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Tag Archives: featured

URS Corp. 2Q Revenue Up 4%, Oil & Gas Jumps 74%

URS Corp. (NYSE: URS) recorded a 4 percent year-over-year increase in revenue for the second quarter of its 2013 fiscal year that ended June 28, the company said in its Tuesday earnings release. The San Francisco-based engineering and construction contractor also recorded $67.3 million in net income for the quarter, …

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Bob Kipps: As Sellers Return, Sustained Buyer Interest Could Buoy GovCon M&A in 2nd Half of 2013

Rising From the Abyss? Bob Kipps, Managing Director,  KippsDeSanto & Company As industry dealmakers know, government services and defense deal closings during first half of this year were hollowed out by the double whammy of higher capital gain taxes and advent of sequestration that occurred earlier this year. Anticipation of …

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SAIC to Build Indian Health Service Dental Record Database; Steve Comber Comments

Science Applications International Corp. (NYSE: SAI) has won a potential $17 million task order to help the Indian Health Service create a new database for managing dental records. The one-year project includes four 12-month options and seeks to support administrative processes and organizational operations throughout the transition as IHS provides …

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CACI Selected for GSA Mobile Device Program

CACI International (NYSE: CACI) has been selected as a vendor for a General Services Administration program that works to help federal agencies acquire mobility services. The company will work to help federal agencies engineer mobile devices, develop applications and build applications hub, CACI said Tuesday. GSA aims for its Mobile …

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BAE Selected for Poland’s C-130 Support Work; Floyd McConnell Comments

BAE Systems and a Poland-based aviation company have partnered to provide training, modifications and technical support for the Polish Air Force’s C-130 aircraft. The contract with Wojskowe Zakłady Lotnicze Nr 2 S.A. contains five base years and two renewal years, BAE said Monday. “This agreement advances our strategy to partner …

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Report: ATK In Talks to Buy Weapon Accessory Firm Bushnell for $1B

ATK (NYSE: ATK) has entered into negotiations to buy gun accessory manufacturer Bushnell Outdoor Products for approximately $1 billion, Reuters reported Monday. Olivia Oran and Greg Roumeliotis write Bushnell has called in financial services companies Morgan Stanley and Robert W. Baird & Co. to examine a potential sale. Oran and …

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Navy Awards Five Civil Military Relations Center Support IDIQ Contracts

The U.S. Navy has awarded contracts to five companies for technical, professional support and related administrative services to the Center for Civil Military Relations. Up to 2 percent of total contract work could cover training of foreign troops or education of officials under the foreign military sales program, the Defense …

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Air Force Selects Six for Potential $960M Application Services IDIQ

The U.S. Air Force has awarded six companies positions on a potential seven-year, $960 million contract covering application services for the branch’s enterprise environments. Twenty-one offers were submitted to the Air Force for the Network-Centric Solutions-2 Application Services contract via the FedBizOpps website, the Defense Department said July 29. The …

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CACI Wins $14M Task Order to Centralize VA Electronic Data; Ken Asbury Comments

CACI International (NYSE: CACI) has won a $14 million task order to build a data exchange platform intended to help veterans access the Department of Veterans Affairs‘ electronic record system. The company will develop a data access service that will work to share information between the VA, the Defense Department and other …

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CAE Wins $100M Air Force UAV Pilot Training Contract

CAE (NYSE: CAE) has won a $100 million five-year contract to manage pilot training on General Atomics-made drones for the U.S. Air Force, Defense News reported Friday. Aaron Mehta writes CAE instructors will facilitate command and control coursework for MQ-1 Predator and MQ-9 Reaper aircraft at air bases in California, New Mexico …

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