Tag Archives: featured

Richard Montoni: Maximus Targets $200M in Annual Revenue From Affordable Care Act Work

Maximus Inc. (NYSE: MMS) booked $1.3 billion in revenue in fiscal year 2013 as the company worked to help individuals apply for health plan through the federal government’s ObamaCare program, Investor’s Business Daily reported Thursday. Marie Beerens writes 65 percent of that revenue came from the health services business and …

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Raytheon to Update NOAA Satellite Ground System for $185M; Lynn Dugle Comments

Raytheon (NYSE: RTN) has been awarded a $185 million contract modification to update a common ground system for three National Oceanic and Atmospheric Administration environmental satellites. The company will refresh ground station technology for the Joint Polar Satellite System, which works to gather weather and storm data from polar-orbiting spacecraft, Raytheon …

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Cubic Acquires Software, Gaming Firm Intific; Dave Schmitz Comments

Cubic Corp.  (NYSE: CUB) has acquired Intific Inc. for an undisclosed amount in a move aimed at extending the company’s reach into the cybersecurity, game-based service and transportation training markets. Intific will operate within the Cubic Defense Systems business unit, Cubic said Monday. Dave Schmitz, president of Cubic Defense Systems, …

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Daniel Akerson, Former GM CEO, Joins Lockheed Board of Directors

Daniel Ackerson, former chairman and CEO of General Motors (NYSE: GM) has joined the board of directors at Lockheed Martin (NYSE: LMT). He is a former board member at American Express and AOL Time Warner, Lockheed announced Thursday. Akerson has held the chairman, CEO and president roles at companies such as …

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ATA Wins $60M Deal to Support Air Force Research Lab; Dan Gillings Comments

Applied Technology Associates has secured a $60 million contract from the spacecraft technology division of the Air Force Research Laboratory‘s Space Vehicles Directorate to support the preparation of its spacecraft technologies for defensive space control,  responsive space and other missions. The indefinite-delivery/indefinite-quantity contract involves research, engineering and subsystem development and experimentation activities, from …

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Rupert Soames to Join Serco Group as Chief Executive

Rupert Soames, currently chief executive at Scotland-based power generation company Aggreko, will join international government services contractor Serco Group as chief executive on June 1. Interim Chief Executive Ed Casey will continue to lead the company until that date and Soames will also join Serco’s board, the company said Friday. Soames …

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Jeff Handy: Fulcrum Buys Forgentum to Grow Military Health Portfolio

Fulcrum IT Services has moved to grow its military health market presence by acquiring information management contractor Forgentum for an undisclosed sum. The transaction is also intended to expand Fulcrum’s customer base with Forgentum’s clients such as the TRICARE Management Activity, EHR Core and the Enterprise Infrastructure, Fulcrum said Thursday. Forgentum provides …

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Stu Fleagle: Carpathia Forms Federal Advisory Team of Former Gov’t Leaders

Carpathia Hosting has formed a federal advisory group comprising of former government leaders and company executives who will work to help the company address cloud computing security and compliance requirements. The Federal Advisory Council will hold regular meetings to discuss federal trends and develop strategies on how to customize Carpathia’s cloud …

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Elbit Systems Subsidiary Wins $145M for SW Border Security Towers

An Elbit Systems of America subsidiary has won a $145, 253, 801 contract to build fixed sensor towers and command and control center equipment for Customs and Border Protection to monitor the U.S.’ southwestern border with Mexico. The firm-fixed-price contract with EFW includes options that could extend work for up to …

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Harris CapRock Orders Comtech Subsidiary’s Comm Infrastructure Tools; Fred Kornberg Comments

Harris CapRock Communications has awarded a $5.4 million order for satellite communications infrastructure tools to a Comtech Telecommunications (NASDAQ: CMTL) subsidiary. Comtech EF Data Corp. booked that initial order in its fiscal quarter ending Jan. 31 as part of a purchasing agreement for VSAT services and radio frequency products with …

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