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Tag Archives: featured

FBI Names 7 Small Businesses on IT Hardware Acquisition Contract

The Federal Bureau of Investigation has awarded seven small businesses positions on its contract to provide the bureau headquarters and 56 field offices with information technology equipment under the Prevention of Information Technology Obsolescence program. A FedBizOpps notice posted Monday listed the awardees as potential providers of laptops, desktops, print media, servers and storage area networks …

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Aquilent Awarded $100M GSA Cloud Services BPA; Mark Pietrasanta Comments

The General Services Administration has awarded a five-year, $100 million blanket purchase agreement to Aquilent to deliver cloud computing services across the agency. Aquilent said Tuesday the single-award contract covers architecture development, security and hosting services and offers the agency access to the company’s cloud management portal. Mark Pietrasanta, chief …

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January 27 Market Close: GovCon Index Sinks 1%, Durable Goods Orders Fall in December

The GovCon Index reflected a sell-off in U.S. stock markets to record a decline of 1.301 percent — or 0.918 points — to close at 75.529. Orbital Sciences (NYSE: ORB) — the index’s largest gainer for the day — saw its stock price jump 2.36 percent to 30.32 per share after it said its merger with …

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Louis Berger Appoints Nicholas Masucci Chairman, James Stamatis CEO

Nicholas Masucci, Louis Berger president and CEO, will transition into the board chairman at the company after board of directors approved a leadership succession plan. James Stamatis, current president of the firm’s international operating company, will succeed Masucci as president and CEO on July 1, Louis Berger said Monday. As president of Louis Berger’s international operating …

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David Thompson: Orbital, ATK Set Feb. 9 Date to Close A&D Merger and Outdoor Group Spinoff

Both sets of stockholders Orbital Sciences (NYSE: ORB) and ATK (NYSE: ATK) voted Tuesday to approve the transaction that will see Orbital merge with ATK’s aerospace and defense groups. The merger is scheduled to close Feb. 9 and the combined company will trade as Orbital ATK under the stock ticker symbol “OA” …

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Lockheed Reports 9% Revenue Spike in 4Q With F-35, Int’l Sales Growth

Lockheed Martin (NYSE: LMT) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. Revenue for the fourth quarter increased 8.6 percent year-over-year and the company reported a modest revenue gain of two-thirds a percent for the full fiscal year. The company attributed the increase for …

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BAE Systems, Information Systems Labs to Develop Naval Target Systems

BAE Systems Information Solutions and Information Systems Laboratories have each won contracts totaling $45 million to develop intelligence exploitation and targeting systems for the U.S. Navy. The companies will also work to field the prototypes and maintain deployed systems, the Defense Department said Monday. The agency added that the companies will have “a fair …

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DeEtte Gray: BAE to Continue Systems Integration Support for Navy

BAE Systems will provide lifecycle engineering and technical support for the U.S. Navy‘s on-shore and at-sea communication and combat systems under a five-year contract potentially worth $146.7 million. The contract includes systems integration for the Naval Air Systems Command‘s computers, communication and combat systems, and intelligence, surveillance and reconnaissance systems, BAE …

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Heather Crofford Named VP, CFO of Northrop Unit; Ken Bedingfield Comments

Heather Crofford, formerly business management director for the cyber division of Northrop Grumman‘s (NYSE: NOC) information systems business,  will serve as vice president and chief financial officer of the enterprise shared services unit beginning March 9. The company said Monday she will succeed Donald McHugh Jr., who has joined Northrop joint …

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Marc Parent: CAE Eyes Flight Training Program Expansion with Purchase of Bombardier Unit

CAE (NYSE: CAE) has agreed to buy the military aviation training business of Bombardier for approximately $15.9 million in an effort to further help defense customers train future airmen. The Bombardier unit works with the Royal Canadian Air Force and allied forces as a prime contractor in the NATO Flying …

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