Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said ...
Leidos (NYSE: LDOS), Textron‘s (NYSE: TXT) AAI subsidiary and AASKI Technologies have won positions on a potential five-year, $900 million contract for field support and technical services to the U.S. Army‘s product office for tactical unmanned aircraft systems. Five bids were submitted to the Army Contracting Co...
Israel Aerospace Industries has secured contracts worth nearly $2 billion to provide two kinds of surface-to-air missile system to India. IAI said Thursday it will supply the India’s army with a medium-range surface-to-air missile under a contract valued at $1.6 billion as well as build a long-range variant of the...
Hologic (Nasdaq: HOLX) has won a potential 10-year, $721.1 million contract from the Defense Logistics Agency to supply radiology systems, accessories and training services to U.S. military branches and federal civilian agencies. DLA received 27 offers for the indefinite-delivery/indefinite-quantity contract through a competitive acqu...
TYSONS CORNER, VA, April 6, 2017 ” John Dancy, chief information officer of CSRA (NYSE: CSRA), has said federal agencies should adopt a targeted approach to address accessibility and security challenges associated with government websites, ExecutiveBiz reported Tuesday. He wrote in a guest piece published Monday that agencies should look into w...
The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up on strong sales reports. Investors...
TYSONS CORNER, VA, April 6, 2017 ” CenturyLink (NYSE: CTL) has entered into an exclusive sales and distribution agreement with EagleForce Associates to offer the latter’s predictive analytics tool to government agencies for use in pharmaceutical monitoring, ExecutiveBiz reported Tuesday. The partnership aims to leverag...
TYSONS CORNER, VA, April 6, 2017 ” The Salesforce (NYSE: CRM) cloud platform for the public sector has received Impact Level 4 provisional authorization from the Defense Information Systems Agency for deployment to Defense Department users, ExecutiveBiz reported Tuesday. The company said Tuesday Salesforce Government Cl...
TYSONS CORNER, VA, April 6, 2017 ” DXC Technology (NYSE: DXC), the new company formed out of the merger between Hewlett Packard Enterprise‘s (NYSE: HPE) services business and Computer Sciences Corp., has partnered with Microsoft (Nasdaq: MSFT) to jointly offer a hybrid cloud service, ExecutiveBiz reported Wednesday. DXC said Tuesday ...
Joe Donohue, formerly chief financial officer and chief compliance officer of Agilex Technologies, has taken the CFO position at DLT Solutions as Craig Adler moves on to serve on the board of directors and head the audit committee. DLT said Thursday the new CFO brings nearly 30 years of professional experience and is in charge of its ...
