExecutiveBiz reported Wednesday. The Department...
Robert Earl Johnson, a retired Army Signal Corps colonel, has been promoted to senior vice president for business development and cyber electromagnetic initiatives at AECOM (NYSE: ACM). He will oversee the company™s work with Army Cyber Command and Cyber Center of Excellence at Fort Gordon in Georgia, the company said Wednesday. œEarl...
