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Tag Archives: featured

DHS Awards 17 Spots on Potential $6B Cyber Contract

Seventeen companies have won positions on a potential $6 billion Department of Homeland Security contract covering cybersecurity products and services, Federal News Radio reported Monday. Jason Miller writes the General Services Administration is responsible for the continuous monitoring and diagnostics contract and will charge a 2-percent fee for usage. Federal, state, local and …

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Engility to Open $450M Credit Facility; Tony Smeraglinolo Comments

Engility Holdings (NYSE: EGL) has closed on a $450 million senior secured credit facility that replaces its current $400 million credit facility. The fresh facility comprises of a $200 million term loan and a $250 million revolving credit with a five-year term, Engility said Monday. Engility also purchased an accordion feature …

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Raytheon Wins $200M Missile Order, Includes Sales to 6 Countries

Raytheon (NYSE: RTN) has won a $200, 504, 841 contract modification to produce 541 missiles and related components for the U.S. Navy and Air Force and six other countries under the foreign military sales program. Sales to Malaysia, Morocco, Oman, Kuwait, Saudi Arabia and Switzerland comprise nearly 46.6 percent of total purchases under …

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Lockheed Wins $308M Kuwait Missile Sale; Richard McDaniel Comments

Lockheed Martin (NYSE: LMT) has won $308 million contract modification to produce weapons for Kuwait under a foreign military sales contract awarded by the U.S. Army. Work includes manufacturing of 244 Patriot Advanced Capability-3 missiles and deliveries are scheduled to start next year,  Lockheed said Monday. The contract also covers 72 launcher modification kits and other supplies. …

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AT&T to Install Private Network at HUD Sites; Kay Kapoor Comments

AT&T‘s (NYSE: T) federal government unit has won a potential $31 million contract to connect 93 Department of Housing and Urban Development facilities to a managed virtual private network. HUD awarded the contract as part of a network modernization initiative aimed at moving the agency away from a frame relay network toward …

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Justice Dept Awards Four Spots for Potential $1B Litigation Support IDIQ

Four companies have won positions on a potential $1.1 billion Justice Department contract vehicle covering automated litigation support services for up to six years. CACI International (NYSE: CACI), Deloitte, Lockheed Martin (NYSE: LMT) and USIS will compete for task orders to provide professional services and products to DOJ components, the department said …

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Rockwell Collins to Acquire ARINC for $1.4B; Kelly Ortberg, John Belcher Comment

Rockwell Collins (NYSE: COL) has agreed buy ARINC for $1.39 billion in a move aimed at expanding Rockwell Collins’ offerings in the aviation industry. The potential buy is subject to regulatory approvals and intends to combine Rockwell Collins’ avionics and cabin technologies with the networks and services of the Annapolis, Md.-based Carlyle …

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Lockheed Wins $223M South Korea Apache Sensor Sale

Lockheed Martin (NYSE: LMT) has won a $223 million contract to produce sensor equipment for use on South Korea’s fleet of Apache helicopters. South Korea is the 12th country to purchase AH-64E Apaches that are equipped with the company’s Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor, the company said Monday. The contract …

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SAIC Wins $224M to Manage Thrift Investment Board IT Infrastructure

Science Applications International Corp. (NYSE: SAI) has won a $224.5 million contract to provide information technology services to the Federal Retirement Thrift Investment Board, Federal News Radio reported Monday. Jason Miller writes SAIC will perform recordkeeping, information security and information technology support work for five years. The FRTIB started the …

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Raytheon Wins Contract for Third NASA-NOAA Visible Infrared Imager Radiometer Suite

Raytheon (NYSE: RTN) has won a contract from NASA to develop a radiometer that will work to collect space imagery used for global weather and climate patterns research. The award is the third order for the Visible Infrared Imager Radiometer Suite, used on the agency’s Joint Polar Satellite System-2 spacecraft with the …

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