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Tag Archives: featured

Sotera Lands Army Intell System Sustainment Task Order; Deb Alderson Comments

Sotera Defense Solutions will help the U.S. Army integrate and sustain field software for intelligence systems the branch uses worldwide under a two-year, $87 million task order. The company said Tuesday that the Army awarded the order under the Software and Systems Engineering Services Next Generation contract vehicle, through which the branch …

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Ralph Acaba: Raytheon to Build Processor Kits Under Int’l Patriot Engineering Program

Raytheon (NYSE: RTN) will produce radar digital processor kits for Patriot Air and Missile Defense Systems operated by the U.S. and two partner countries under a $235.5 million contract. The company said Wednesday that the full-rate production contract is intended to reduce the number of battery replaceable units from 759 …

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Ian Bell: CAE to Refresh NATO’s Flight Training Equipment

CAE (NYSE: CAE) has been awarded a contract of an undisclosed amount to update NATO’s flight training equipment at an alliance airbase in Germany. The company will refresh an E-3A flight deck simulator and flight training device at NATO Airbase Geilenkirchen in order to align that work with updates to the E-3A Airborne Warning …

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CMS Awards 15 Spots on Potential $7B Modeling, Evaluation IDIQ

The Centers for Medicare & Medicaid Services has awarded 15 positions on a potential five-year, $7 billion contract to help design and implement service and delivery models for managing costs of federal healthcare programs. CMS announced the contract awards Monday in a FedBizOpps notice and said the agency received 23 proposals for …

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Daniel Friedmann: MDA Adds to Radar Info Processing Portfolio Through Acquisition

MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) has agreed to buy an unidentified information sensors business for an undisclosed amount in a move to pursue opportunities in the U.S. surveillance market. British Columbia-based MDA plans to integrate that business into its Gaithersburg, Maryland-based Information Systems LLC subsidiary and expects to close the …

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Report: Finmeccanica CEO Mauro Moretti Could Mull DRS Sale

Italian defense and aerospace conglomerate Finmeccanica could be considering a sale of its DRS Technologies as part of an organization-wide restructuring initiative, Defense News reported Monday. Mauro Moretti, Finmeccanica CEO, told reporters at the Farnborough International Airshow Monday that his company would analyze potential synergies of core activities between DRS and the rest of …

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Lockheed Buys Thin Film Coating Maker Deposition Sciences

Lockheed Martin (NYSE: LMT) has purchased Deposition Sciences, a subsidiary of Advanced Lighting Technologies that manufactures optical thin film coatings for the defense and commercial industries. Investment banking firm Headwaters MB said Monday that it advised ADLT through the process and secured Lockheed as a buyer. Lockheed plans to integrate DSI into the aeronautics business. The parties did not …

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Peter Smith to Become American Systems CEO in August; Bill Hoover to Retire

Peter Smith, chief operating officer at American Systems, has been appointed president and CEO of the employee-owned company and will succeed the retiring chief executive Bill Hoover. Smith, a 33-year company veteran will assume his new role on August 1 and Hoover will continue to serve as vice chairman of the board of …

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US, Qatar Ink $11B Arms Deal

The Defense Department will provide a fleet Apache helicopters and defense systems to the government of Qatar under an estimated $11 billion deal signed Monday. Defense Secretary Chuck Hagel and Qatari Defense Minister Hamad bin Ali al-Attiyah inked the agreement for Apache helicopters and Patriot and Javelin systems at the Pentagon,  DoD said Monday. …

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Horacio Rozanski to Succeed Ralph Shrader as Booz Allen CEO

Horacio Rozanski, president and chief operating officer at Booz Allen Hamilton (NYSE: BAH), will succeed the retiring Ralph Shrader as chief executive of the McLean, Va.-based consulting firm on Jan. 1, 2015. Shrader, a 40-year company veteran, will keep his role as chairman of the board of directors after he officially retires …

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