Tag Archives: featured

Michael Bisignano Named CA Technologies EVP, General Counsel; Mike Gregoire Comments

Michael Bisignano, a more than two-decade legal professional, has joined CA Technologies (NASDAQ: CA) as executive vice president and general counsel. He will report directly to CEO Mike Gregoire and provide legal guidance on corporate governance, litigation, contracts, intellectual property, mergers and acquisitions, compliance and securities, CA said Monday. “His …

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BAE Systems to Integrate Radio, Comms Systems for US Navy Missile Destroyers; DeEtte Gray Comments

BAE Systems has won a nine-year, $187.4 million contract to build and integrate radio and communications systems into U.S. Navy combatant ships. The company will perform engineering work on 12 Arleigh Burke-class guided missile destroyers and one Zumwalt-class guided missile destroyer, BAE said Monday. The contract is part of the Navy’s new construction …

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February 2 Market Close: GovCon Index, US Stocks Rise on Oil Surge and Greece News

The GovCon Index rose in tandem with the larger U.S. stock market to record a gain of 0.766 points — or 1.059 percent — and close at 71.501 on February 2015’s first trading day. U.S. crude oil ended the day at its highest price in almost a month — $49.57 per barrel — and …

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PAE Awarded $454M for NASA Marshall Center Services

PAE has been awarded a potential $453.5 million contract to help NASA run and maintain the space agency’s Marshall Space Flight Center in Alabama. The company will manage facilities, labor, tools and equipment, incidental engineering and transportation at the space research complex for NASA, the agency said Thursday. Work under …

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Alan Marc Smith: Millstein Targets Govt IT Market Expansion With DLT Buy

Financial advisory firm Millstein & Co. has acquired DLT Solutions for an undisclosed amount with the goal of helping DLT to expand its information technology offerings in the government market. DLT said Friday that Alan Marc Smith, a more than 25-year industry veteran and operating partner at Millstein, has joined …

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Huntington Ingalls Buys Undersea Drone Builder; Matt Mulherin Comments

Huntington Ingalls Industries (NYSE: HII) has acquired the underwater drone manufacturing business of Columbia Group for an undisclosed amount. The division will operate as a subsidiary known as Undersea Solutions Group within Newport News Shipbuilding’s submarine and fleet support division, Huntington Ingalls said Friday. Matt Mulherin, HII corporate vice president and Newport News Shipbuilding president, …

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NTIA Vet Karl Nebbia to Lead Alion’s Wireless Spectrum Services Business; Rob Hirt Comments

Karl Nebbia, former head of the National Telecommunications and Information Administration‘s spectrum management office, has joined Alion Science and Technology to lead the firm’s wireless spectrum services unit. He led NTIA’s spectrum management office between 2007 and 2014 as associate administrator and joins the company as it pushes to build its spectrum …

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Report: Airbus Seeks Majority Stake of MBDA

Airbus wants to buy Finmeccanica’s 25 percent share of European missile company MBDA, Reuters reported Monday. Airbus plans to bolster its 37.5 percent stake at MBDA after Finmeccanica announced sale of its share, Alexandre Boksenbaum-Granier and Valentina Za report, citing a report from Britain’s Sunday Times. Analysts estimate Finmeccanica’s MBDA …

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General Dynamics, Medico Industries Win Army Artillery Assembly Contract Spots

The U.S. Army has selected General Dynamics’ (NYSE: GD) ordnance and tactical systems business and Medico Industries to manufacture metal parts assemblies for artillery rounds under a $301.6 million contract. Contractors will build the components for M795 155-milimeter rounds through Jan. 30, 2020, the Defense Department said Friday. The Pentagon said it will …

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January 30 Market Close: GovCon Index Loses 2%, GDP Data Drags Stocks

The GovCon Index mirrored the declines of U.S. stocks Friday with a fall of 1.939 percent — or 1.346 points — to 70.735. Four out of 30 index companies recorded stock price increases: CGI Group (NYSE: GIB), L-3 Communications (NYSE: LLL), ManTech International (NASDAQ: MANT) and Serco Inc. A Commerce Department report …

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