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Tag Archives: featured

Foreign Investment Committee Wraps Up MDA-DigitalGlobe Transaction Review

The Committee on Foreign Investment in the U.S. has completed its review of the proposed $3.6 billion acquisition of DigitalGlobe (NYSE: DGI) by Canada-based MacDonald, Dettwiler and Associates. MDA said Thursday it secured clearance from the New York Stock Exchange to list and trade its common shares on NYSE under the ticker symbol “MDA” …

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Lockheed Gets Potential $1.12B Navy Contract Modification for Trident II Missile Production, Systems Support

The U.S. Navy has awarded a potential five-year, $1.12 billion contract modification to Lockheed Martin‘s (NYSE: LMT) space systems business for the production of Trident II D2 missiles and support for deployed systems. The Defense Department said Friday the modification contains a $418.7 million initial value and also includes D5 life extension production services. Work …

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CyberCore Seeks to Advance Growth Strategy Via Enlightenment Capital’s Strategic Investment

Enlightenment Capital has invested in CyberCore Technologies in an effort to help the Elkridge, Maryland-based information communication technology platforms and services contractor execute its growth strategy to pursue new opportunities and broaden its capabilities. Tina Kuhn, CyberCore president and CEO, said in a statement published Wednesday the company will use …

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Navy Awards BAE Potential $122M Contract to Supply Mk 38 Mod 3 Machine Guns, Spares

BAE Systems‘ land and armaments business will provide Mk 38 Mod 3 machine gun systems and associated spares to the U.S. Navy under a potential $121.5 million contract. The Defense Department said Friday the Naval Surface Warfare Center will obligate $32,787,486 at the time of award from fiscal 2015 and 2017 Navy …

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IT Industry Vet Maria Pernas Named Capgemini Group General Counsel

Maria Pernas, formerly senior vice president and group general counsel at information technology company Atos, has been named group general counsel at consulting, technology and outsourcing services provider Capgemini. She previously managed contract management and regional legal functions at Atos and served as group diversity program manager for the Bezons, France-based …

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ULA Gets $832M Contract Modification Under Air Force Expendable Launch Vehicle Program

United Launch Alliance has received a potential one-year, $832.4 million contract modification from the U.S. Air Force to continue to provide program management and mission assurance support for the Evolved Expendable Launch Vehicle program. The Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will also perform systems engineering, vehicle integration, launch infrastructure sustainment and …

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Raytheon Lands $300M Contract to Produce TOW Missiles for Army, Marine Corps, FMS Customers

Raytheon (NYSE: RTN) has received a potential $300.1 million contract to provide tube-launched, optically-tracked wireless guided missiles to the U.S. Army, U.S. Marine Corps and three foreign military sales customers. The fixed-price-incentive contract includes TOW weapon purchases from Lebanon, Jordan and Morocco, the Defense Department said Thursday. Raytheon’s missile systems business unit will perform work …

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Northrop Gets $81M Army EW Engineering Support Contract

Northrop Grumman (NYSE: NOC) has received a potential four-year, $80.5 million contract from the U.S. Army to provide engineering support for air and ground electronic warfare operations. The Army Contracting Command solicited and received one bid for the Electronic Warfare Air/Ground Next Generation Innovative and Novel Engineering Support contract, the Defense …

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BayFirst Solutions Names Greg McCaffrey Senior Director of Development; Kevin Gooch Comments

Greg McCaffrey, a business development professional, has joined BayFirst Solutions as senior director of development. BayFirst said Thursday McCaffrey has years of experience in business development and thought leadership across several Fortune 500 and Inc 500 companies as well as small businesses and startups. “Greg brings more than 25 years of management …

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Army Selects SAIC-Led Team for $237M Combat Vehicle Prototype Devt Contract

An industry team led by Science Applications International Corp. (NYSE: SAIC) has received a potential eight-year, $237 million to help the U.S. Army‘s Tank Automotive Research, Development and Engineering Center develop a combat vehicle experimental prototype. SAIC will lead the group consisting of Lockheed Martin (NYSE: LMT), GS Engineering, Moog, Nevada Automotive Test …

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