Tag Archives: featured

Jill Singer Joins AT&T Government Solutions as National Security VP; Kay Kapoor Comments

Jill Singer, a former partner at consulting firm Deep Water Point, has joined AT&T (NYSE: T) as vice president of national security for the company’s government solutions unit. The 27-year public and private sector veteran will oversee the subsidiary’s work to deliver technology products and services to customers across the …

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January 29 Market Close: GovCon Index Rallies 1%, Jobless Claims Dip

The GovCon Index recovered some ground from a three-day stretch of losses Thursday with a gain of 0.868 points — or 1.191% percent — to close at 72.081. Boeing (NYSE: BA) was the index’s largest gainer at 5.8 percent or a second straight day and Northrop Grumman‘s (NYSE: NOC) stock jumped 2.16 percent after the company said profit …

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Tony Smeraglinolo: Engility to Integrate DTRA’s Threat Detection, Assessment System

Engility Holdings (NYSE: EGL) has been awarded five-year, $38 million contract to engineer and integrate the Defense Threat Reduction Agency’s system for detecting and combating weapons of mass destruction. The cloud-based Constellation Combating Weapons of Mass Destruction system is designed to assess threats through a common environment for government agencies to share and …

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Northrop Profit Jumps 6% for 4Q, Full 2014 Fiscal Year

Northrop Grumman (NYSE: NOC) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Falls Church, Va.-based aerospace and defense contractor reported a 6-percent increase in profit for the quarter to $506 million from the prior year period. Profit also grew 6 percent …

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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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