Tag Archives: contracts

Lockheed Acquires Energy Storage, Conversion Tech Maker Sun Catalytix

Lockheed Martin (NYSE: LMT) has acquired Cambridge, Massachusetts-based energy storage and conversion technology maker Sun Catalytix Corp. for an undisclosed sum. Sun Catalytix will operate as a subsidiary within Lockheed’s missiles and fire control business area and will do business under the name Lockheed Martin Advanced Energy Storage LLC, Lockheed said Monday. Twenty-five …

Read More »

Report: US Contractors’ Cut of Israel’s ‘Iron Dome’ Spending to Increase From 3% to 55%

Israel has agreed to share more than half of funds it will receive from the Pentagon next year with U.S. contractors to build Iron Dome anti-rocket shields, Bloomberg reported Wednesday. Tony Capaccio writes that the U.S. Missile Defense Agency told Congress in a report obtained by Bloomberg that funds going to …

Read More »

Razorsight Adds Local Govt Customer as it Works to Extend Reach of Predictive & Descriptive Analytics

Razorsight, the Reston, Va.-based provider of predictive and other cloud-based analytics solutions, has locked in a muti-year deal with a new local government customer that the company said serves one of the largest municipalities in the U.S. The firm’s Chief Technology Officer Suren Nathan said Razorsight will deploy a descriptive …

Read More »

Diane Balderson, Former NAVAIR Official, Joins Northrop as Contracts & Pricing VP

Diane Balderson, former executive director and assistant commander for contracts at Naval Air Systems Command, has joined Northrop Grumman (NYSE: NOC) as vice president of contracts and pricing. Northrop said Monday that the 33-year government acquisition veteran will oversee the company’s policies on contracts and pricing, as well as be responsible …

Read More »

Tony Smeraglinolo: Engility Targets New Contract Vehicles As DRC Buy Closes

Engility Holdings (NYSE: EGL) has closed its $11.50-per-share acquisition of Dynamics Research Corp. as part of a growth strategy to target markets such as healthcare and homeland security. DRC holds 300 active contracts and that figure includes several positions on indefinite-delivery/indefinite-quality contract vehicles awarded by the Defense Department and civilian agencies, …

Read More »

CAE USA Books $85M in 2Q Military Contracts; Gene Colabatistto Comments

CAE USA, a subsidiary of the Montreal-based aerospace and defense contractor, won approximately $85 million in contracts from military customers during the second quarter, including up to $50 million in option awards over the next five years. The contracts include an option for the fourth year of a training services contract the …

Read More »

Lockheed, Pentagon Close $8B in F-35 Contracts; Lorraine Martin Comments

Lockheed Martin (NYSE: LMT) and the Defense Department have closed on two new contracts worth $7.8 billion for the sixth and seventh batches of F-35 aircraft, Reuters reported Friday. Andrea Shalal-Esa writes the company received a $4.4 billion order for 36 F-35s and another $3.4 billion order for 35 F-35s. …

Read More »

DigitalGlobe Satellite Imagery Used to Monitor Forests in Russia and India

DigitalGlobe has announced that the company is seeing a spike in the demand for its satellite imagery offerings in the inventory and protection of a county’s natural resources. The company said that some of its recent customers for forestry mapping and monitoring include India and Russia, DigitalGlobe said Thursday. Russia …

Read More »

Harvey Nathan Joins Northrop as Govt Relations, Contracts Asst General Counsel

Harvey Nathan, formerly vice president of contracts at EADS North America, has joined Northrop Grumman (NYSE: NOC) as assistant general counsel for government contracts and government relations. The former Defense Department acquisition lawyer will provide legal counsel to the company’s government relations, contracts, business development and strategy organizations in his new role, …

Read More »

GSA Releases Details for OASIS Multiple Award Contract

The General Services Administration has released the final request for proposals for both the full and open and small businesses $60 billion One Acquisition Solution for Integrated Services multiple award contracts, Federal News Radio reports Thursday. Jason Miller writes that the GSA expects to make 20 to 40 awards for …

Read More »