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Tag Archives: featured

Northern Virginia, NYC to House Amazon’s Two New HQs

Amazon (Nasdaq: AMZN) has officially chosen New York’s Long Island City and Northern Virginia’s Arlington to accommodate its new headquarters with plans to invest $5B and generate at least 50K jobs across the two sites. “These two locations will allow us to attract world-class talent that will help us to …

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Alion to Boost Military ISR Capabilities via $769M Task Order Under OASIS Contract

Alion Science and Technology has secured a $769M task order under the General Services Administration’s One Acquisition Solution for Integrated Services contract to boost the U.S. armed forces’ intelligence, surveillance and reconnaissance capabilities. The company said Tuesday its work under the Joint Capability Embedded Technology Insertion and Integration task order …

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BAE Systems to Support Army Intelligence Training Under $100M Contract; Peder Jungck Quoted

BAE Systems has received a $100M contract to support training needs of the U.S. Army‘s 116th Military Intelligence Brigade in technical, functional and general areas. The four-year effort is intended to increase the brigade’s understanding of regional threats and modernize training for soldiers, the company said Tuesday. Work under the …

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Granicus Buys SouthTech for Gov’t Records Mgmt Automation Strategy; Mark Hynes Quoted

Granicus has bought California-based government records management contractor SouthTech Systems for an undisclosed sum to add a platform used to automate agencies’ filing processes. SouthTech developed a technology that works to help public sector clerks and recorders manage records such as birth, marriage, land and death certificates, Granicus said Tuesday. Mark Hynes, …

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Former WBB CFO Wayne Wilkinson Named Ace Info EVP, COO

Wayne Wilkinson, formerly chief financial officer at Whitney, Bradley and Brown, has joined Ace Info Solutions as executive vice president and chief operating officer. He will be in charge of the Reston, Va.-headquartered firm’s business development and finance efforts, as well as the rest of its strategy and operations, Ace …

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GSA Picks 16 Small Firms for $15B On-Ramp Building Maintenance & Operations Phase I IDIQ

The General Services Administration has awarded 16 small businesses spots on the first phase of a potential $15B, 10-year contract to provide building maintenance and operations support for federal agencies at zone 1. A FedBizOpps notice posted Tuesday says the companies will vie for task orders under the small business track …

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Ellen Lord: DoD Continues to Evaluate Proposed L3-Harris Merger

Ellen Lord, undersecretary for acquisition and sustainment at the Defense Department, has said DoD is working with antitrust regulators to find out if the proposed merger of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would have an impact on the “competitive landscape,” Reuters reported Wednesday. “We’re working through the process. We …

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Novetta Buys Berico in Cloud Engineering Push; Tiffanny Gates Quoted

Novetta has acquired Reston, Va.-based information technology services contractor Berico Technologies for an undisclosed sum in a move to broaden its cloud engineering capabilities and advance growth efforts. Novetta said Monday it completed the purchase on Nov. 7 and Baird acted as Berico’s exclusive financial adviser in the transaction. “We …

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Former Northrop Exec Christopher Voci Joins CACI as SVP, Corporate Controller; Ken Asbury Quoted

Christopher Voci, former vice president and controller of Northrop Grumman‘s (NYSE: NOC) innovation systems unit, has been named senior VP and corporate controller of CACI International (NYSE: CACI). Voci will oversee CACI’s accounting and financial reporting functions and help ensure its compliance with the Sarbanes-Oxley Act, the company said Tuesday. He previously served as …

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McAleese & Associates Assesses Defense Spending Trends

A report by consulting firm McAleese & Associates says investors should expect the defense budget for fiscal years 2020 and 2021 at a range of $700B to $716B per year. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that the Pentagon’s overall budget in FY 2019 demonstrates …

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