Alicia Townes, formerly vice president and corporate controller of Vistronix, has joined defense technology firm VT Group as senior vice president and chief financial officer. VT Group said Friday Townes joins the company’s executive leadership team that aims to drive strategic growth and development efforts. Her appointment comes si...
CACI International (NYSE: CACI) has won a potential four-year, $91 million task order to help a U.S. Army organization research, develop and evaluate airborne intelligence systems. The company said Monday it will assist the Flight Activity of the Army’s Communications-Electronics Research, Development and Engineering Center in e...
Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...
Raytheon (NYSE: RTN) has received a potential $1.5 billion indefinite-delivery/indefinite-quantity contract to help the Missile Defense Agency operate and maintain two kinds of ballistic missile radar technology. The Defense Department said Friday Raytheon’s integrated defense systems unit will continue to provide logistics supp...
On October 29th at 11 am on WJLA; and 6PM on News Channel 8 Jim McCarthy the host of The Bridge was joined by Dan Mindus, Managing Partner, NextGen Venture Partners and Seth Demsey, Co-Founder, 300 Qubits – for a discussion about the advance of technology, and the hopes and concerns accompanying it. Later in the show,...
Weekly Roundup October 23 – October 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With October coming to a close, let’s take a look at the most significant M&A activity that took place over the course of this month. Notable M&A activity includes: S...
AECOM’s (NYSE: ACM) URS Federal Services subsidiary has wrapped up the transition phase for a potential 16-year, $3.6 billion contract that covers range support services to the U.S. Air Force. URS Federal Services completed the transition after the service branch addressed a protest that delayed commencement of contract wor...
The General Services Administration has awarded 70 companies spots on a 10-year, $5 billion governmentwide acquisition contract for information technology support services. GSA said in a FedBizOpps award notice posted Thursday 187 bids were submitted for the Veterans Technology Services 2 contract vehicle through a request for proposals issued in Ap...
Matt Donovan, Air Force undersecretary, has said the service™s $2 billion funding request for the B-21 bomber aircraft program for fiscal year 2018 would be spent on software development and staffing efforts at Northrop Grumman (NYSE: NOC), Bloomberg Technology reported Wednesday. The military branch will also allocate part of the requested fun...
Northrop Grumman (NYSE: NOC) has decided to drop the company™s pursuit of the U.S. Navy™s carrier-based unmanned aerial refueling tanker program, Defense News reported Wednesday. The contractor™s decision came two weeks after the service issued the final request for proposals for the MQ-25A Stingray program. œWinning is...
