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Tag Archives: featured

Ken Asbury: CACI Sets Bookings, Backlog Records in 2Q

CACI International (NYSE: CACI) has announced financial results for the second quarter of its 2015 fiscal year ended Dec. 31, 2014. The Arlington, Va.-based government services contractor said its contract awards increased 162 percent to $1.88 billion from the prior year period and its total backlog as of Dec. 31, …

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Raytheon 4Q Revenue Up 5%, Profit Jumps 10%

Raytheon (NYSE: RTN) has announced financial results for the fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Waltham, Mass.-based defense technology maker posted a 4.7-percent increase in revenue to $6.14 billion from the prior year period and a 9.9-percent growth in revenue to $586 million from …

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ULA Adds New Launch Services Work for Air Force

United Launch Alliance, a joint venture between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has received a $383 million contract modification to deliver additional launch vehicle production services to the U.S. Air Force. The modification adds three pre-priced contracts for the configurations of one Air Force Delta IV, one U.S. Navy …

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Mark Sopp to Retire as Leidos CFO; Roger Krone Comments

Mark Sopp, an inductee into Executive Mosaic‘s Wash100 list for 2015, plans to retire from Leidos Holdings (NYSE: LDOS) as chief financial officer later this year. He will remain in service until the company finds a successor to the role and afterward will serve as adviser for the transition phase and other …

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Report: Army, Boeing Negotiate Multiyear Contract on Apache Helicopters

Boeing (NYSE: BA) and the U.S. Army have started negotiations over a multiyear contract for the branch’s procurement of Apache helicopters, Reuters reported Wednesday. Andrea Shalal writes the military service seeks to buy as many as 240 Boeing AH-64s between fiscal 2017 and fiscal 2021 under a deal that could be …

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USAF Wants Boeing 747-8 for Air Force One Replacement

The U.S. Air Force has decided to replace the current presidential aircraft platform with a customized Boeing (NYSE: BA) 747-8 series. USAF said Wednesday it plans to award Boeing with a sole-source contract to modify the company’s 747-8 design for the Presidential Aircraft Recapitalization program. “We still need to finalize …

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January 28 Market Close: GovCon Index Retreats, Fed Holds to ‘Patient’ Interest Rate Line

The GovCon Index extended its current stretch of declines to a third straight day with a loss of 0.306 points — or 0.432 percent — to close at 71.223 on Wednesday. Boeing (NYSE: BA) recorded the largest gain of any index member — a nearly 5-percent increase — after the company said revenue for its 2014 …

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Bill Toti: Cubic-Led Team Wins Anti-WMD Training Work With DTRA

A business unit of Cubic (NYSE: CUB) will lead a cross-sector team to provide support services for the Defense Threat Reduction Agency‘s training, exercise, capability assessment and capacity development programs under a potential $500 million contract. Cubic said Wednesday its mission support services segment will work with 13 partners to support DTRA’s mission to combat weapons …

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Defense Commissary Agency Taps NCR Subsidiary for Business Operations Support

NCR Government Systems has won a potential 10-year, $256 million contract to help the Defense Commissary Agency update the DeCA’s resale business operations. The indefinite-delivery/indefinite-quantity contract contains a five-year base period and five one-year options, the Defense Department said Tuesday. NCR is tasked to carry out work under the initial $20 million order …

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Bill O’Neill to Head Iron Mountain’s Gov’t Services Unit

Bill O’Neill,  a three-decade public sector technology veteran, will join Boston-based storage and information management firm Iron Mountain (NYSE: IRM) as vice president and general manager of the company’s government services business unit. He will head to Iron Mountain as the company pushes to expand the capacity of its  records storage facilities …

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