Novume Solutions has agreed to acquire back office management company NeoSystems for an undisclosed sum through a cash-and-stock transaction. Chantilly, Virginia-based Novume said Monday it expects to wrap up the acquisition in the first quarter of 2018, pending customary closing conditions. The transaction covers the assumption of some li...
TYSONS CORNER, VA, Nov. 20, 2017 ” Advanced Concepts and Technologies International will support the sustainment of U.S. Marine Corps specialized equipment under a potential three-year task order through the General Services Administration‘s One Acquisition Solution for Integrated Services Small Business contract vehicle, E...
TYSONS CORNER, VA, Nov. 20, 2017 ” Fluor (NYSE: FLR) has completed a project with the U.S. Army Corps of Engineers on the construction of a power line in Puerto Rico in efforts to restore electricity in the U.S. territory following Hurricane Maria, ExecutiveBiz reported Friday. The company said Thursday the project fulfills work under a...
TYSONS CORNER, VA, Nov. 20, 2017 ” PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense News re...
TYSONS CORNER, VA, Nov. 20, 2017 ” ViON will provide data storage and disaster recovery technology to the Department of Homeland Security‘s National Protection and Programs Directorate under a new agreement, ExecutiveBiz reported Friday. The company said Thursday the on-premise DataAdapt platform deployment will work to bui...
Hitachi Vantara™s federal business has assumed control of some of Brocade Communications Systems™ (Nasdaq: BRCD) federal service maintenance contracts and other assets under a definitive agreement signed in June. Hitachi Vantara Federal said Friday the agreement™s completion would provide the company access to Brocade™s...
Deltek has closed its $70 million cash acquisition of Onvia in a move to expand the delivery of public sector procurement data and market intelligence to government contractors. Deltek said Friday it will combine Onvia with its GovWin IQ market intelligence platform for GovCon companies through the transaction originally announce...
The State Department has given Poland the green light to buy the third configuration of the Patriot missile system equipped with the Integrated Air and Missile Defense Battle Command System and related equipment from the U.S. government under a potential $10.5 billion foreign military sales agreement. Raytheon (NYSE: RTN), Lockheed Martin ...
GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) ended the...
TYSONS CORNER, VA, Nov. 17, 2017 ” BAE Systems has entered into an agreement to continue its partnership with the Advanced Military Maintenance Repair and Overhaul Center in the United Arab Emirates to provide support for that country’s Hawk trainer aircraft fleet, ExecutiveBiz reported Thursday. The teaming arrangement wit...
