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Tag Archives: featured

ICF to Provide Analytical, Customer Services for 5 EPA Energy Efficiency Programs

ICF International (Nasdaq: ICFI) will continue its analytical and customer service support for the Climate Protection Partnerships Division of the Environmental Protection Agency‘s Office of Air and Radiation under a five-year, $7.6 million re-compete contract. The company said Wednesday the contract is a single-award blanket purchase agreement for support to CPPD’s Energy Star, State …

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July 21 Market Close: GovCon Index, US Stocks Plunge on Earnings Results

The GovCon Index mirrored across-the-board declines in U.S. stock markets Tuesday with a loss of 1.302 percent to close at 76.143. Investors reacted negatively to earnings reports from blue chip stocks such as IBM (NYSE: IBM), United Technologies (NYSE: UTX) and Verizon (NYSE: VZ) that either missed forecasts by many market analysts or …

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Kevin Massengill Named Leidos Int’l Account Executive, SVP; Michael Leiter Comments

Kevin Massengill, formerly managing director of investment banking firm Silver Leaf Partners, has joined Leidos (NYSE: LDOS) as international strategic account executive and a senior vice president of the company. He will oversee business development, portfolio management and strategic programs for the company’s international market area, Leidos said Tuesday. Michael …

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USAF Awards 6 Companies Spots on $950M Military Construction Contract

Six companies have landed spots on a potential seven-year, $950 million contract from the U.S. Air Force to provide design, construction and architect-engineering services at government sites globally. The Defense Department said Monday that contractors will compete to perform A-E services to support military construction, family housing projects and programs …

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US Army Awards $126M Hydra-70 Contract Modifications to General Dynamics Unit

A General Dynamics (NYSE: GD) business unit has received two contract modifications worth $126 million to continue to supply the U.S. Army with a Hydra-70 rocket system. The company said Monday its General Dynamics Ordnance and Tactical Systems unit will produce the air-to-ground rocket platform for U.S. military branches and international military clients. …

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SRA to Help Manage Navy’s Criminal Investigation Data System

SRA International has won a potential five-year, $38.8 million contract to provide information technology support services to the U.S. Navy‘s Naval Criminal Investigative Service organization. The Navy received 11 offers for the cost-plus-fixed-fee contract via the FedBizOpps website and will obligate $100, 000 at the time of award from fiscal …

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July 20 Market Close: GovCon Index, US Stocks Slightly Up as Investors Digest Earnings

The GovCon Index closed in neutral territory Monday with a nominal gain of 0.040 points to 77.143. Lockheed Martin‘s (NYSE: LMT) stock price jumped nearly 2 percent after the company said it would examine a separation of its information technology and technical services business and its agreement to purchase helicopter manufacturer Sikorsky Aircraft from United …

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Lockheed to Explore IT Business Separation, Inks $9B Deal for Helicopter Maker Sikorsky

Lockheed Martin (NYSE: LMT) will examine a potential separation of its government information technology and technical services business components and has agreed to purchase helicopter manufacturing business Sikorsky Aircraft from United Technologies Corp. for approximately $9 billion. Lockheed announced both moves Monday and said its IT business segment review will look at whether to spin off or …

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Sky News: BAE Chair Asks Recruiter to Start Search for Future CEO Candidates

BAE Systems PLC Chairman Sir Roger Carr has asked a recruiter to start a search for potential candidates to succeed Ian King as CEO of the British defense contractor, Sky News reported Saturday. Mark Kleinman writes executive search and consulting firm Spencer Stuart has started to look for possible successors to King through what Sky called …

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Lockheed Reports 2% Sales Bump for 2Q, Profit Up 4%

Lockheed Martin (NYSE: LMT) has reported a 2.6 percent year-over-year increase in revenue to $11.6 billion for its fiscal year 2015 second quarter, which ended June 28, and a 4.5-percent increase in profit to $929 million for that same time frame. Sales in the company’s aeronautics, missiles and fire control, and mission systems and training segments …

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