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Tag Archives: govcon

ACT I Up for Greater Washington ‘Contractor of the Year’ Award; Michael Niggel Quoted

TYSONS CORNER, VA, October 1, 2018 — Advanced Concepts and Technologies International has been named a finalist for a Greater Washington Government Contractor Award as the “Contractor of the Year” in the category for companies with $25M to $75M in annual revenue, ExecutiveBiz reported Sept. 20. ACT I CEO Michael Niggel …

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Jacobs, NASA Hold Final Qualification Test on Parachute System for Orion Re-Entry

TYSONS CORNER, VA, October 1, 2018 — Jacobs Engineering Group (NYSE: JEC) has collaborated with NASA to complete a series of tests on a parachute system that will be used for the Orion spacecraft’s re-entry into Earth upon the conclusion of its mission, ExecutiveBiz reported Friday. The company said Thursday the …

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Cubic to Provide Mobile App for Update of SF Bay Area’s Fare Payment System

TYSONS CORNER, VA, October 1, 2018 — A Cubic (NYSE: CUB) business unit will work with Microsoft (Nasdaq: MSFT) to update the smart card-based fare payment technology serving the San Francisco Bay Area under a $394M contract from the region’s transportation agency, ExecutiveBiz reported Friday. Cubic Transportation Systems said Thursday it will …

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Lockheed, DoD Finalize $11.5B Contract for Lot 11 F-35s; Greg Ulmer Quoted

Lockheed Martin (NYSE: LMT) and the Defense Department have sealed a potential $11.5B deal for the company to build 141 lot 11 F-35 fighter jets for the U.S. and foreign allies. The contract includes the delivery of 91 low-rate initial production F-35s for U.S. service branches, 28 jets for international partners and …

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HIG Capital Takes Majority Stake in Iron Bow

H.I.G Capital has purchased a majority interest in Iron Bow Technologies, an information technology products and services provider to federal customers. The Miami-based private equity firm said Friday the deal marks its third government services market investment and it aims to help grow Iron Bow’s footprint in the public and …

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Aerospace Corp. Lands $1B Award to Support Federally Funded R&D Center for Space Systems

Aerospace Corp. has received a one-year, $1.05B contract modification from the U.S. Air Force to support engineering and integration of national security space systems via a federally funded research and development center. Work covers planning, systems definition and technical specification operations, as well as user needs assessment, design alternatives, interoperability, …

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Raytheon Gets $396M Navy Modification to Procure Standard Missile-6 Production Materials

Raytheon‘s (NYSE: RTN) missiles systems business has received a $395.5M contract modification to procure materials and spares needed for fiscal 2017 through 2018 production of the Standard Missile-6. The award holds options that may raise the previously awarded contract’s maximum potential value to $579.7M, the Defense Department said Friday. The …

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Ameresco to Support Military Energy Conservation Project via $143M Contract

Ameresco (NYSE: AMRC) has secured a 22-year contract worth almost $143M to support energy conservation efforts within Joint Base San Antonio in Texas. The U.S. Air Force Civil Engineer Center said Friday the contract covers the installation of 20 megawatts of renewable energy systems within JBSA’s fence line and modernization of …

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General Atomics to Provide Army UAS Technical Services Under $442M Contract

General Atomics has received a potential five-year, $441.6M contract to provide technical services to Gray Eagle unmanned aircraft systems the company has produced for the U.S. Army. The service branch will determine funds and performance locations with each order under the cost-plus-fixed-fee contract that runs through Sept. 30, 2023, the Defense Department …

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Navy Picks Three Small Businesses for C5ISR Systems Analysis, Test Engineering IDIQ

Three small businesses have been awarded spots on a potential five-year contract to support analysis and test engineering work on the U.S. Navy’s command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance systems. Contractors will vie for task orders to research, develop and test C5ISR platforms as well as combat …

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