The U.S. Army has awarded positions on a $910 million hybrid contract to 22 companies for the maintenance of machines, systems and vehicles over a five-year period. The contractors will compete for orders under the cost-plus-fixed-fee and firm-fixed-price award to provide repair and overhaul support services to ensure the military assets are kept op...
General Dynamics‘ (NYSE: GD) land systems business will provide active protection system kits to the U.S. Army for main battle tanks under a five-year, $280.1 million contract. The service branch will use the Trophy kits on its M1A2 SEPv2 and M1A2 SEPv3 Abrams family of vehicles, the Department of Defense said Thursday. Army Contracting Comman...
Marco Galbiati, formerly general manager of Fincantieri Marine Group, has been appointed CEO of the company. He succeeds Dario Deste, who will continue to serve as president of FMG and GM of Fincantieri’s naval vessels division, the company said Thursday. In 2018, Galbiati assumed the GM position and was responsible for growing the business and...
A TPT Global Tech subsidiary has entered into a stock transaction to acquire IST LLC, a general construction and information technology services company that works with government customers. Under the deal, IST founder Everett Lanie will receive 2 million shares of TPT Strategic’s common stock and become the latter’s president and a memb...
Private investment firm GI Partners has completed its acquisition of GTY Technology Holdings (Nasdaq: GTYH), a Boston-based provider of cloud software platforms for the public sector. The deal was first announced on April 29 and was approved by GTY shareholders on June 30, the companies said in a joint release published Thursday. Under the terms...
ExecutiveBiz featured Kerron Duncan, director of technology for the chief information office with Northrop Grumman, in a recent Executive Spotlight interview published Wednesday. He talked about his over two decades of career at Northrop and the work his team is responsible for to meet customers’ mission requirements. The Q&A also tackled ...
Tetra Tech (Nasdaq: TTEK) has acquired process automation and systems integration company The Integration Group of Americas for an undisclosed sum in a push to expand its digital water and energy practices. Tetra Tech said Thursday its government services group will absorb TIGA and the acquired entity’s personnel who specialize in software eng...
Leidos (NYSE: LDOS) has won a potential $358.5 million contract from the U.S. Navy to build a medium-size unmanned undersea vehicle for surface-launched mine countermeasures and torpedo tube-launched data collection operations. Naval Sea Systems Command received four offers for the MUUV project and obligated an initial $12 million to cover design se...
The U.S. Navy has added eight companies as awardees on a $2.12 billion multiple-award contract to provide husbanding, management and integration services to maritime forces who participate in exercises or missions led by the Department of Defense and NATO. Work covers land transportation, communications, force protection, general charter and hire se...
General Dynamics’ (NYSE: GD) land systems business has received a potential five-year, $145.5 million contract from the Defense Logistics Agency to provide spare parts for several combat vehicles. The spare parts are intended for the U.S. Army’s Abrams main battle tanks, Stryker family of vehicles, Buffalo, Cougar, RG-31 and family of light armo...
