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Tag Archives: featured

Boeing to Update Super Hornet IR Sensor Under Potential $152M Navy Contract

Boeing (NYSE: BA) has received a $152.5M contract from the U.S. Navy to update a sensor technology designed to help F/A-18E/F Super Hornet pilots locate targets at a long distance. The company will design, develop, integrate and test the Block II Infrared Search and Track system as part of an engineering change phase, the Defense Department said …

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CACI Closes $84M Buy of General Dynamics Business Unit; Ken Asbury, Jack London Quoted

CACI International (NYSE: CACI) has closed its purchase of CSRA’s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fiscal 2019 and …

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Boeing to Buy Small Satellite Developer Millennium Space Systems; Leanne Caret Quoted

Boeing (NYSE: BA) has agreed to purchase El Segundo, Calif.-based Millennium Space Systems for an undisclosed sum in an effort to broaden its portfolio of space and satellite platforms. Boeing said Thursday it expects the acquisition to conclude by the end of the third quarter of 2018 and will operate …

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David Johnson Named Honeywell Federal Solutions VP

David “DJ” Johnson, an 11-year Honeywell (NYSE: HON) veteran, has been named vice president of the industrial conglomerate’s newly created federal solutions business, GovConWire has learned. He will work through the business’ Washington, D.C.-based office to manage contracts with the Energy Department, National Nuclear Security Agency and other government agencies. HFS …

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SAIC Books $255M US Space Systems Engineering Contract; Mark Escobar Quoted

Science Applications International Corp. (NYSE: SAIC) has secured a potential $255 million contract from an undisclosed customer to provide systems engineering and technical assurance services for space-related missions within the continental U.S. The company said Thursday it will develop mission-planning tools with a model-based system engineering platform as part of the contract. …

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CACI Reports 2.6% Revenue Hike, $5.2B in Contract Wins for FY 2018; Ken Asbury Quoted

CACI International (NYSE: CACI) posted $4.46 billion in revenue for the full fiscal year 2018 that ended June 30, up 2.6 percent from $4.35 billion in FY 2017. The company said Wednesday it recorded a net income of $301.2 million for fiscal 2018 and $340.7 million in FY 2018 operating …

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Chemring to Deliver Explosive Detection System Under $93M Army Contract

Chemring‘s sensors and electronic systems business has landed a $92.5 million U.S. Army contract to provide an explosive detection system designed for use on the battlefield. Under the firm-fixed-price contract, the company will deliver Husky Mounted Detection System units, as well as spare and repair parts, to the Army, the …

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Report: CACI to Buy Former CSRA Systems Engineering Business From General Dynamics

CACI International (NYSE: CACI) has agreed to purchase a General Dynamics (NYSE: GD) business unit for approximately $80 million, the Washington Business Journal reported Tuesday. Sources said the transaction involves CSRA’s former systems engineering and acquisition services unit that performed work for Naval Sea Systems Command and was acquired by General …

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DoD Adds 15 Contractors to Potential $28B Tech R&D Services IDIQ

Fifteen companies have landed spots on the unrestricted full-and-open track of a potential nine-year, $28 billion contract vehicle for technology research and development services to the Defense Department. DoD said Tuesday this group of contractors may vie for at least $15 million in task orders under Pool 1 of the Defense Technical Information Center’s Information Analysis …

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Kavitha Prabhakar Named Deloitte Civil Gov’t Sector Lead

Kavitha Prabhakar, a principal at Deloitte’s consulting business, has been appointed to lead the civil government practice of the professional services company. She will oversee the unit composed of more than 3,000 practitioners who support 22 federal agencies and succeeds Diane Murray, who has taken a new role as delivery excellence leader for Deloitte, …

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