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Carlyle Group Cuts Booz Allen Ownership Stake to 20%Financial Report

Carlyle Group Cuts Booz Allen Ownership Stake to 20%

Global investment firm Carlyle Group will reduce its ownership stake in consulting services provider Booz Allen Hamilton (NYSE: BAH) to 20
Lockheed Awarded $5B Modification on F-35 Production Contract with NavyContract Awards

Lockheed Awarded $5B Modification on F-35 Production Contract with Navy

Lockheed Martin (NYSE: LMT) has been awarded a potential $5.4 billion contract modification to provide a total of 55 F-35 low-rate initial
IBM Seeks to Expand Hybrid Cloud Services Through Gravitant Acquisition; Martin Jetter,  Don Rippert CommentM&A Activity

IBM Seeks to Expand Hybrid Cloud Services Through Gravitant Acquisition; Martin Jetter, Don Rippert Comment

IBM (NYSE: IBM) has purchased cloud brokerage software developer Gravitant for an undisclosed sum in a push to help clients buy and manage information technology
November 3 Market Close: GovCon Index Ends Nominally Down,  US Stocks Up on Energy RallyFinancial Report

November 3 Market Close: GovCon Index Ends Nominally Down, US Stocks Up on Energy Rally

The GovCon Index turned around losses incurred during the morning session Tuesday but fell late afternoon to end at a
Lockheed Says Sikorsky Buy to Close Friday After China Clears Deal,  All Regulatory Approvals CompleteM&A Activity

Lockheed Says Sikorsky Buy to Close Friday After China Clears Deal, All Regulatory Approvals Complete

China’s commerce ministry has cleared Lockheed Martin‘s (NYSE: LMT) estimated $9 billion purchase of the helicopter manufacturer Sikorsky Aircraft to
Preferred Systems Solutions Buys GSM in Intell Market Expansion Push; Fred Funk CommentsM&A Activity

Preferred Systems Solutions Buys GSM in Intell Market Expansion Push; Fred Funk Comments

Tysons Corner, Virginia-based government services contractor Preferred Systems Solutions has purchased software engineering company GSM Consulting for an undisclosed sum
Harris 1Q Earnings Meet Wall Street Forecasts,  Company Backs 2016 GuidanceFinancial Report

Harris 1Q Earnings Meet Wall Street Forecasts, Company Backs 2016 Guidance

Harris Corp. (NYSE: HRS) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings of
Engility to Support Northcom’s Deployable Communications System; Tony Smeraglinolo CommentsContract Awards

Engility to Support Northcom’s Deployable Communications System; Tony Smeraglinolo Comments

U.S. Northern Command has awarded Engility (NYSE: EGL) a three-year, $49 million contract to perform lifecycle support work on the command’s technical
Textron Systems Subsidiary Lands $142M in Army Logistics,  Program Mgmt ContractsContract Awards

Textron Systems Subsidiary Lands $142M in Army Logistics, Program Mgmt Contracts

AAI, a subsidiary of Textron (NYSE: TXT) Systems, has been awarded two potential one-year contracts worth $142.5 million combined to provide
Army Taps Kiewit-Turner JV for $571M VA Medical Facility Construction ContractContract Awards

Army Taps Kiewit-Turner JV for $571M VA Medical Facility Construction Contract

A joint venture of Kiewit and Turner Construction has won a potential three-year, $570.7 million contract from the U.S. Army