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Tag Archives: featured

Lockheed Gets $120M Navy Contract Modification for EW Block 2 System Production

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $119.6 million contract modification to produce electronic warfare subsystems for the U.S. Navy. The modification represents options under a previously awarded contract and covers the full-rate production of AN/SLQ-32(V)6 Block 2 subsystems under the Surface Electronic Warfare Improvement Program, the  Defense Department said …

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Terri Thomas to Lead ACT I Proposal Development Center; Neil Albert Comments

Terri Thomas, a federal market veteran with more than 20 years of proposal management experience, has been named director of Advanced Concepts and Technologies International‘s Proposal Development Center. ACT I said Thursday she will oversee the company’s efforts to develop, facilitate and produce prime and subcontract proposals as part of its corporate …

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Lockheed, Poland Seal PAC-3 MSE Missile Deal

Poland and Lockheed Martin (NYSE: LMT) have signed an agreement for the company to build Patriot Advanced Capability-3 Missile Segment Enhancement missiles and associated equipment for the Polish military. Lockheed said Wednesday Poland will be its fifth international customer to procure PAC-3 MSE missiles. The system is designed to engage ballistic missiles, cruise missiles …

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Poland Inks Deal to Buy Raytheon Patriot Missile System From US Govt

Poland has signed an agreement to purchase the Raytheon-built Patriot integrated air-and-missile defense platform from the U.S. government. Pete Bata, vice president of Polish air and missile defense at Raytheon, said in a statement published Wednesday the letter of offer and acceptance will pave the way for the company to …

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CACI Drops Acquisition Bid for CSRA; Ken Asbury Comments

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. “We will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels,” CACI CEO Ken Asbury said in a statement …

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Intell Community Vet Stephanie O’Sullivan Joins Battelle Board

Stephanie O’Sullivan, formerly principal deputy director and chief operating officer at the Office of the Director of National Intelligence, has been named to Battelle’s board of directors. O’Sullivan will also serve on Battelle’s science and technology and community benefit committee as part of her appointment to the board, the Columbus, Ohio-based …

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Thales Initiates All-Cash Offer to Acquire Gemalto

Thales has launched an all-cash offer to acquire all shares of Gemalto for approximately $63.2 per share plus dividend under a merger agreement announced in December 2017. “The publication of the offer document is the first major step of the proposed acquisition of Gemalto,” Patrice Caine, Thales chairman and CEO, …

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Bob Pragada: Jacobs to Continue Military Construction Support in NAVFAC SW Region

Jacobs Engineering Group (NYSE: JEC) will continue to support construction projects at military installations across the Naval Facilities Engineering Command’s southwest area of responsibility through a five-year, $99 million contract awarded to its joint venture with EwingCole. The JV will help plan, design and build large government facilities, including U.S. Navy …

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SAIC Wins Spot on $214M NIH Heart Institute IT Support BPA; Bob Genter Comments

Science Applications International Corp. (NYSE: SAIC) will compete for task orders to provide information technology services for the National Institutes of Health’s National Heart, Lung and Blood Institute under a potential five-year, $214 million blanket purchase agreement. The company said Tuesday the multiple-award BPA covers application maintenance and modernization, infrastructure services …

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Army Vet Cleophus Thomas Named EY Defense & National Security Senior Manager; Mike Herrinton Comments

Cleophus Thomas, a retired U.S. Army colonel, has joined Ernst & Young as a senior manager for the defense and national security segment of the company’s government and public sector advisory practice. His more than 24-year military career includes leadership assignments within cyber defense and information technology organizations at the …

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