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Tag Archives: featured

Teradata Names Mark Culhane as CFO, Eric Tom as Chief Revenue Officer

Mark Culhane, a member of the board of directors at CallidusCloud and UserZoom, has been named chief financial officer and principal accounting officer at Teradata (NYSE: TDC) in a move that takes effect Nov. 10. He will also serve as an executive vice president and succeed Stephen Scheppmann, who will …

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Raytheon to Supply Tomahawk Block IV Missiles, Spares Under $260M Navy Contract

Raytheon (NYSE: RTN) will deliver 196 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy as part of a potential $260.3 million contract modification. The Defense Department said Friday the modification also covers a foreign military sale of Tomahawk Block IV spare parts and support equipment to the U.K. …

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USAF Taps L3 for Aircraft Fabrication, Mission Tech Devt FMS Contracts Worth $281M

L3 Technologies (NYSE: LLL) has secured two contracts worth up to $281 million combined from the U.S. Air Force to fabricate aircraft and develop a mission system for  unnamed foreign military sales customers. The company will provide aircraft engineering, fabrication and procurement services under a potential $210 million contract that …

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GE Awarded $84M Army Helicopter Engine Upgrade Contract

General Electric (NYSE: GE) has been awarded an $84.1 million contract for overhaul and modernization of engines for two kinds of U.S. Army helicopter platform. The company will update T700 series engines for the service branch’s Black Hawk attack helicopters and Apache utility helicopters under the contract, the Defense Department said Friday. The Army …

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Raytheon Lands $2.87B Army Training Equipment, Simulation Support Contract

Raytheon (NYSE: RTN) has received a potential two-year, $2.87 billion contract to provide  integrated life cycle support for the U.S. Army‘s live, virtual and constructive training platforms. The Defense Department said Thursday the company will support training aids, simulators, tools and simulation efforts of the Army, combatant commanders and other DoD customers. The Army Contracting Command …

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Mike Leff, Chris Smith Take New VP Roles at AT&T’s Public Sector Group

Mike Leff, formerly vice president of strategy and operations at AT&T’s (NYSE: T) public sector organization, has been named VP of the telecommunications company’s defense business. Leff will directly report to Xavier Williams, president of AT&T’s public sector and wholesale solutions business, the company said Thursday. Leff is a two-decade public sector …

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DISA Hands Down Potential $17.5B Encore III IT Services IDIQ

The Defense Information Systems Agency has awarded 20 companies positions on a potential 10-year, $17.5 billion contract vehicle for information technology products and services for IT modernization efforts at the Defense Department and other federal agencies. DISA received 72 bids for the full and open track of the Encore III indefinite-delivery/ indefinite-quantity …

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ATI to Manage Space Enterprise Consortium Under Potential $100M Air Force Deal

Advanced Technology Institute has won a potential five-year, $100 million “other transaction” agreement from the U.S. Air Force to oversee a consortium of commercial, nonprofit and academic organizations to develop space-related technology prototypes. The ATI-led Space Enterprise Consortium will aim to build ground, launch and space segment, software, processes and combined systems …

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ManTech Records Q3 2017 Rise in Revenue, Net Income; Kevin Phillips Comments

ManTech International (Nasdaq: MANT) recorded $422.7 million in revenue for the third quarter of its fiscal year 2017, up from $415.4 million in the same period last year. ManTech said Wednesday it posted $15.2 million in Q3 net income, a figure that reflects a 4 percent rise from the prior-year period. The …

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Army Picks 170 for Potential $8.3B CBRN R&D Contract

The U.S. Army has awarded 170 companies positions on a potential 10-year, $8.27 billion contract to help the service research and develop chemical, biological, radiological and nuclear defense systems. The hybrid contract also covers R&D work on high-yield explosive defense platforms, equipment, material, supplies and other technology for the Joint Enterprise …

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