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Tag Archives: featured

Army Awards $263M Logistics Contract to VSE-CB&I JV; Maurice Gauthier Comments

A joint venture of VSE Corp. (Nasdaq: VSEC) and CB&I Federal Services has won a $263 million contract to perform logistics support services at the U.S. Army’s Fort Benning, Georgia-based facility. VS2 LLC will maintain materials, supply tools, provide ammunition services and conduct logistics analysis and management functions for the Army, VSE …

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Rakesh Sharma: Ultra Electronics-Sparton JV Secures $87M Navy Sonobuoy Manufacturing IDIQ

Sparton (NYSE: SPA) and Ultra Electronics Holdings’ ERAPSCO joint venture has been awarded a five-year, $87 million contract to manufacture sonobuoys for the U.S. Navy. Rakesh Sharma, CEO of Ultra Electronics, said Monday the contract reflects the Navy’s “increased focus on anti-submarine warfare and ‘pivot to the Pacific.’” ERAPSCO will …

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May 18 Market Close: GovCon Index Starts Week With Gain, Housing Reports Due

The GovCon Index bound back from the previous trading day’s loesses Monday with a gain of 0.413 points to 75.561. U.S. stocks recorded gains across-the-board Monday as investors await the release of housing reports this week as they seek to determine the timing of a potential interest rate increase by the Federal Reserve, …

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Bill Bodie Returns to Parsons in Middle East, Africa EVP Role

Bill Bodie, head of business development for Fluor Corp.’s (NYSE: FLR) government group since the fall of 2013, has been appointed an executive vice president of the Middle East and Africa business at Parsons, where he worked for the five years prior to Fluor. Parsons said Monday he will oversee the …

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Justin Lanning: Xerox Seeks Health IT Business Growth Through HCI Purchase

Xerox (NYSE: XRX) has acquired healthcare information technology software-as-a-service company Healthy Communities Institute for an undisclosed amount. The companies seek to integrate HCI’s cloud-based SaaS platform and an analytics technology from Xerox’s healthcare subsidiary Midas+, Xerox said Monday. Justin Lanning, senior vice president and managing director of Midas+, said the …

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The …

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US Navy Awards $544M Software License Renewal BPA to Insight Public Sector

Insight Public Sector has won a potential $543.72 million contract to renew the U.S. Navy and Marine Corps’ software assurance and Microsoft (Nasdaq: MSFT) software licenses. The blanket purchase agreement covers a one-year base period and two one-year options, the Defense Department said Friday. Insight Public Sector will perform the …

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Gulfstream President Larry Flynn to Retire; General Dynamics’ Phebe Novakovic Comments

Larry Flynn, president of General Dynamics (NYSE: GD) subsidiary Gulfstream Aerospace, will retire from his role by the end of June. “Larry Flynn has made significant contributions to General Dynamics and Gulfstream during his long career, most recently with the introduction of three new aircraft in 2014, ” Phebe Novakovic, General Dynamics …

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Jane Bishop Named Northrop Grumman Military Aircraft Systems VP

Jane Bishop, formerly deputy lead for the E-2/C-2 programs of Northrop Grumman Corp. (NYSE: NOC), has been named vice president of E-2/C-2 programs for the military aircraft systems division with the aerospace systems sector. She will oversee the development, production and delivery of the E-2D Advanced Hawkeye aircraft, as well …

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Navy Selects 8 Firms for Construction Services to NAVFAC Southwest

The U.S. Navy has selected eight companies to provide construction, repair and renovation services for the Naval Facilities Engineering Command‘s area of responsibility in the U.S. southwest region under a $240 million contract. The Defense Department said Wednesday the indefinite-delivery/indefinite-quantity contract covers commercial and institutional facilities such as school buildings, hospitals, fire stations, …

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