The GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains. U.S. markets also struggled for direction after the early morning terrorist attacks at the main airport and a subway station in Brussels that killed at...
New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and t...
A CH2M-led consortium has won a potential 10-year, $500 million contract to provide engineering and construction support for the first phase of the High Speed 2 railway project in the U.K. CH2M will work with SENER and Atkins to provide program and construction management support, engineering services and assistance for the acquisition of the civils...
CNA‘s Center for Naval Analyses has received a potential $557.7 million U.S. Navy contract to provide applied research and analyses support to the Office of the Chief of Naval Operations. The federally-funded research and development center will conduct studies on the Navy and U.S. Marine Corps‘ major concerns and maintain staf...
RAND Corp. has received a potential five-year, $231.3 million contract to provide consulting support services to the U.S. Air Force through the Project Air Force federally funded research and development center. The RAND-operated FFRDC will perform research and analyses that seek to address the service branch’s space, cyber and aerial requirem...
Ken Myers, former director of the Defense Threat Reduction Agency, has joined Arlington, Va.-based government logistics service contractor PAE as president of the company™s national security solutions business unit. PAE said Monday Myers will oversee the NSS unit that PAE created in 2015 from its January 2015 acquisition&nbs...
Boeing (NYSE: BA) has appointed four executives to its newly formed regional leadership team that will be responsible for the aerospace and defense contractor’s operations in Europe. Marc Allen, president of Boeing’s international segment, said Thursday the initiative will enable appointees to make decisions on a...
Mar. 14 – Mar. 18 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A Vienna, Virginia-based contractor that has been among the most prominent small businesses in federal contracting has started a new path in its two-decade journey from humble beginnings. Indus Corp., th...
TYSONS CORNER, VA, March 18, 2016 ” Lockheed Martin (NYSE: LMT) has incorporated 3D printing technology as part of the company’s efforts to decrease satellite development time by 40 percent and reduce total spending, ExecutiveBiz reported March 8. “Ultimately [the government] is going to go to a new architecture, so by reducing...
Skot Butler, vice president of satellite networks and space services at Intelsat General — a U.S. subsidiary of the Luxembourg-based satellite services provider — has been promoted to president. His promotion is effective April 4 and he will succeed Kay Sears, who is leaving the company after a 10-year care...
