Home / Tag Archives: Defense (page 20)

Tag Archives: Defense

Preferred Systems Solutions Acquires Buys Envision Technical Services; Scott Goss Comments

Preferred Systems Solutions has acquired Envision Technical Services, a provider of applications to intelligence and defense clients, for an undisclosed sum. Scott Goss, president and CEO of PSS, said Tuesday the company intends to grow its services and offerings for the national security community through the transaction. “The acquisition of …

Read More »

Raytheon to Upgrade Navy’s Phalanx Weapon Systems

Raytheon Co. (NYSE: RTN) has been awarded a $115.5 million contract to upgrade the U.S. Navy’s Phalanx close-in weapon systems. The company will work to remanufacture and modernize the computer-controlled radar and 20-mm gun system, Raytheon said Wednesday. Work is scheduled to complete in September 2017 under the contract that …

Read More »

John Hillen: GovCon Services Market ‘Leaving Its Teenage Years, ‘ Entering New Maturation Phase

The GovCon services market is entering a new phase of maturity and leaving a part of a nearly five-decade timespan that “might be seen as its teenage years, ” former Sotera Defense Solutions CEO John Hillen wrote in a May 20 guest column for Washington Technology. Hillen,  executive in residence …

Read More »

Craig England to Lead Investment Bank England & Co’s New A&D, Government Unit

Washington-based investment bank England & Co. has created a business unit that will focus on raising capital and providing financial advice to aerospace, defense and government organizations. Edward Bersoff, a government contracting veteran and founder of information technology firm BTG Inc., will serve as senior adviser for the bank’s ADG …

Read More »

George Pedersen: ManTech to Buy 7Delta in Healthcare IT Push

ManTech International (NASDAQ: MANT) has agreed to purchase Columbia, Md.-based technology management contractor 7Delta for an undisclosed sum that includes cash on hand and funding from ManTech’s existing line of credit. Fairfax, Va-based ManTech expects to close the transaction in May and anticipates the deal to increase its earnings per …

Read More »

Orbital Sciences, ATK’s Aerospace & Defense Groups to Merge in $5B Deal

Orbital Sciences Corp. (NYSE: ORB) has agreed to merge with ATK‘s (NYSE: ATK) aerospace and defense groups in an approximately $5 billion transaction to create a combined company that will operate as Orbital ATK once the deal completes. In separate releases from ATK and from Orbital, the companies said Monday that …

Read More »

Tom Captain of Deloitte: US Defense Firms to Increasingly Eye Foreign Military Sales

A new Deloitte report indicates a 2.6 percent decrease in the defense sector’s total fiscal year 2013 revenue due to Defense Department-wide spending cuts last year. Deloitte analyzed the performance of several defense contractors in the U.S. and found that profitability for U.S. defense vendors rose 17.9 percent despite the revenue …

Read More »

Jerry Calhoun Named SVP of Human Capital at The SI Org

Jerry Calhoun, formerly senior vice president of human resources at PAE, has been appointed SVP of human capital at The SI Organization, he confirmed to GovCon Wire. Prior to PAE, Calhoun was SVP of HR at Vangent,  which was comprised of 7, 000 employees and $750 million in revenue. He also served …

Read More »

Larry Hill: Leidos to Help Air Force Leaders Use Targeting, ISR Tech

Leidos (NYSE: LDOS) will help the Air Combat Command work to synchronize technologies for air, space and cyberspace operations under a potential three-year task order. The order is worth up to $17 million over one base year and two option years, the company said Wednesday. Larry Hill, a Leidos group president, …

Read More »

Geoffrey Godet: Flatirons Solutions Buys CORENA to Target Aerospace, Defense Clients

Flatirons Solutions has moved to expand its content lifecycle management offerings by acquiring CORENA, a software development company based in Europe. Geoffrey Godet, CEO of Flatirons Solutions, said Tuesday the company intends to help meet the cloud requirements of customers in the aerospace and defense industries through the acquisition. Flatirons …

Read More »