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Tag Archives: Consolidation

Unisys to Participate in $12.1B Contract with U.S. Army; Andrew Boyd Quoted

The U.S. Army Contracting Command selected the Unisys Corporation as one of 50 large companies to compete for task orders under a potential nine-year, $12.1 billion contract to provide IT services to all Army organizations, Unisys announced Thursday. Under the contract, Unisys will compete for task orders for services including …

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SAIC Eyes DC Real Estate Consolidation, IT Reinvestment; Nathan Rogers Quoted

TYSONS CORNER, VA, February 12, 2019 — Science Applications International Corp. (NYSE: SAIC) looks to consolidate its 31 offices across the Washington, D.C., area following its acquisition of Engility in an effort to optimize the integrated company’s operations and infrastructure, ExecutiveBiz reported Wednesday. Bisnow reported Feb. 4 that the effort …

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Kathy Warden: Northrop to Merge Two Tech Services Business Areas Into One Entity

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC), has said the company will begin in 2019 to consolidate into a single unit its system modernization and advanced defense services areas that operate under its technology services business. Warden, a three-time Wash100 recipient, told analysts Wednesday during the company’s earnings …

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Jason Aiken: General Dynamics Seeks to Compete in ‘Consolidating’ Govt IT Services Market

Jason Aiken, CFO of General Dynamics (NYSE: GD), has said the acquisition of CSRA (NYSE: CSRA) will help the Falls Church, Virginia-based aerospace and defense contractor compete in the government IT services market, Inside Defense reported Wednesday. “In a consolidating market, our thesis is that you either have to consolidate or get consolidated …

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Boeing Expands Role of CFO, EVP Greg Smith to Include Enterprise Performance Leadership

Boeing (NYSE: BA) has expanded the responsibilities of Greg Smith, chief financial officer and executive vice president of corporate development and strategy, to include leadership over business performance, innovation and corporate functional excellence. Smith will have the dual role of CFO and EVP for enterprise performance and strategy beginning July 1 …

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Cubic Building Larger Facility for GATR Technologies Business in Alabama; Mike Twyman Comments

TYSONS CORNER, VA, June 6, 2017 — Cubic‘s (NYSE: CUB) mission solutions organization is working to expand its GATR Technologies satellite communications business with the construction of a 63,000-square-foot facility in Huntsville, Alabama, ExecutiveBiz reported Thursday. The company said Thursday the future facility serves to consolidate GATR’s production, operations, engineering, business …

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SAIC CEO: GovCon Services Consolidation to Continue, ‘Time-To-Market’ Key in Bids

Science Applications International Corp.’s (NYSE: SAIC) chief executive told investors Thursday he expects consolidation among government services contractors to continue as companies continue to pursue portfolio reshaping initiatives. SAIC itself was a player in the GovCon services consolidation wave through the $790 million acquisition of Scitor announced in March 2015 nearly five months …

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Executive Mosaic Unveils 2016 Wash100 Inductees: GovCon’s Most Influential Voices

The year 2015 for government contractors was one that featured major landscape shifts in its composition unlike any other since the post-Cold War drawdown in the 1990s that resulted in consolidation among the defense market’s largest companies. GovCon’s services arena took its turn to drive the consolidation narrative in 2016 …

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GSA Issues RFP for Construction Services Under Federal Triangle South Project

The General Services Administration is seeking proposals for construction and development services in support of the agency’s efforts to consolidate its regional staff with headquarters and renovate four historic buildings at St. Elizabeths Campus. GSA said Friday the services are in exchange for development rights to the GSA Regional Office Building and Cotton Annex at Federal …

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Bill Toti to Lead Cubic’s Consolidated Defense Unit Under Reorg Initiative; Bradley Feldmann Comments

Cubic (NYSE: CUB) has appointed Bill Toti, formerly president of the mission support services unit, as president of the new global defense segment that was formed as part of the One Cubic business realignment initiative. The company said Wednesday Cubic Global Defense consolidated the defense systems and mission support services businesses to streamline operations and drive …

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