The Federal Trade Commission has given antitrust approval for global private equity firm H.I.G. Capital™s proposed $283 million cash acquisition of government information technology services contractor NCI (Nasdaq: NCIT). FTC granted early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improve...
TYSONS CORNER, VA, July 31, 2017 ” Northrop Grumman (NYSE: NOC) has moved forward to the engineering, manufacturing and development phase of its work to update the F-16 aircraft’s active electronically scanned array radar for the Air National Guard, ExecutiveBiz reported Friday. The National Interest reported Wednesday that Nort...
The State Department has approved Switzerland™s request to buy tactical radio systems, software support, cueing platforms and other services to support upgrades to F/A-18 fighter aircraft under a potential $115 million foreign military sales agreement. Switzerland asked to procure Multifunctional Information Distribution Sys...
Kurt Amend, president of Raytheon‘s (NYSE: RTN) operations in Saudi Arabia, has been named CEO of the Raytheon Arabia business. The company said Sunday the nearly three-year public and private sector veteran will oversee the unit’s business strategy and execution of defense-related projects in the Middle Eastern country. Amend’...
Doug Wagoner, president of services and solutions sector at Science Applications International Corp. (NYSE: SAIC), will step down from his role at the Reston, Virginia-based government information technology services contractor on Sept. 1. Dan Harris, senior vice president and general manager of SAIC’s sector operations and plann...
Weekly Roundup July 24 – July 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Open source intelligence (OSINT), as described in a previous Weekly Round Up column, is an incredibly powerful research methodology that is already being used by forward looking compa...
Boeing (NYSE: BA) has secured a potential three-year, $276.6 million contract from the U.S. Army to support the engineering and manufacturing development phase of the CH-47F Chinook Block II program. The Army received one bid for the cost-plus-incentive-fee contract through an online solicitation and obligated $27.3 million in fiscal ...
TYSONS CORNER, VA, July 27, 2017 ” Seagate Technology (Nasdaq: STX) has named Dave Mosley, president and chief operating officer, as its CEO effective Oct. 1 as incumbent Stephen Luczo transitions to the role of executive chairman of the board, GovCon Executive reported Wednesday. The company said Tuesday Mosley — who currently overs...
BAE Systems‘ U.S. arm has received a one-year, $72.6 million contract option to help the U.S. Air Force integrate the service branch’s Minuteman III intercontinental ballistic missile system. The company will provide systems engineering, technical assistance support, training and development services for the weapon system, the Defense De...
The Chief of Naval Research Rear Adm. David Hahn discusses his framework for success: “Naval Research and Development: A Framework for Accelerating to the Navy and Marine Corps After Next....
