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Tag Archives: featured

Andrew Boyd Appointed Unisys VP for Defense, Intell Group; PV Puvvada Comments

Andrew Boyd, a founding partner of veteran-owned company McIntire Solutions, has joined Unisys (NYSE: UIS) as group vice president for defense and intelligence agencies at the company’s federal business. Unisys said Monday Boyd will oversee account management, business growth and service delivery efforts aimed at Defense Department and intelligence community clients. “He brings a …

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Kathy Warden: Northrop to Form Innovation Systems Unit After Orbital ATK Purchase

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

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Lockheed Gets $459M MDA Contract Modification to Produce Additional Lot 10 THAAD Interceptors

Lockheed Martin (NYSE: LMT) has secured a potential $459.2 million contract modification from the Missile Defense Agency to manufacture additional Lot 10 Terminal High Altitude Area Defense interceptor systems. The Defense Department said Friday the modification exercises an option under a previously awarded contract and will include the delivery of …

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Lockheed Subsidiary to Build Laser Weapon Test Units Under $943M Navy Contract

A Lockheed Martin (NYSE: LMT) subsidiary has won a potential $942.8 million contract to build and deliver two laser weapon test units to the U.S. Navy under increment 1 of the High Energy Laser with Integrated Optical-dazzler and Surveillance program. The Defense Department said Friday the Naval Sea Systems Command …

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CTC, 2 Research Institutes Win IDIQ Contract to Support Air Force Energy Efficiency R&D Efforts

Concurrent Technologies Corp., Southwest Research Institute and University of Dayton Research Institute have won a shared $49 million contract to develop tools for the U.S. Air Force to accelerate its adoption of alternative energy technologies and energy efficiency measures. The Defense Department said Friday services under the seven-year indefinite-delivery/indefinite-quantity contract will support the …

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Phebe Novakovic: General Dynamics Seeks to Address Navy Demand With $2B Shipyard Investment

General Dynamics (NYSE: GD) plans to invest as much as $2 billion into its shipyards to meet the U.S. Navy‘s shipbuilding requirements, Defense News reported Friday. The Groton, Connecticut-based shipyard of General Dynamics’ Electric Boat subsidiary will receive $1.7 billion to support the production of the Navy’s Virginia-class attack submarines and Columbia-class ballistic missile submarines. “In …

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Serco’s North American Arm Closes BTP Systems Purchase; Dave Dacquino Comments

Serco Inc., the British contractor’s North American business, has wrapped up its acquisition of Ludlow, Massachusetts-based technology and professional services contractor BTP Systems. Both companies first announced the deal in October of last year and Serco Inc. said Friday it plans to integrate BTP operations within its command, control, communications, computers, combat systems, intelligence, …

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6 Companies Secure Spots on $139M HHS IT Support BPA

The Department of Health and Human Services has awarded six companies positions on a potential five-year, $139 million blanket purchase agreement for information technology support services. HHS said Thursday the second Next Generation IT Services BPA covers data center operations; network and security operations; and maintenance, testing and deployment of software and …

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General Atomics Buys Xagenic Assets to Complement Defense Microelectronics Devt

San Diego-based General Atomics has purchased certain assets of molecular diagnostics technology maker Xagenic in a push to continue advances in the defense microelectronics, advanced sensor and signal processing technology areas. General Atomics said Thursday it will integrate the acquired assets into a bio-sensor technology development unit of its electromagnetic systems business in Rancho Bernardo, …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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