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Tag Archives: govcon

Praetorian Standard Lands NASA Contract, Chenega’s Timothy Lamb Comments

TYSONS CORNER, VA, March 11, 2019 — Chenega Corp. partner Praetorian Standard Inc., a disabled veteran-owned business, secured its first contract on the heels of a mentorship agreement between the two companies, ExecutiveBiz reported Tuesday. NASA said Feb. 28 it selected PSI, which Chenega’s security and support solutions business has …

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Huntington Ingalls Names New GM for San Diego Shipyard; Andy Green Quoted

TYSONS CORNER, VA, March 11, 2019 — Huntington Ingalls Industries (NYSE: HII) appointed shipbuilding industry veteran Carlos Aguayo earlier this month to serve as general manager of its San Diego shipyard, ExecutiveBiz reported Tuesday. Aguayo, who succeeded the recently retired Daniel Flood, is now in charge of strategy development, quality, …

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Thomas Payne Named Pragmatics VP, Emile Trombetti Quoted

Thomas Payne, formerly senior director of operations at BAE Systems‘ U.S. arm, was appointed vice president of the defense and intelligence solutions business at Pragmatics. He will succeed the retiring Mike Yocom and will lead efforts to grow the unit’s service offerings for the intelligence community and defense sector, Pragmatics …

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Parsons Files Plan for IPO

Parsons filed with the Securities and Exchange Commission for an initial public offering to raise approximately $500M, Reuters reported Friday. The IPO could be available in April or May with the value of the construction and engineering services estimated at $3B, according to the report. Bank of America, Goldman Sachs …

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McAleese and Associates: CFO Kenneth Possenriede on Lockheed’s 2019 Priorities

McAleese and Associates has released a report on Lockheed Martin’s (NYSE: LMT) 2019 priorities as discussed by Chief Financial Officer Kenneth Possenriede at a JP Morgan conference on Thursday. Some of the priorities mentioned include the F-35 fighter aircraft program; missiles and fire control sector; hypersonics; and the restart of …

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Unit-ASRC Construction Wins $129M Army Contract to Build Radar System Power Plant

Unit-ASRC Construction has won a potential $128.6M contract from the U.S. Army Corps of Engineers to build a power plant for the Long Range Discrimination Radar system at Clear Air Force Station in Alaska. The Army received three bids for the project, which is slated to be completed by December …

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Lockheed Announces Plan to Hire 100 Employees for Cyber Security Facility

TYSONS CORNER, VA, March 8, 2019 — Lockheed Martin (NYSE: LMT)  unveiled a new 15,000-square-foot facility at Port San Antonio in Texas that will house cybersecurity technology development operations as the company enhances its capabilities in the field, ExecutiveBiz reported Wednesday. The new office at Port San Antonio’s Project Tech …

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Defense Department Awards $4B Equipment Contract to Six Companies

The Defense Logistics Agency awarded six companies a one-year, $4B bridge contract to provide special operations equipment to all branches of the U.S. Armed Forces. The agency, a unit of the Department of Defense, will use fiscal 2019 defense working capital funds on the firm-fixed-price and indefinite-delivery/indefinite-quantity contract, the department …

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Perspecta Awarded $129M Defense Contract, Mac Curtis Quoted

Perspecta (NYSE: PRSP) received a potential $129M contract to provide operational support for a Department of Defense program. The contract has a one-year base period, four option years and an additional six-month option, the company said Thursday. “This win speaks not only to our dependability as a partner but also …

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Northrop Secures $322M Navy Contract to Develop Extended-Range Anti-Radiation Missile System

Northrop Grumman (NYSE: NOC) received a $322.5M engineering and manufacturing development contract for an extended-range configuration of a U.S. Navy missile system. The company’s innovation systems sector will design, test and integrate a new solid rocket motor technology for the AGM-88G Advanced Anti-Radiation Guided Missile – Extended Range, the Department …

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