New York-based financial services firm Millstein & Co. has purchased four government service businesses from Norfolk, Virginia-based debt buyer PRA Group (Nasdaq: PRAA) for $91.5 million cash. Millstein said Thursday it will operate Broussard Partners, eGov Systems, MuniServices and Revenue Discovery Systems through its newly formed entity ̵...
Rolls-Royce has secured a $73.6 million task order to sustain the propulsion systems of the U.S. Air Force‘s fleet of C-130J Super Hercules transport aircraft. The company will also provide inventory control point management, repair, sustaining engineering and technical data support services under the task order, the Defense Department sa...
Ball Aerospace & Technologies Corp. and Infoscitex have received contract modifications worth $75 million combined to continue to provide research and development support in the areas of human perception and cognitive technologies for the U.S. Air Force. The Air Force Research Laboratory awarded the modifications to a previously awarded indefini...
Executive Mosaic’s GovCon Index traded lower Thursday with declines by large caps McKesson Corp. (NYSE: MCK), Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) the main contributors in a mixed trading session for U.S. stocks. GovCon Index decliners slightly edged gainers as seven of its 11 S&P 500 components advanced with co-listed L3 ...
TYSONS CORNER, VA, Jan. 26, 2017 ” Advanced Concepts and Technologies International has appointed Chris Devens, previously Camber‘s operations and business development director, as the new BD director at the Arlington, Virginia-based total acquisition management service provider, GovCon Executive reported Wednesday. Devens will ...
TYSONS CORNER, VA, Jan. 26, 2017 ” IBM (NYSE: IBM) has helped develop N&C‘s new analytics platform that works to analyze regulatory documents from the Federal Register for commercial, government and non-profit organizations, ExecutiveBiz reported Wednesday. N&C said Tuesday IBM supported the creation of a prototype ...
TYSONS CORNER, VA, Jan. 26, 2017 ” BAE Systems‘ technology solutions and services unit has secured a one-year, $24.4 million contract modification from the U.S. Navy for logistics services and incidental materials in support of the Naval Air Warfare Center‘s aircraft division, ExecutiveBiz reported Wednesday. NAWCAD’...
TYSONS CORNER, VA, Jan. 26, 2017 ” Microsoft (NYSE: MSFT) has released an expanded Azure Blueprint program to help Defense Department mission owners fulfill security requirements under the Information Impact Level 5 baseline, ExecutiveBiz reported Wednesday. The new Azure Blueprint release features a DoD L5 Customer Responsibilit...
TYSONS CORNER, VA, Jan. 26, 2017 ” Aerospace Industrial Development Corp. has begun to implement updates to Taiwan’s fleet of Lockheed Martin-built (NYSE: LMT) F-16 Fighting Falcon aircraft, ExecutiveBiz reported Wednesday. Taiwanese state-owned AIDC stated that it expects to complete the modernization work on 144 F-16s in ...
A subsidiary of Honeywell International (NYSE: HON) has received a notice to proceed from the National Nuclear Security Administration to start the transition efforts for the operation and management of Sandia National Laboratories. National Technology & Engineering Solutions of Sandia will assume management responsibili...
