Processing....
Jacobs Engineering Group (NYSE: JEC) has agreed to buy CH2M through an estimated $3.27 billion transaction as both companies aim to deliver additional infrastructure and engineering services to government and private sector clients. Dallas, Texas-based Jacobs said Wednesday it will pay $2.85 billion in cash and stock for CH2M and assume $416 mi...
Lockheed Martin (NYSE: LMT) has landed a $161.4 million contract from the U.S. Army to produce 150 tactical missile systems and guided missile launch assemblies under the ATACMS GMLA Service Life Extension Program. The Defense Department said Wednesday Lockheed will perform work in Texas, Arkansas, Vermont, Colorado, Connecticut, Florida, ...
The Executive Mosaic GovCon Index (GCI) closed up slightly to 99.401, positive 0.008 percent. KBR topped the GCI posting strong Q2 earnings which resulted in a 8.29 percent gain on the day. Advancers and decliners were evening split. The major indices closed mixed. The S&P500 up 0.05 percent to 2,477.57, while the DJIA broke 22,00...
TYSONS CORNER, VA, Aug. 2, 2017 ” PV Puvvada, president of Unisys‘ (NYSE: UIS) federal business, has indicated the need for government security professionals to provide an overview of the agency’s cybersecurity strategies to senior leaders amid a mandate that sets their accountability for cyber measures, ExecutiveBiz ...
TYSONS CORNER, VA, Aug. 2, 2017 ” Cameron Chehreh, chief technology officer of Dell EMC™s federal business, has said agencies can utilize cloud computing technology to manage the volumes of data generated from the Internet of Things, ExecutiveBiz reported Friday. “Cloud provides federal agencies with the improved flexi...
TYSONS CORNER, VA, Aug. 2, 2017 ” BAE Systems aims to open a new facility in Australia that will serve as a hub for the company’s aerospace, land and maritime business operations in Victoria, ExecutiveBiz reported Tuesday. The company said Tuesday the future defense hub will house production of the Land 400 armed combat rec...
TYSONS CORNER, VA, Aug. 2, 2017 ” Boeing (NYSE: BA) has established a business unit that will work to produce aircraft controls and electronics systems in efforts to drive technology insourcing, ExecutiveBiz reported Tuesday. Fox Business reported Monday the new Boeing Avionics organization will target the market for commercial and mi...
TYSONS CORNER, VA, Aug. 2, 2017 ” A PAE business unit will provide logistics and organizational, intermediate and depot-level maintenance services to the U.S. Navy in support of the F-5F Tiger II and F-5N Freedom Fighter aircraft under a $43.7 million contract modification, ExecutiveBiz reported Tuesday. The Defense Departme...
ICF (Nasdaq: ICFI) has secured a potential $93 million contract to help the Army Research Laboratory explore cybersecurity methods and tools for computer network defense. The company said Tuesday it will conduct onsite and remote security reviews for ARL and and subscribers as part of the contract, as well as help align the lab&#...
The State Department has cleared Iraq’s request to procure follow-on technical support for U.S.-origin naval vessels and a ship repair facility under a potential $150 million foreign military sales agreement. Iraq requested spare and repair parts; support and test equipment; publications and technical documentation; personnel trainin...
