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Tag Archives: Defense Department

Army Taps L-3 for Potential $500M Data Link, Satcom Services Contract

L-3 Communications (NYSE: LLL) has secured a potential five-year, $500 million contract to provide common data link and satellite communications support services to the U.S. Army. The cost-plus-fixed-fee contract will run through Oct. 31, 2021 and the Army will assign work locations and funds to L-3 upon issuance of each order, the Defense Department …

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Northrop Awarded $190M Army Hunter UAS Logistics Support Extension

Northrop Grumman (NYSE: NOC) will continue to provide logistics support for the U.S. Army‘s MQ-5B Hunter tactical unmanned aircraft systems under a two-year, $190.3 million contract. The Army Contracting Command received one bid for the cost-plus-fixed-fee contract and obligated $44.2 million at the time of award from the military branch’s …

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John Fant, Michael Cameron Take Director Roles at Noblis NSP Subsidiary; Ellen McCarthy Comments

John Fant and Michael Cameron have joined Noblis NSP, a subsidiary of scientific research and engineering services contractor Noblis, as directors of special intelligence programs and cyber solutions, respectively. Both appointees hold decades of strategic development experience and aim to help grow NSP’s footprint in the defense, intelligence and law enforcement markets, Noblis said …

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Deloitte Reports $468B 2015 Cost Overrun for Major Defense Acquisition Programs; Robin Lineberger Comments

TYSONS CORNER, VA, Oct. 27, 2016 — A study conducted by Deloitte has found that the total cost overrun of major defense acquisition programs reached $468 billion in 2015 with a 48.3-percent growth from 2008’s $295 billion, ExecutiveBiz reported Tuesday. Deloitte said Monday the report found that there is a …

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Microsoft Unveils ‘Blueprint’ Tool for DoD FedRAMP ATO Process

TYSONS CORNER, VA, Oct. 27, 2016 — Microsoft (Nasdaq: MSFT) offers a new tool that will work to help users of the Azure Government cloud service to achieve Authority to Operate at the Defense Department under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Wednesday. The company said in a …

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ReadyOne Gets $75M Protective Coveralls, Ensembles Order From DLA

ReadyOne Industries has won a potential $74.9 million contract to manufacture protective coveralls and ensembles and expedient repair kits for the U.S. Air Force. The company is scheduled to complete production work under the contract with the Defense Logistics Agency by April 30, 2019, the Defense Department said Wednesday. DLA received two bids for …

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CSRA to Manage DIA’s Enterprise IT Support Center Under Potential $167M Task Order

CSRA (NYSE: CSRA) has received a potential $166.9 million task order to manage the enterprise service operations center of the Defense Intelligence Agency. The company said Wednesday it will also integrate and standardize remote and in-field customer support processes at ESOC. The center is comprised of self-help knowledge portals as well as remote service desk resolution support and …

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Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects

Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions …

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Lockheed’s Revised 2016 Outlook Post-Leidos Deal Tops Street Consensus

Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index– and S&P 500-listed Lockheed sees earnings of $12.10 per share and $46.5 billion in revenue for …

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Army Kicks Off $6B HR Support Contract Bids

The Army Contracting Command has issued a request for proposals on a potential 10-year, $6.09 billion contract vehicle for personnel life cycle support services to the U.S. Army, the Defense Department and other federal agencies. The multiple-award, indefinite-delivery/indefinite-quantity contract will have a one five-year base period of performance and five 12-month …

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