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Tag Archives: featured

AECOM-Led JV Gets $928M DOE Contract Extension for Nuclear Waste Repository Operations; John Vollmer Comments

A joint venture led by AECOM (NYSE: ACM) has received a three-year, $928 million contract extension from the Energy Department to oversee the Waste Isolation Pilot Plant in New Mexico. Nuclear Waste Partnership will continue to operate and manage the WIPP underground repository built to dispose of transuranic radioactive waste materials, AECOM said Tuesday. …

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Versar OKs Acquisition Offer From Kingswood Capital Management

Versar has agreed to be purchased by affiliates of Los Angeles-based private equity firm Kingswood Capital Management through a cash tender offer. Kingswood agreed to buy all outstanding shares of stock in the Springfield, Virginia-based project management company for 15 cents per share and begin the cash tender offer no …

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Northrop Appoints Kathy Warden COO, 3 Corporate VPs in Series of Exec Moves

Northrop Grumman (NYSE: NOC) has made a series of leadership changes after Chief Operating Officer Gloria Flach and Sid Ashworth, corporate vice president for government relations, announced plans to retire by the end of December. Kathy Warden, corporate VP and president of Northrop’s mission systems business, will transition to new …

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SAIC Wins Spot on Potential $250M USDA Enterprise IT Support BPA; Bob Genter Comments

Science Applications International Corp. (NYSE: SAIC) has landed a spot on a potential five-year, $250 million blanket purchase agreement to provide information technology support services to the Agriculture Department. SAIC said Tuesday it will offer capital planning, enterprise architecture and security services intended to help USDA standardize IT applications and roadmaps across …

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VMware’s Matthew Schneider: ‘Zero Trust’ Model, Automation Key to Application Security

Matthew Schneider, senior director of government, education and healthcare at VMware (NYSE: VMW), has said government agencies seeking to ensure security of applications within the network should initially change their mindset through the adoption of the “zero trust” model. Schneider wrote that implementing such a model “means you have to …

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Spalding Wins $83M Contract for Consolidated IT Support to Navy, DoD Components

Spalding Consulting Inc. has won a potential five-year, $83 million contract from the U.S. Army to provide consolidated information technology support to the U.S. Navy and Defense Department components throughout all phases of the acquisition life cycle. DoD said Monday the Army Contracting Command received two bids for the cost-plus-fixed-fee contract via …

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General Dynamics Subsidiary Gets $341M Navy Nuclear Submarine Support Contract Option

A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $341.1 million contract modification from the U.S. Navy to provide engineering, planning yard, design agent and technical support for the service branch’s nuclear submarines. The cost-plus-fixed-fee modification awarded to General Dynamics Electric Boat seeks to exercise the option on a contract awarded by …

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USAF Selects S&K Aerospace for $559M Saudi F-15 Aircraft Program Support

S&K Aerospace has won a potential $559 million contract from the U.S. Air Force to support an F-15 fighter aircraft program of Saudi Arabia’s air force. The Defense Department said Friday the company will provide logistics support and deliver consumables for multiple F-15 variants as well as operate and maintain print …

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Lockheed Secures $70M F-22 Sustainment Contract Modification

Lockheed Martin (NYSE: LMT) has secured a potential $70 million contract modification from the U.S. Air Force to accelerate, stabilize and restore the supply rate of F-22 sustainment efforts. The Defense Department said Friday the Air Force Life Cycle Management Center will obligate $35 million in fiscal 2017 operations and maintenance …

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Saab Defense & Security USA to Develop Coast Guard Cutter Radar Tech Under Potential $118M Contract

A Saab Group subsidiary has won a potential $118.5 million contract from the U.S. Navy to develop multimode radar systems for integration onto the U.S. Coast Guard‘s offshore patrol cutter ships. The contract has an initial value of $16.8 million and will reach its full cumulative value if all options are exercised, the Defense Department said …

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