A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has agreed to purchase the information technology services and consulting business of Dell for $3.05 billion as part of a push to expand further into new geographic markets such as the U.S. The companies did not disclose a timeline for the transaction’s cl...
Lockheed Martin (NYSE:LMT) has received a $180 million contract modification from the U.S. Navy to continue procurement of F-35 aircraft parts. The Defense Department said Thursday the modification builds on the advance acquisition contract awarded in December 2015 for long-lead-time materials, components and parts for the low-rate in...
John Hartley, an executive vice president and chief financial officer of Science Applications International Corp. (NYSE: SAIC), is set to depart the company by the end of June after a 15-year career there. He said in a statement published Thursday he is leaving the McLean, Virginia-based government services contractor to spend more ti...
Lockheed Martin (NYSE: LMT) has received a $1.5 billion contract modification to fund the procurement of C-130J aircraft for the U.S. Air Force. The Defense Department said Thursday the contract represents full funding for the procurement of long-lead items the Air Force ordered along with 28 fiscal 2016 C-130J. The covered aircraft are&nb...
Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have secured contracts worth $130.3 million combined to help reduce radar risks for the U.S. Air Force‘s Joint Surveillance Target Attack Radar System Recapitalization program. The service branch awarded $70.3 million to Northrop’s systems business and $60 mil...
A General Dynamics (NYSE: GD) unit has been awarded a $549.9 million contract to supply Stryker armored vehicles to the U.S. Army. General Dynamics Land Systems is scheduled to complete the task by Feb. 28, 2019, the Defense Department said Thursday. Stryker is an eight-wheeled and medium-weight armored vehicle that incorporates a weapon s...
The Defense Health Agency has awarded a McKesson Technologies subsidiary a $139 million contract for continued Military Health System patient engagement and interoperable secure messaging subscriptions. RelayHealth will provide 11, 725 MHS physicians, physical and occupational therapists, dentists and other medical providers with...
The GovCon Index lagged for a third consecutive trading session Thursday to end at a decline of 0.412 points to 74.640 on the week’s final day of trade as U.S. financial markets are closed on Good Friday. Thursday’s close puts the Index at a decline of 1.207 percent on a weekly basis to end the GCI̵...
TYSONS CORNER, VA, March 24, 2016 ” SAP‘s (NYSE: SAP) national security services business will provide consulting services to support the U.S. Army‘s enterprise resource planning efforts under a $17 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Monday the SAP NS2 contract covers ERP lo...
TYSONS CORNER, VA, March 24, 2016 ” Fortinet (Nasdaq: FTNT) has opened a new cybersecurity training academy that will offer network security certification programs at several locations around the world, GovCon Executive reported Wednesday. The company said Tuesday the Fortinet Network Security Academy will provide training through six...
