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Tag Archives: featured

Army Picks 7 Companies for $498M Office Equipment Contract

The U.S. Army has awarded positions on a potential $498 million contract to seven companies for commercial-off-the-shelf, multi-functional devices. Contractors will compete for task orders to supply the equipment and provide repair and maintenance services to the Army under firm-fixed-price, multiple-award contract, the Defense Department said Thursday. Equipment covered under the contract …

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General Dynamics to Wrap Up Army Comm Network R&D for $475M

A General Dynamics business unit (NYSE: GD) has been awarded a $475 million contract to complete research and development work on a future communications network for the U.S. Army. General Dynamics C4 Systems will work to assemble and code items for the Warfighter Information Network- Tactical Increment 3 in to move …

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Pentagon Wants Israel to Have Ospreys By 2015

The Defense Department has prioritized a foreign military sales order from Israel for six Boeing (NYSE: BA) and Bell Helicopter-built V-22 Ospreys ahead of the U.S. Marine Corps, Defense News reported Thursday. Marcus Weisgerber writes Israel’s formal request for modified versions of the tilt-rotor aircraft came this week following Defense …

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Microsoft-Backed Startup Gets $10M Funding Boost; Vanessa Gao Comments

A Chinese financial technology startup backed by Microsoft Ventures (NASDAQ: MSFT) has secured $9.8 million in a funding round from several investors, including CBC Capital and Matrix Partners. 91Jinrong is a member of Microsoft Ventures Accelerator and works to match financial products and services to customer needs through an online …

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Frank Bruno Appointed Battelle Air Force Unit VP; Steve Kelly Comments

Frank Bruno, a retired Air Force brigadier general and former logistics director for the branch’s Materiel Command, has joined Battelle as vice president for the nonprofit science and technology organization’s Air Force unit. The 29-year military veteran will be responsible for managing Battelle’s Air Force account and the nonprofit’s relationships …

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CSC Agrees to Buy Cloud Mgmt Firm ServiceMesh; Mike Lawrie, Dan Hushon Comment

Computer Sciences Corp. (NYSE: CSC) has agreed to buy Santa Monica, Calif.-based cloud management company ServiceMesh for an undisclosed amount as part of CSC’s efforts to help customers move applications to cloud platforms. CSC expects to complete the acquisition in the third quarter of its 2014 fiscal year,  CSC said Wednesday. Dan Hushon, …

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BAE Wins $688M to Build Army Howitzers; Mark Signorelli Comments

BAE Systems has won a potential $688 million contract to start production work on self-propelled howitzers for the U.S. Army. Low rate initial production for the base period is valued at $195 million and covers 19 Palidin howitzers with 18 carrier ammunition tracked vehicles, BAE said Thursday. The Army holds options to purchase …

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Northrop to Update Air Force Surveillance Workstations, Computers; Bryan Lima Comments

Northrop Grumman (NYSE: NOC) has won a potential three-year, $43 million contract to install new operator workstations and signal processor computers for U.S. Air Force surveillance aircraft. The company will also implement a Linux-based architecture for the E-8C Joint Surveillance Target Attack Radar System aircraft, trainers and laboratories as part of efforts to …

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L-3 Wins $73M to Build Missile Targets for MDA

A division of L-3 Communications (NYSE: LLL) has won a $73, 361, 422 contract to develop and build medium-range ballistic missile targets for the U.S. Missile Defense Agency. MDA received four proposals for the fixed-price-incentive, cost-plus-incentive-fee, cost-plus-fixed-fee and cost-reimbursement contract through a competitive procurement process via FedBizOpps, the Defense Department said Wednesday. …

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Debra Tomchek Joins ICF in VP Post; Jeffrey Neal Comments

Debra Tomchek, formerly executive director of the Department of Homeland Security‘s chief human capital office, has joined ICF International (NASDAQ: ICFI) as a vice president. The 15-year federal senior executive veteran led DHS to develop and implement a department-wide program on how to plan a multi-sector workforce that works to address mission …

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