Home / Tag Archives: featured (page 22)

Tag Archives: featured

Progeny to Support Navy Submarine, Undersea Warfare Weapons Under Potential $92M Contract

Progeny Systems has secured a potential $92.1 million contract to provide engineering and technical services for the U.S. Navy‘s undersea defense arsenal. The company will develop software, commercial off-the-shelf products and integrate hardware and software for submarine and undersea warfare weapons systems under the sole-source contract that has a $17.1 million initial value, the Defense …

Read More »

Leidos Wins Potential $171M DIA Linguist Operations Support Contract

Leidos (NYSE: LDOS) has won a potential five-year, $170.8 million contract to provide linguist operations support for a Defense Intelligence Agency center that coordinates interagency efforts to examine data from seized foreign paper and electronic documents. The Defense Department said Friday the company will provide foreign language translation and content exploitation services …

Read More »

Navy Picks 22 Firms for $980M Training System Design, Production IDIQ

The U.S. Navy has awarded 22 companies spots on a potential five-year, $980 million contract to design, build and manufacture training systems and related devices. The service received 40 proposals for the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that will run through November 2023, the Defense Department said Friday. The contractors will …

Read More »

Raytheon Records 5.5% Increase in Net Sales, $8.7B in Bookings for Q2 2018

Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The …

Read More »

OSI Systems to Help Maintain CBP Inspection Systems Under Potential $140M IDIQ

The U.S. Customs and Border Protection has awarded OSI Systems’ (Nasdaq: OSIS) security division a potential five-year, $140 million contract to help maintain equipment CBP uses to inspect vehicles, cargo and parcels. OSI said Thursday it received a $25 million initial delivery order to provide maintenance, logistics, parts and program management support for agency …

Read More »

Simon Godwin, Craig Summers Take VP Roles at Octo Consulting

Octo Consulting Group has appointed Simon Godwin, a certified project management professional, as vice president of federal civilian programs, and Craig Summers, formerly VP of technology at CollabraLink Technologies, as VP for commerce accounts. Mehul Sanghani, CEO and founder of Octo, said in a statement published Thursday Godwin and Summers …

Read More »

PwC: Aerospace, Defense M&A Deal Value Hit $24.2B in First Half of 2018

A new PwC report says the value of merger and acquisition deals in the global aerospace and defense industry reached $24.2 billion during the first half of 2018, a figure that reflects a 30 percent rise over the same period last year. PwC said the number of M&A transactions in the A&D sector dropped by 17 …

Read More »

Dovel Technologies to Update Federal Grants Mgmt System Under $377M Contract

Dovel Technologies has won a potential five-year, $377 million contract to update and manage a grants management services platform that multiple federal agencies use. The company said Tuesday it will provide technology and programming support for the GrantSolutions Center of Excellence, which handles over $80 billion in grant awards for programs across the departments …

Read More »

DARPA Selects Industry, Academic Research Teams for Potential $1.5B Electronics Resurgence Initiative

The Defense Advanced Research Projects Agency has chosen multiple research teams from the commercial and academic sectors to address microelectronics innovation challenges as part of an initiative worth up to $1.5 billion over five years. DARPA said Tuesday the Electronics Resurgence Initiative covers six “Page 3” programs that seek to explore …

Read More »

Hitachi Vantara Eyes Portfolio Expansion With REAN Cloud Buy; David Turner, Brian Householder Comment

Hitachi Vantara has agreed to purchase REAN Cloud for an undisclosed sum in a move to expand its portfolio of cloud and managed services offerings designed to help clients expedite their digital transformation efforts across multicloud environments. Hitachi Vantara said Tuesday it expects the acquisition to wrap up later this year …

Read More »