GovCon Wire Your Direct Source for Government Contracting News
Chad Wolf, acting undersecretary of policy at the Department of Homeland Security, has been selected to serve as DHS secretary on an interim basis, the Wall Street Journal reported Friday.
Read More »Chad Wolf Named Acting DHS Chief
PAE to Merge With Gores Holdings III; John Heller Quoted
PAE, a portfolio company of investment firm Platinum Equity, has agreed to merge with special purpose acquisition company Gores Holdings III (Nasdaq: GRSH) in a push to advance its strategic plan and growth efforts.
Read More »David Young Appointed CenturyLink Public Sector SVP
David Young, senior vice president for strategic government at CenturyLink (NYSE: CTL) and a 2019 Wash100 awardee, has been named SVP of the company’s newly established public sector group, GovCon Wire has learned.
Read More »DynCorp Raises Funds to Support Military Survivor Assistance Nonprofit TAPS; George Krivo Quoted
TYSONS CORNER, VA, October 31, 2019 — DynCorp International gave a $215,750 donation to the Tragedy Assistance Program for Survivors nonprofit organization, Executive Biz reported Oct. 28.
Read More »Lockheed, Pentagon Strike $34B Deal for 478 F-35s
Lockheed Martin (NYSE: LMT) and the Department of Defense have finalized a $34B contract for the company to produce and deliver 478 F-35 Lightning II fighter jets for lots 12 through 14 in support of U.S. service branches, allies and foreign military sales clients.
Read More »McAleese & Associates: Northrop Posts $65B in Total Backlog for Q3 2019
A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its year-to-date backlog rise 22 percent to $65B in the third quarter of 2019 and posted $8.5B in Q3 sales, reflecting a 5 percent increase from the same period last year.
Read More »McAleese & Associates: Boeing’s Defense Segment Posted $7B in Q3 Sales
A new McAleese & Associates report says Boeing’s (NYSE: BA) defense, space and security business recorded $7B in sales during the second quarter of 2019, reflecting a 2 percent increase from the prior-year period.
Read More »Microsoft Wins $10B DoD JEDI Cloud Contract
Microsoft (Nasdaq: MSFT) has won the potential 10-year, $10B Joint Enterprise Defense Infrastructure cloud computing contract from the Department of Defense.
Read More »Raytheon, Vista In Talks Over Cyber JV Forcepoint; Thomas Kennedy Quoted
Raytheon (NYSE: RTN) and Vista Equity Partners are in discussions over the value of Forcepoint, a joint cybersecurity venture the companies formed in 2015, Inside Defense reported Thursday.
Read More »McAleese & Associates: Lockheed Expects $35B F-35 Block Buy Award in Q4 2019
A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) expects a potential $35B block buy contract to be awarded in the fourth quarter of 2019 for lots 12 through 14 of the F-35 fighter jet.
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