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Tag Archives: featured

Bill Lingard Named URS President, George Nash to Head Energy Division; Martin Koffel Comments

Bill Lingard, chief operating officer of URS Corp. (NYSE: URS), will take on the additional role of president of the company and report to Chairman and CEO Martin Koffel. The appointment is effective immediately and all four company divisions will report directly to Lingard, URS announced Tuesday. “Bill will continue …

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Curtiss-Wright Buys C4ISR Tech Maker Parvus for $38M Cash; David Adams Comments

Curtiss-Wright (NYSE:CW) has purchased Eurotech subsidiary Parvus, a factor computers and communications subsystems manufacturer, for $38 million cash. Salt Lake City, Utah-based Parvus builds small-form factor rugged computing and networking subsystems used in C4ISR operations (command, control, communications, computers, intelligence, surveillance, and reconnaissance), Curtiss-Wright said Tuesday. Parvus expects to generate $23 million …

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Raytheon Wins $243M for SM-6 Parts, Services

Raytheon (NYSE: RTN) has won a $243, 478, 659 contract to procure all up rounds, spares, containers and services for 89 Standard Missile-6 weapons. The company booked the contract during its third fiscal quarter, Raytheon said Friday. The Defense Department said the Navy will obligate $238, 666, 810 in fiscal year 2013 weapons procurement …

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Michael Maiorana Appointed Verizon Public Sector Head

Michael Maiorana, formerly a region president at Verizon Wireless (NYSE, NASDAQ: VZ), has been appointed senior vice president of public sector markets for Verizon’s enterprise solutions business. He succeeds Susan Zeleniak, a 16-year company veteran who has retired after a 39-year career in the telecommunications industry, Verizon said Monday. Maiorana most recently …

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Matthew Worrick Named WBB Contracts VP; William McMullen Comments

Matthew Worrick, a more than 25-year contracting veteran, has been appointed vice president of contracts at Reston, Va.-based government services provider Whitney, Bradley and Brown. He brings industry experience serving federal agencies such as the departments of State, Homeland Security, Defense, Justice and Health and Human Services, WBB said Monday. …

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Army Hands Down $600M for DoD Energy Program Support

The U.S. Army Corps of Engineers has awarded positions on a potential $600 million contract to 11 businesses for services supporting energy conservation and alternative energy projects for the Defense Department. Forty-six bids were submitted to the Corps’ engineering support center for the non-multi-year, no option, firm-fixed price contract, the Pentagon …

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Rockwell Collins to Sell Kaiser Optical Systems Subsidiary; Kelly Ortberg Comments

Rockwell Collins (NYSE: COL) will sell its Kaiser Optical Systems subsidiary, a holographic and spectrographic instrumentation maker,  to Endress+Hauser for an undisclosed amount. The acquisition is expected to close in early fiscal 2014 and the subsidiary represents represent less than one percent of Rockwell Collins’ total revenue, Rockwell Collins announced Aug. 30. “This divestiture …

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CH2M Hill Wins $2.1B Extension on DOE Nuclear Complex Cleanup Project

CH2M Hill Plateau Remediation Co. has won a five-year, $2.1 billion extension to continue helping the Energy Department carry out a cleanup project at a decommissioned nuclear complex in Hanford, Wash., the Tri-City Herald reported Friday. Annette Cary writes the contract was initially worth $4.5 billion over five base years and included …

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Northrop Wins $114M for 3 Air Force Global Hawks

Northrop Grumman has won a $114 million contract to provide three unmanned aerial vehicles and related components to the U.S. Air Force, Reuters reported Friday. The company will purchase materials and gears for airborne command and control systems to produce the Global Hawk Block-30 units. Congress told the Air Force to purchase the …

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Lockheed, Pentagon Close $8B in F-35 Contracts; Lorraine Martin Comments

Lockheed Martin (NYSE: LMT) and the Defense Department have closed on two new contracts worth $7.8 billion for the sixth and seventh batches of F-35 aircraft, Reuters reported Friday. Andrea Shalal-Esa writes the company received a $4.4 billion order for 36 F-35s and another $3.4 billion order for 35 F-35s. …

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