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Tag Archives: featured

Report: VA, Cerner in Talks Over Terms of 10-Year EHR Modernization Contract

The Department of Veterans Affairs and Cerner (Nasdaq: CERN) are in the final phase of negotiations over the terms of a potential 10-year contract to build and deploy a new electronic health record system across 1,600 VA facilities and community health providers, Federal News Radio reported Wednesday. VA wants Congress to incorporate …

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GE to Manufacture CH-53K Helicopter Engines Under $143M Navy Contract

General Electric‘s (NYSE: GE) aviation business has received a $143.4 million contract from the U.S. Navy to for the low-rate initial production of lots 1 and 2 turboshaft engines for CH-53K heavy-lift helicopters. The Defense Deparment said Thursday GE Aviation will supply 22 T408-GE-400 engines, peculiar support equipment and spares as well as provide programmatic and logistics …

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Navy Picks 4 Firms for C4I Technical, Engineering Support Contracts

Four companies have won separate potential five-year contracts to provide engineering and technical support for the U.S. Navy’s command, control, communications, computers and intelligence systems and information technology platforms. The Space and Naval Warfare Systems Center Pacific received four offers for the cost-plus-fixed-fee contracts that have a two-year base term …

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Kingswood Closes Versar Acquisition, Names New CEO for Project Mgmt Firm

Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic goals. …

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7 Firms Win Spots on Potential $150M Army Mission Training Systems Support Contract

The U.S. Army has awarded seven companies spots on a potential five-year, $150 million contract to support the service branch’s mission training complex systems. Eighteen bids were submitted to the Army Contracting Command for the hybrid contract via an online solicitation and work is scheduled to occur through Nov. 14, …

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State Dept OKs $170M Raytheon Air-to-Air Missile Sale to Norway

The State Department has approved Norway’s request to buy Raytheon-built (NYSE: RTN) AIM-120 C-7 Advanced Medium Range Air-to-Air Missiles under a potential $170 million foreign military sales agreement. Raytheon’s missile systems business unit will serve as prime contractor of the proposed sale that covers 60 AMRAAMs and associated equipment; publications and technical documentation; …

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Govt Cyber Vets Michael Taxay, Jeremy Haas Join LookingGlass Leadership Team

Michael Taxay and Jeremy Haas, respectively former FBI and CIA officials focused on cybersecurity, have joined the executive leadership team at LookingGlass Cyber Solutions. LookingGlass said Tuesday it named Taxay as chief risk officer and general counsel and appointed Haas as chief security officer. Taxay will be responsible for managing significant risks that may …

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Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday. The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits. The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential …

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BAE Unit to Modernize Navy Dock Landing Ship Under Potential $184M Contract

A business unit of BAE Systems has secured a potential $183.8 million contract from the U.S. Navy to execute fiscal 2018 modernization work on a Whidbey Island-class dock landing ship. The Defense Department said Tuesday BAE’s Norfolk Ship Repair business will help the service branch maintain, update and repair USS Tortuga systems …

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HIG Acquires WBB to Expand Govt Market Footprint; Robert Olsen, Jeff Zanarini Comment

Private equity investment firm H.I.G. Capital has bought Reston, Virginia-based program management and consulting services provider Whitney, Bradley and Brown for an undisclosed sum. WBB CEO Robert Olsen said in a statement published Tuesday the company aims to utilize H.I.G.’s resources in efforts to expand services for federal agency customers. WBB …

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