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Tag Archives: featured govcon

DXC to Merge US Public Sector Business With Vencore, KeyPoint; Mac Curtis to Lead Combined Firm

DXC Technology (NYSE: DXC) has agreed to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions to establish a “top five” independent, publicly traded contractor within the government information technology services sector. All three companies expect to complete the merger by the end of March 2018, subject to regulatory approvals …

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Stephanie Hill Named Lockheed Corporate Strategy, Business Devt SVP; Marillyn Hewson Comments

Stephanie Hill, vice president and general manager of cyber, ships and advanced technologies at Lockheed Martin (NYSE: LMT), has been named senior VP for corporate strategy and business development at the Bethesda, Maryland-based aerospace and defense contractor in a move that takes effect Sept. 11. Hill will also serve as a …

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FTC Clears HIG Capital’s $283M NCI Purchase

The Federal Trade Commission has given antitrust approval for global private equity firm H.I.G. Capital’s proposed $283 million cash acquisition of government information technology services contractor NCI (Nasdaq: NCIT). FTC granted early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, NCI said …

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L-3 Lands $208M Night Vision Equipment Supply Contract With Australia

L-3 Communications (NYSE: LLL) has received a potential five-year, $208 million contract to supply night vision imaging systems to the Australian army. The Australian Defense Force awarded the contract under the LAND 53 Phase 1BR program through a competitive procurement process, L-3 said Monday. L-3 will deliver binocular night vision goggles …

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