Sarasota, Florida-based industrial and technology conglomerate Roper Technologies (NYSE: ROP) has wrapped up its acquisition of Deltek for $2.8 billion. Roper completed the transaction three weeks after it agreed to purchase Deltek from private equity firm Thoma Bravo. Roper said Wednesday it funded the deal with cash on hand, funds und...
The U.S. Army has selected six companies to support environmental remediation efforts of the military branch’s engineering and support center under a potential five-year, $301 million contract. The Army Corps of Engineers received 17 proposals for the shared contract via an internet solicitation and work locations wil...
Ameresco has won a potential 25-year, $210.6 million task order to help the U.S. Navy implement energy improvement and conservation measures at Marine Corps Recruit Depot in Parris Island, South Carolina. The Defense Department said Wednesday the company will provide a new combined heat and power plant, solar carport and gr...
The U.S. Navy has awarded a Raytheon (NYSE: RTN) business unit a $207.9 million foreign military sale contract to manufacture Stinger FIM-92H and FIM-92F Block 1 missiles and associated equipment for three international customers. Raytheon Missile Systems will also deliver captive flight trainers, other training devices and related sp...
Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks gained and no...
TYSONS CORNER, VA, Dec. 28, 2016 ” Hughes Network Systems has launched a new enterprise-grade wide-area network optimization tool designed to assist multi-branch organizations in providing network support across branch locations, ExecutiveBiz reported Tuesday. The company said Dec. 15 the Hughes ActiveClassifier will work to automatic...
TYSONS CORNER, VA, Dec. 28, 2016 ” Professional Services Council has appointed Carey Smith, president of Parsons‘ federal business unit, to be the secretary of the trade association’s board of directors, GovCon Executive reported Thursday. Smith will also continue to serve as a member of PSC’s executive committee for anot...
TYSONS CORNER, VA, Dec. 28, 2016 ” BWX Technologies‘ nuclear operations group has received a $35 million contract from General Dynamics‘ (NYSE: GD) Electric Boat subsidiary to develop and construct Virginia Payload Module launch tubes for the Virginia-class submarine program, ExecutiveBiz reported Tuesday. The VPM tub...
TYSONS CORNER, VA, Dec. 28, 2016 ” The State Department has approved the $37 million sale of 750 Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and associated equipment to the government of Kuwait, ExecutiveBiz reported Tuesday. The Defense Security Cooperation Agency said Friday the foreign military sales contract wil...
The U.S. Navy has awarded DLT Solutions a potential five-year, $133.4 million blanket purchase agreement to provide Red Hat (NYSE: RHT) software licenses for the service branch. The BPA has a base ordering term of one year worth approximately $22.8 million and four option years for firm-fixed-price task orders, the Defense Department said Tuesday. T...
