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Tag Archives: featured

Scitor to Join SAIC’s New Intell Customer Group Upon Deal’s Closure; Tony Moraco Comments

Systems engineering contractor Scitor will join Science Applications International Corp.‘s (NYSE: SAIC) new intelligence community customer group following SAIC’s completed $790 million cash acquisition of Scitor. SAIC announced the deal’s closure Monday and said Scitor President Timothy Dills will lead the new group, which SAIC estimates to represent 11 percent of its total customer mix. Scitor generated $600 …

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Army to Unveil $192M in Prototyping, Testing Contracts

The U.S. Army plans to award five contracts worth $192 million combined for small businesses to provide system development, design and testing support under the Rapid Acquisition of Materials for Prototyping program. In a notice posted Friday on FedBizOpps, the Army said it will release a request for proposals May 15 and accept responses through …

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L-3 Sells Sports TV Tech Business to Slate Capital Group; Parker Davis Comments

Slate Capital Group has purchased sports television technology maker Broadcast Sports Inc. from L-3 Communications (NYSE: LLL) for an undisclosed amount. BSI will operate under the name Broadcast Sports International LLC after Slate Capital completes the acquisition and Peter Larsson will continue to lead the business, Slate Capital said Monday. Parker Davis, managing member …

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Raytheon to Build Additional Guided Missiles for US Navy

Raytheon (NYSE: RTN) has been awarded a $559, 206, 957 contract with the Missile Defense Agency to produce additional guided missiles for the U.S. Navy. The company will build 44 Standard Missile-3 Block IB all-up rounds and design the third stage rocket motor, Raytheon said Monday. Raytheon will assemble the …

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May 4 Market Close: GovCon Index Extends Rebound as Europe, China Gains Lift US Stocks

The GovCon Index closed in positive territory for the second consecutive day Tuesday with a gain of 0.263 to close at 74.324. Gains in European and Chinese markets helped U.S. stocks to a second straight day of gains and eight out of 10 sectors in the S&P 500 composite index …

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BAE Awarded $434M to Produce Army Night Vision, Targeting Systems

BAE Systems has been awarded a potential five-year, $434 million contract to integrate night vision and thermal targeting technology into head-worn goggles for the U.S. Army. The contract has a $35 million initial value and was awarded through the military branch’s Enhanced Night Vision Goggle III and Family of Weapon …

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FAA Awards SAIC Potential $727M Air Traffic Control Training Services Contract

Science Applications International Corp. (NYSE: SAIC) has been awarded a potential five-year, $727 million contract to help the U.S. Federal Aviation Administration train new air traffic controllers. The company will provide program management, classroom and laboratory training, simulation, student performance monitoring, technology support and curriculum development, maintenance and revision services, …

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Chuck Robbins Named Cisco CEO; John Chambers to Become Exec Chairman

Chuck Robbins, senior vice president of worldwide operations at Cisco (NASDAQ: CSCO), has been appointed CEO of the company and joined the board of directors. He will succeed current Cisco Chairman and CEO John Chambers, who will take the role of executive chairman of the board on July 26, the company said Monday. …

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GSA Unveils STARS II ‘Open Season’ Schedule for Small Businesses

The General Services Administration is seeking proposals from small businesses for the open season of the 8(a) Streamlined Technology Acquisition Resources for Services II contract during the option period from Aug. 31, 2016 to Aug. 30, 2021. In a presolicitation notice posted Thursday on FedBizOpps, GSA said it will release the STARS II OS solicitation on …

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Sawdey Lands Air Force Advisory Services Contract Under OASIS

The U.S. Air Force has awarded Sawdey Solution Services a potential five-year, $51.9 million contract to provide advisory and assistance services to the military service’s agile combat support directorate. Sawdey won the contract through a competitive procurement under the small business set-aside portion of the General Services Administration‘s One Acquisition …

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