Tag Archives: featured

General Dynamics Reports 5% Revenue Jump for 2Q, Profit Up 39%

General Dynamics (NYSE: GD) has reported a 5.46-percent increase in revenue year-over-year for its fiscal year 2015 second quarter ended July 5, 2015 and a 39-percent jump in revenue for the quarter. Total revenue for the second quarter was $7.88 billion and profit for that same period reached approximately $752 …

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NASA Taps 13 Companies for Aerospace Research at Glenn Center

NASA has selected 13 companies to support aerospace research and provide propulsion and communications systems to the Glenn Research Center in Ohio under five-year contracts with a maximum value of $190 million. The space agency said Wednesday awardees will work to develop, verify and demonstrate communications, propulsion, structures and materials technology for space …

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GovDelivery Buys Textizen for Govt Interactive Mobile Messaging Functions

GovDelivery has completed its acquisition of mobile platform Textizen as part of efforts to provide customized and interactive messaging functions to government agencies for use in citizen engagement efforts. GovDelivery said Tuesday the addition of Textizen’s technology aims to address the demand for interactive communications among its government customers. Scott Burns, CEO and co-founder of …

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Wyle Laboratories Lands $1.44B Biomedical Research, Health Support Contract With NASA

Wyle Laboratories has been awarded a potential 10-year, $1.44 billion contract to provide occupational health and biomedical research services for all spaceflight platforms at NASA’s Houston-based Johnson Space Center. NASA said Wednesday the contract covers support for the space agency’s human health and performance directorate at Johnson, which oversees health …

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John Bonsell Joins SAIC as Govt Affairs VP; Tom Eldridge Comments

John Bonsell, a former legislative staffer in the U.S. Senate, has joined Science Applications International Corp. (NYSE: SAIC) as vice president of government affairs. He will report to Tom Eldridge, SAIC’s government affairs SVP, and work out of the company’s office in Rosslyn, Virginia, the company said Tuesday. Eldridge said …

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GKN to Acquire Dutch Aircraft Manufacturer Fokker for $780M

GKN has agreed on the estimated $779.6 million acquisition of Arle Capital‘s Fokker Technologies company as part of GKN’s efforts to establish its business as a global supplier to the aerospace sector. GKN said Tuesday its aerospace business will absorb Fokker as an operating unit following the close of the acquisition scheduled …

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Four Firms Land $900M Special Operations Command Mission Support IDIQ

The U.S. Special Operations Command has awarded four companies a five-year, $900 million contract to perform mission support services. Booz Allen Hamilton (NYSE: BAH), CACI-WGI, Raytheon (NYSE: RTN) and MacAulay-Brown will perform work in various locations in the U.S. and abroad under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Tuesday. …

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Navy Picks Booz Allen, CSSI, Serco for $200M Air Traffic Control Engineering IDIQ

The U.S. Navy‘s Space and Naval Warfare Systems Command has awarded positions on a potential five-year, $199.9 million contract to three companies for air traffic control system engineering and technical support services. Booz Allen Hamilton (NYSE: BAH), CSSI and Serco Group‘s U.S. subsidiary will compete for orders to help SPAWAR …

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July 28 Market Close: GovCon Index Rides 3-Digit Dow Rally, Energy Leads US Stock Gains

The GovCon Index snapped a five-day streak of losses Tuesday with a rebound of 1.244 percent to close at 75.127 on a day that saw the major U.S. stock indices record gains of nearly similar margins. Energy shares were the largest gainers in the S&P 500 at a 3-percent jump for …

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TASC Awarded Potential $200M USAF GPS Support Contract; Tony Smeraglinolo Comments

Engility’s (NYSE: EGL) TASC subsidiary will provide systems engineering and integration services to the U.S. Air Force ‘s GPS directorate under a new potential six-and-a-half year, $200 million contract. Engility said Tuesday TASC will update the GPS enterprise’s technical baseline, provide products for milestone approvals, and support and analyze processes in the …

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