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Tag Archives: featured

DLT Lands $379M IDIQ Award for Oracle Software Product Licenses

The Department of the Navy has awarded DLT Solutions a potential $379.3 million indefinite-delivery/indefinite-quantity contract for Oracle software brand licenses, according to a FedBizOpps notice posted Thursday. Herndon, Va.-based DLT has provided Oracle product support to DON personnel and users at U.S. Navy and U.S. Marine Corps installations over the past five …

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Perspecta Begins Trading on NYSE as Independent Firm Under CEO Mac Curtis

Perspecta has begun to trade under the ticker symbol “PRSP” on the New York Stock Exchange after it finalized its separation from DXC Technology (NYSE: DXC) and subsequent merger with Vencore and KeyPoint Government Solutions. The independent publicly traded combined company has 14,000 employees and $4.2 billion in pro-forma revenues, Perspecta said Friday. …

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Valiant Closes $135M Purchase of Cubic’s Global Defense Services Business; Bradley Feldmann Comments

Valiant Integrated Services has wrapped up its approximately $135 million cash acquisition of Cubic’s (NYSE: CUB) global defense services business. Bradley Feldmann, Cubic chairman, president and CEO, said in a statement published Friday the completion of the divestiture is a significant step for the company as it works to achieve and bring …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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General Dynamics Gets $93M Modification on Navy Personnel IT Modernization Contract

General Dynamics‘ (NYSE: GD) information technology unit has received a $93.2 million contract modification from the U.S. Navy to modernize a system used to manage the service branch’s personnel records. The modification falls under a previously awarded indefinite-delivery/indefinite-quantity contract and includes upgrade work on the Navy Standard Integrated Personnel System Enterprise Resource Program system, the Defense …

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Pratt & Whitney Gets $2B Navy Contract Modification for Lot 11 F-35 Propulsion Engines

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has received a potential three-year, $2 billion contract modification from the U.S. Navy to produce the 11th batch of F135 engines for all three variants of the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II aircraft. Pratt & Whitney said Thursday it will …

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Diane Epstein Joins Ensco’s National Security Division as Business Development, Capture Director

Diane Epstein, a former capture manager at Raytheon (NYSE: RTN), has joined Ensco as director of business development and capture at the Falls Church, Va.-based contractor’s national security division. She will oversee Ensco’s efforts to identify business opportunities and establish customer relationships in the defense and intelligence sectors, the company said Wednesday. Vernon Joyner, …

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Orbital ATK Gets $171M Navy Contract Option for Lot 7 Updated Anti-Radiation Missiles

Orbital ATK (NYSE: OA) has received a two-year, $171.2 million contract option to produce a seventh batch of Advanced Anti-Radiation Guided Missile systems for the U.S. Navy and foreign military sales customers. The company will convert 271 AGM-88B High Speed Anti-Radiation Missiles from the Navy into 253 AGM-88E AARGM all-up-rounds and eight Captive Air Training …

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DSA’s Paul Strasser Elected IAC Executive Vice Chair

The American Council for Technology and Industry Advisory Council has announced the election of Paul Strasser, executive vice president of information management solutions group at Data Systems Analysts, as executive vice chair of IAC, effective July 1. Strasser, who currently serves as vice chair for finance at IAC’s executive committee, will …

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DoD Taps Carahsoft for Potential $125M Red Hat Software, Services BPA

Carahsoft Technology has received a potential five-year, $125 million blanket purchase agreement to provide Red Hat’s (NYSE: RHT) software and services to the Defense Department and related agencies. The BPA will run through April 1, 2023, and includes training and maintenance support services for DoD, the U.S. Coast Guard and intelligence agencies, …

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