Tag Archives: featured

CGI FY 2015 Earnings Top Wall Street Estimates, 4Q Number Beats Forecast

CGI Group (NYSE: GIB) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings of $3.13 per share for the company’s 2015 fiscal year ended Sept. 30 to exceed the consensus Wall Street estimate by 2 cents and the prior year figure by 11.78 percent. The Montreal-based …

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Rockwell Collins CEO Kelly Ortberg Named Board Chairman; Anthony Carbone Comments

Rockwell Collins (NYSE: COL) CEO Kelly Ortberg has taken the additional role as chairman of the aviation technology maker’s board of directors. Former Chairman Anthony Carbone will transition into the lead independent director position with the board, Rockwell Collins said Wednesday. “This appointment reflects the confidence the board of directors has in Kelly, …

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France Requests $650M Lockheed C-130J Transport, Refueling Aircraft Sale

The State Department has approved France’s request to purchase four Lockheed Martin-built (NYSE: LMT) transport planes and tankers from the U.S. government under a $650 million foreign military sales agreement. The Defense Security Cooperation Agency said Tuesday the future sale includes two C130J transport planes and two KC-130J tankers with turboprop engines from Rolls-Royce plus four engine …

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Lockheed Lands $969M Contract Modification to Produce Air Force C130-J Aircraft

Lockheed Martin (NYSE: LMT) has received a potential five-year, $968.7 million contract modification to build 17 C-130J transport planes for the U.S. Air Force. The award covers the production of six C-130J-30 Super Hercules, nine MC-130J Commando II, one KC-130J tanker and one HC-130J Combat King II aircraft, the Defense Department said Tuesday. …

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USAF Pushes Boeing Small Diameter Bomb FMS Contract Ceiling to $228M

Boeing (NYSE: BA) has been awarded a $130.1 million contract modification for the production of Small Diameter Bombs Increment 1 for foreign military sales customers of the U.S. Air Force. The Defense Department said Tuesday the modification would increase the ceiling value of a previously awarded SDB I production contract from $98 …

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HP Enterprise Gets $91M Task Order to Maintain DHA Global Service Center

Hewlett-Packard Enterprise (NYSE: HPE) has received a $91.5 million task order to operate and maintain the global service center of the Defense Health Agency’s health information technology directorate. The Defense Department said Tuesday the service center provides user access to the Military Health System for application and system identification, analysis, …

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SPAWAR Vet Rod Smith Joins McKean Defense Group as CTO; Joseph Carlini Comments

Rod Smith, a former deputy commander and executive director of the U.S. Navy‘s Space and Naval Warfare Systems Command, has joined McKean Defense Group LLC as chief technology officer. He will report to CEO Joseph Carlini and be responsible for the company’s combat systems programs and growth strategy in the SPAWAR market, …

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Reuters: Verizon Mulls Enterprise IT Portfolio Sale

Verizon (NYSE: VZ) is considering a sale of its enterprise-grade technology portfolio in order to concentrate on its consumer market business line, Reuters reported Friday. Liana Baker and Greg Roumeliotis write Citigroup will help examine a potential sale of business landline and Internet services from Verizon’s unit formerly called MCI as well as data center offerings from …

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Five GovCon Firms Win $500M Air Force Architect-Engineering IDIQ

The U.S. Air Force has awarded five companies a $500 million contract to perform architect-engineering environmental services. The Defense Department said Monday the companies will perform operations and maintenance, environmental restoration, compliance, base realignment and closure and military family housing services. The awardees are AECOM (NYSE: ACM), Jacobs Engineering Group (NYSE: …

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Wood Parker Named to Serco’s US Arm Board; Dan Allen Comments

Wood Parker, former president and CEO of Engility’s (NYSE: EGL) TASC subsidiary, has been appointed to the board of directors at Serco Group’s U.S. subsidiary Serco Inc. “Wood’s extensive knowledge and insight into federal government contracting with the department of defense, federal civilian agencies and the intelligence community will be …

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