Thales Group has closed its acquisition of San Jose, California-based data protection technology vendor Vormetric after the French conglomerate obtained regulatory clearance for the estimated $424 million transaction. Patrice Caine, CEO of Thales, said in a statement issued Thursday the company will integrate Vormetric into its...
The U.S. Navy has awarded three companies spots on a potential five-year, $1.32 billion contract to help maintain amphibious warfare and surface combatant ships that dock in San Diego. The Defense Department said Wednesday that BAE Systems, General Dynamics (NYSE: GD) unit NASSCO and Continental Maritime of San Diego, a subsidia...
Raytheon (NYSE: RTN) has received a $573 million contract modification to produce additional Advanced Medium Range Air to Air Missiles for the U.S. Air Force. The award exercises options for lot 30 of AMRAAM and related items, the Defense Department said Wednesday. Raytheon will manufacture the missiles in Tucson, Arizona, through Feb. 28, 2019...
Lockheed Martin (NYSE: LMT) has been awarded a potential three-year, $197.6 million contract modification to carry out computer program baseline development work on the U.S. Navy‘s Aegis combat systems. The contract also covers design, testing, systems engineering, delivery and integration work on technology insertion-relat...
NASA will move forward to contract negotiations for the potential $104 million second phase of its Small Business Innovation Research program for future deep space missions. The space agency has selected 137 research and technology proposals from 117 U.S. small businesses and research organizations out of 323 responses received for the SBIR program,...
The GovCon Index turned upward in the last two hours of trade Wednesday after the Federal Reserve announced it would baseline interest rates unchanged and closed at a gain of 0.599 points to 73.987. Index stock Vectrus (NYSE: VEC) led all gainers at 9.44 percent after the information technology and communications contractor poste...
TYSONS CORNER, VA, March 16, 2016 ” Amazon Web Services (Nasdaq: AMZN) will provide cloud services to facilitate the migration of the Government Publishing Office‘s Integrated Library System Web portals to the cloud, ExecutiveBiz reported Tuesday. GPO said Thursday AWS’ cloud infrastructure will host GPO’s public-fac...
Jacksonville, Florida-based engineering and infrastructure services company Haskell has agreed to purchase Leidos‘ (NYSE: LDOS) heavy construction business and some design assets of the latter’s engineering business for an undisclosed sum. Haskell said Wednesday the transaction is scheduled to clos...
Retired U.S. Army Lt. Gen. Patricia Horoho, a former army surgeon general and head of the branch’s medical command, will join Accenture‘s (NYSE: ACN) U.S. government services subsidiary on April 6 as leader of the defense health practice. Accenture Federal Services said Wednesday she will oversee the pr...
Bechtel has appointed Barbara Rusinko, a three-decade engineering veteran and a former manager at Bechtel, to the role of president for the Reston, Virginia-based infrastructure management services contractor’s U.S. government business and to the rank of executive vice president. The company said Tuesday Rusinko will oversee the Bech...
